Etiqueta: Tariffs

Chinese EV companies captured 10.6% of Europe's EV market share in June despite EU tariffs. BYD and Xpeng saw significant sales growth.

The United States has agreed to impose 15 percent tariffs on imports from South Korea under a trade deal announced on Wednesday, easing earlier concerns over a potential 25 percent rate.

BYD is postponing its Hungary plant production and exploring Turkey as a strategic hub, amidst evolving EV demand and trade dynamics in Europe.

A Canadian energy analyst’s vacation rental turned into an opportunity to compare China’s BYD electric car with North American models—sparking reflections on how Canada’s trade policy shapes its EV market.

Local automakers threaten to suspend investment if China BYD is granted a tariff reduction

Chinese EV maker seeks cut while building local plant but other carmakers and regional governors say it could hurt Brazil’s industrial base.

BYD’s EV expansion plans in India are reportedly facing setbacks due to visa curbs and government resistance.

BYD has been forced to run key operations outside India and manage its local business remotely, despite strong demand continuing to drive EV sales higher in the country.

BYD faces hurdles in India due to strained political ties. Visa issues force executives to meet abroad. Despite this, BYD cars are popular. India rejects BYD's investment plan. This impacts tariff benefits. Tesla expands in India. BYD relies on its Chennai plant. High import duties increase car costs. India now allows Chinese tourist visas again.

Ford's CEO Jim Farley doesn’t mince words: the thing that keeps him up at night isn’t just Chinese prices… it’s their pace. After a trip to China and a deep