Etiqueta: Tariffs

Heavy tariffs on Chinese-made BEVs are pushing the country’s automakers to focus on PHEVs instead. By Stewart Burnett

An Industry Transformed: My Firsthand Impressions

The automaker is invested heavily in Europe, and already building two local factories

ICBC-RESULTS/ (WRAPUP 1):WRAPUP 1-China's Big Five banks post slimmer margins as economic challenges persist

The Shanghai Auto Show is about to open, attracting nearly 1,000 companies and over 100 new car launches. Automakers are placing more emphasis on technology displays, attracting a large number of overseas visitors, especially automotive agents. During the exhibition, 30% of the visitors at the NIO booth were foreigners, indicating that Chinese auto shows are evolving into a global hub. Overseas audiences have shown a strong interest in charging and battery swapping technologies, with particular attention to NIO's battery swapping technology

Donald Trump's trade war with China wasn't mentioned much at the Auto Shanghai show. But the trade battle still was a cloud hanging over the event.

The president is shaking would-be investors’ confidence in the US just as China’s car sector flourishes.

BYD has reported a 100.38% surge in net profit attributed to the shareholders for the first quarter (Q1) of the 2025 financial year.

Executives speaking anonymously revealed that BYD is rethinking how it approaches the European market in the wake of the continent’s resistance to its technology.

China’s share of the UK car market has soared in the last two years to make up more than 10 per cent of imports as Brits embrace an influx of new, cheaper models. Many of China’s biggest manufacturers, from BYD to Geely, are jostling to become the dominant player in the UK EV segment, setting [...]