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…
Ford CEO Open to Working With Rivals to Compete With China
Ford Chief Executive Jim Farley said on Thursday the automaker is reworking its electric vehicle strategy to compete with Chinese rivals, and opened the door to collaboration with other automakers to cut EV battery costs. BYD and other low-cost Chinese…
BYD Picks Brazil For Its First Electric-Vehicle Hub Outside Asia
Chinese electric-vehicle juggernaut BYD Co. is joining a Latin American lithium rush in a bid to lock in more supplies of the metal that’s a key component in EV batteries. In Chile, the nation with the biggest reserves of lithium,…
Say Goodbye To The US Car Market As We Know It: Cheap Chinese EVs Are Coming
After years of preparation, Chinese car companies are poised to upend the US electric-vehicle market. Industry watchers say it’s only a matter of time before Chinese automakers bring their impressive — and importantly, inexpensive — electric cars to the US. After years…