Etiqueta: Tariffs
Opinion | How China is engineering Asia’s rise as the world’s...
Systematic Chinese investments and tech transfers are being embraced, especially in Southeast Asia, in contrast to Western decoupling efforts.
German Leaders and Auto Chiefs Team Up in Push to Relax...
The chancellor said he planned to urge the European Union to back off a policy that has been widely interpreted as a ban on combustion engines after 2035.
China’s BYD expands South American footprint with Argentina EV launch
BUENOS AIRES (Reuters) -China's largest carmaker BYD on Wednesday launched sales of its EVs in Argentina, taking advantage of the lifting of import tariffs for electric and hybrid vehicles and boosting its fast-growing footprint in South America. Chinese brands dominate this sector, and Argentina has said it expects imports of about 40,000 electric and hybrid vehicles to enter the country by the end of January. Normally, imported cars from brands that do not have manufacturing operations in Argentina or other members of South America's trade bloc Mercosur, which includes Brazil, pay a 35% tariff.
BYD’s UK sales soar despite subsidy snub
BYD's UK success challenges the nation's EV strategy and reshapes the automotive landscape.
China’s BYD Sees Sales in the UK Jump by 880%
Britain has emerged as key market for BYD, as it is the only European nation with no tariffs on exported electric and hybrid vehicles from China
FEATURE: BYD
When it was announced that BYD’s sales had overtaken those of Tesla, there was those who put the blame squarely the erratic behavior of Elon Musk. In reality the Chinese company had been building up
What’s Going On With BYD Sales?
As reported by CnEVPost, BYD’s overall quarterly sales were down 1.82% YoY with passenger vehicles down 2.1%, while commercial vehicles were up 52.61%. While PHEV sales were down 23.72%, BEV sales were up 31.37%. While the Chinese market declined, overseas sales were up 146.42%. Looking deeper, the BYD brand saw the bulk of the decline, while premium brand Fang Cheng Bao stands out, with sales up 344.87% in September, driven by the Ti3 BEV and recently launched Ti7 PHEV, which have tended to be supply-constrained.However, this is BYD’s first YoY drop in sales since 2020. In a quarter when several other automakers saw increases. What’s happening?
Car Trouble: ICTS Rule Rewires Global Auto Supply Chains
The US is forging ahead with new measures to bar Chinese-made vehicles as well as certain software and hardware from the US market. Global automakers and their suppliers will now have to restructure their…
BYD, MG, Leapmotor Drive Chinese Hybrid Growth in EU
Chinese automakers BYD, MG, and Leapmotor hit record 9.8% hybrid sales share in Europe, shifting focus amid tariffs and EV competition.
BYD’s quarterly sales drop for the first time in five years
September was the worst month of Q3 for the Chinese carmaker.
