Etiqueta: Tariffs

The move could allow Leapmotor to avoid EU tariffs on Chinese full-electric and extended-range hybrid vehicles. Reports have focused on the B10 compact electric SUV as the likely model.

NEW YORK, Sept 14 — Electric car rivals BYD and Tesla are set to be the biggest losers from Mexico’s proposed 50 per cent tariff on autos imported from China, triggering a...

China uses subsidies extensively to take a leading role in the global markets of green-tech products such as battery electric vehicles and wind turbines. Against the background of the current EU investigations into Chinese subsidies in these sectors, this article takes a careful look at the Chinese subsidy system and provides new data on direct government subsidies to leading Chinese producers of electric cars and wind turbines. Extensive government support has allowed Chinese companies to scale up rapidly, to dominate the Chinese market and to expand into foreign markets. The article concludes that the EU should use its strong bargaining power due to the single market to induce the Chinese government to abandon the most harmful subsidies.

China dominated the Munich Auto Show, but the locals could take some comfort from the debuts of BMW’s next-generation Neue Klasse technology, and a new Mercedes.

In the latest round of EURO NCAP safety testing, the BYD Dolphin Surf (aka Seagull) scored the maximum 5 star rating (along with the Nio Firefly, Hyundai Ionic 9, smart #5 and MINI Cooper). Although 5-star ratings have become an expectation, they are by no means guaranteed. The BMW 1 Series, Toyota Urban Cruiser, Suzuki e Vitara, MG3 and Citroen C5 Aircross all came up short to score 4 stars. However, when watching the crash test videos of the Dolphin Surf, it is particularly impressive how well it did, considering its size and short crumple zones.

BYD, QuantumScape, and EVgo could head higher once the EV market warms up.

Mexico said on Wednesday it will raise tariffs on automobiles from China and other Asian countries to 50%, in a broad overhaul of import levies the government said would protect jobs and analysts said was aimed at placating the United States.

EV giant BYD has big plans for the car world as it is reportedly set to sell every car it builds across the pond in Europe by 2028

Mexico’s plan to levy tariffs of up to 50% on vehicles from China may not unduly impact the Asian nation’s auto manufacturers whose inherently lower production costs mean their cars are still competitive.

Mounting debt, factory closures, and asset sales underline the scale of Nissan’s turnaround challenge.