Etiqueta: Tariffs

Rob and Jesse talk with Chinese auto market expert Michael Dunne.

SHANGHAI (Reuters) -China's annual major auto shows have become a showcase for the rise of ever-cheaper, better-performing electric vehicles and more confident local brands in the world's biggest market for cars. But the Shanghai auto show opened on Wednesday amid deep industry-wide uncertainty over how the U.S.-China trade war could dampen demand and scramble supply chains as 100 more models launch into an already crowded market with more losers than winners. In a further complication, Chinese regulators signalled more and tougher scrutiny for smart-driving features that many automakers had seen as the next big thing in setting apart their cars from competitors just a week ago.

SHANGHAI (Reuters) -China's annual auto shows have become the world's premier showcase for the rise of ever-cheaper, high-tech electric vehicles from domestic brands in the world's biggest car market. But the Shanghai auto show opened on Wednesday amid industry-wide uncertainty over how the U.S.-China trade war could sap demand and upend supply chains as about 70 automakers launched more than 100 new models into a crowded market with more losers than winners. Automakers also wrestled with a Chinese government crackdown, announced last week, on the marketing of smart-driving systems that many industry executives view as the next technological battleground here.

Chinese electric vehicle giant BYD has already beaten out long-standing frontrunner Tesla in sales of electrified vehicles. And now it’s coming for luxury sports cars.

The global automotive industry has been experiencing a seismic shift since 2 April. The US administration has imposed customs duties of 25% not only on imported vehicles, but also on the spare parts essential to their manufacture, as well as on steel and aluminium. A protectionist measure with potentially devastating…

SHANGHAI (AP) — Leading automakers will be showcasing their latest designed-for-China models at the Shanghai auto show this week, struggling not to be edged aside in the world’s largest car market…

Buick's new flagship sedan concept is an exploration of its future design language that was developed at GM's China Advanced Design Center.

Revealed at the Shanghai auto show, the Electra GS is nearly as long as a BMW i7 and has a fastback roofline and piercing headlights.

Competition with China in the automotive sector is a challenge for Europe, but also presents opportunities. Coordination is needed at the EU level to develop local value chains and to ensure that strong EV demand rebounds, providing continued support for the industry.

China’s Contemporary Amperex Technology (CATL), the world’s largest producer of electric vehicle batteries, has unveiled an upgraded battery that promises an even longer range than rival BYD’s cutting-edge technology.