Etiqueta: Tesla

After concluding that EVs imported from China have an unfair advantage due to government subsidies, the European Commission said it...

Volkswagen Group has responded to the European Commission's (EU) decision to impose additional tariffs of up to 38% on Chinese EVs, following preliminary results of its anti-subsidy investigation which found that prices are being distorted by Chinese state support.

Brussels' decision to impose tariffs on Chinese electric vehicles will impact companies such as BYD Co (OTC:BYDDF) and SAIC, as well as Tesla Inc (NASDAQ:TSLA), which manufactures in China. Starting next month, the European Commission plans to apply provisional duties of up to 25% on imported Chinese EVs, aiming to counteract the subsidies Chinese manufacturers receive from their government. This measure could escalate to about 35%, significantly lower than the 100% duties applied by the U.S., t

You might have seen BYD plastered all over the Euro 2024 coverage. The car company is an official partner of the tournament – but what is BYD, and what do you need to know?

BRUSSELS (AP) — The European Union moved Wednesday to hike tariffs on Chinese electric vehicles, escalating a trade dispute over Beijing’s subsidies for the exports that Brussels worries is h…

The European crackdown comes after Joe Biden announced sweeping tariffs on $18 billion worth of Chinese goods, including a 100% tax on Chinese EVs.

Why You Should Care!

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BYD Company Limited's aggressive expansion into global markets with affordable EV options could threaten Tesla and others. Learn more on BYDDF stock here.

XPeng's Mona sub-brand launches Xpeng M03, equipped with BYD batteries, potentially mirroring NIO's Onvo strategy.