The share of made-in-China vehicles in the region is expected to rise to just over 25% in 2024, according to T&E research.
China-made electric vehicles will make up more than a quarter of the EV sales in Europe this year, with the country’s share increasing by over 5% from a year earlier, according to a new policy analysis. About 19.5% of battery-powered EVs sold in the E.U. last year were from China, with close to a third of the sales in France and Spain constituting EVs shipped from the Asian country, the European Federation for Transport and Environment (T&E) reported in a paper shared Wednesday. The share of...
Tesla Supercharger can power up not only Tesla EVs but also other vehicles, like in the case of Polestar which recently embraced the technology in China.
Tesla has reduced electric vehicle production in China due to slow new-energy vehicle sales and increased competition, resulting in a drop in shipments year-over-year.
The China-built BYD Seagull, a compact all-electric hatchback, starts at just 69,800 yuan (or less than $10,000).
On Thursday, Xiaomi will officially launch the SU7, its first electric vehicle, and begin taking orders.
Watch the ondemand video of the Roundtables session: How China Got Ahead on EVs. Available only to MIT Alumni and subscribers. Hosted by Zeyi Yang, China reporter, Amanda Silverman, Features & investigations editor, and Abby Ivory-Ganja, Sr engagement editor. Learn more about how China has made progress on EV technology and its impact in the global market, particularly the West.
Description: China says it will take pragmatic measures to support the growth of the new-energy vehicle industry. The call comes as domestic EV makers gear up to report their latest quarterly earnings amid an intensifying price war. Bloomberg Asia transport reporter Linda Lew and HSBC Qianhai Securities' Yuqian Ding look at the speed bumps ahead. (Source: Bloomberg)
China’s removal of punishing tariffs on Australian wine imports will be celebrated with the popping of corks over the Easter weekend but rebuilding the $1.1 billion trade will take time, an assister minister says. The Chinese Ministry of Commerce announced late on Thursday it was “no longer necessary” to impose sanctions on Australian wine imports. […]
China has filed a complaint against the Biden administration's EV incentive policy with the World Trade Organization (WTO), Bloomberg reports. New rules for the federal EV tax credit enacted in 2022 as part of the Inflation Reduction Act are "discriminatory" and "seriously distorted" the global EV supply chain, the Chinese Ministry of Commerce
Mumbai: Electric vehicles (EVs) are set to scale a new milestone, breaching the 100,000 sales mark this financial year (FY24), fuelling the government’s ambitious aim of electrifying up to 30% of all passenger vehicle sales by 2030.The sales surge would be propelled by falling battery prices and resultant product price cuts by some automakers, robust government support for eco-friendly vehicles, higher prices of fossil fuels and growing environmental awareness among consumers. Launch of new...
America's $7,500 tax credit for EVs violates WTO principles of fair trade, according to an international dispute launched by China