Chinese Carmaker GAC Looks at Making EVs in Europe as Tariffs loom
Chinese state-owned carmaker GAC is exploring the manufacture of EVs in Europe to avoid EU tariffs, the general manager of its international business told Reuters on Sunday, joining a growing list of Chinese companies planning local production. The company is…
EU Tariffs on Chinese EVs are Part of an ‘economic cold war,’ Hungary’s Orbán says
The European Union risks entering an “economic cold war” with China, Hungary’s prime minister said on Friday, pledging to vote against an EU plan to impose higher tariffs on the import of Chinese electric vehicles. EU countries are set to…
US House Approves Legislation to Restrict Tax Credits for EVs Using Chinese Battery Technology
The US House of Representatives passed a Republican bill restricting electric vehicle tax credits on Thursday that could jeopardise licensing deals between American car makers and Chinese EV battery companies. The bill, which is opposed by the White House, was…
China Retaliates Over EV tariffs with Anti-dumping Probe into Canadian Canola Imports
China has announced an anti-dumping investigation into Canadian canola imports in response to Canada planning to impose tariffs on Chinese-made electric vehicles, steel and aluminum. In a news release Tuesday, China’s Ministry of Commerce said it is launching an anti-discrimination…
Canada to Impose 100% Tariff on Chinese EVs
The Government of Canada intends to implement a 100% surtax on all Chinese-made EVs, effective October 1, 2024. This includes electric and certain hybrid passenger automobiles, trucks, buses, and delivery vans as well as fuel-cell vehicles. This follows similar announcements…
EU Plans up to 36.3% Definitive Tariffs on EV Imports from China
The European Commission (EC) has announced a draft decision to impose up to 36.3% definitive countervailing duties on imports of battery electric vehicles (EVs) from China. The draft rates are lower than the provisional duties published on 4 July and…
LOBO EV Rolls Out Solar-powered Golf Carts in US
LOBO EV Technologies Ltd. (NASDAQ:LOBO), a company specializing in electric mobility solutions, has announced the launch of its new solar-powered golf cart, with an initial production run of 33 units already sold in the United States. This development represents the…
China Files WTO Complaint Against EU over Tariffs on EVs
The Chinese government said Friday it has filed a complaint with the World Trade Organization over European Union tariffs on electric vehicles made in China. The Commerce Ministry said that China had resorted to the WTO dispute settlement mechanism ”to…
Uber Partners with BYD to put its Drivers into 100,000 EVs
Uber Technologies Inc. will team up with BYD Co. to put 100,000 electric vehicles onto the ride-hailing company’s platform, in a major deal between American and Chinese businesses that notably excludes the US. Under the multiyear partnership, the two companies…
Leapmotor International Ships the First Batch of Leapmotor Electric Vehicles from China to Europe This Month
Leapmotor International, a 51/49 Stellantis-led company between Stellantis and Leapmotor, has shipped the first batch of Leapmotor electric vehicles – C10 SUVs and T03 cars – from Shanghai, China, to European ports this month, marking a significant milestone in the…
