Etiqueta: Tariffs

At the same time, China's No. 1 automaker will start making cars earlier than expected at a new plant in Turkey where labour costs are lower, and will vastly exceed its announced production plans, one of the sources said. Shifting production away from Hungary in favour of Turkey would be a setback for the European Union, which has been hoping that its tariffs on EVs made in China would bring in Chinese investments and well-paid manufacturing jobs.

Company EVP Stella Li pledges to create more than 5,000 jobs in Britain through dealerships by next year

Chinese giant BYD announced on Monday that its luxury brand Yangwang will be expanding to Europe, becoming the first Chinese automaker to enter the top-tier luxury segment in the continent.

This morning we're looking at Stellantis' multi-billion-dollar 2025 losses, as well as BYD's stagnation.

BYD's Dominance and the Fragility of China's EV Ecosystem

In mid-2025, the conversation about who leads electric mobility is no longer based on quarterly figures; it is now focused on the very…

BYD is shaking up the race against Tesla, Inc. and Elon Musk, not just with any electric vehicle, but by pushing bold moves into plug-in hybrid vehicles and

Discover how the Ministry of Finance's new consumption tax policy for super-luxury cars creates differentiated taxation based on technology and price.

US President Donald Trump is trying again to end the war in Ukraine – not by targeting Russia, but by hitting the countries that buy Russia’s oil.

At its first showroom in India, Tesla is selling $70,000 Model Ys — way more expensive than the US due to India’s tariffs on imported cars....