Etiqueta: Tariffs

Government subsidies have played a crucial role in nurturing China's thriving EV sector and manufacturers such as BYD.

Chinese carmakers BYD and SAIC subsidiary MG have not yet decided whether they will increase prices on electric vehicle sold in the European Union to offset the impact of additional duties, sources close to the two groups have told Reuters. The sources said that there would be no decision before July 4 when the provisional duties take effect. A spokeswoman for Dacia, Renault's low-cost brand whose electric Spring is imported from China, said that an announcement on its price was "not on the agenda".

Chinese carmakers BYD and SAIC subsidiary MG are awaiting confirmation of new European tariffs on imports of Chinese-made electric vehicles before deciding on any price hikes in Europe to offset the...

BYD launched its Shark hybrid truck in Mexico in another sign of the country’s growing importance to the company. Read more at straitstimes.com.

New import duties will drive up the cost of Chinese cars sold in Turkey. Authorities want to protect domestic brands and convince Chinese manufacturers to build factories in the country.

Chinese firms have reported a decline in sales and a hit to brand image as a result of the EU's recently concluded anti-subsidy probe

BYD and Honda are part of the Zacks Industry Outlook article.

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Ampersand, a Rwandan EV manufacturer has partnered with Chinese largest electric vehicle maker BYD to build 40,000 e-motorcycles in East Africa