CHINA EV
Tesla hikes Model 3 prices in Europe due to tariffs on China-made EVs Tesla has increased prices of its Model 3 cars in several European countries, including Germany, the Netherlands, and Spain, by approximately 1,500 euros ($1,622). This price hike comes in response to new tariffs imposed by the European Union on ele...
10 Jul, 2024, 10.29 PM ISTChina has shown 'utmost sincerity' over China-EU EV tariff talks, ministry says China has expressed its "utmost sincerity" in the consultations concerning the European Union's investigation into electric vehicle subsidies, the commerce ministry stated on Monday. The statement came in response to comments from an EU official, wh...
08 Jul, 2024, 08.13 PM ISTEU governments hesitant on Chinese EV tariffs as trade spat escalates Germany, whose carmakers made a third of their sales last year in China, wants to stop the tariffs, according to a government source, while France has been among the firmest backers.
04 Jul, 2024, 11.37 AM IST- ADVERTISEMENT
China's BYD opens EV factory in Thailand, first in Southeast Asia The BYD plant is part of a wave of investment worth more than $1.44 billion from Chinese EV makers who are setting up factories in Thailand, helped by government subsidies and tax incentives.
04 Jul, 2024, 11.21 AM ISTChina's Xi Jinping greets EU Council president ahead of EV tariffs taking effect China's President Xi Jinping conveyed his congratulations to incoming European Council President Antonio Costa, emphasizing the importance of China-EU relations. This comes ahead of the European Commission's decision to impose tariffs of up to 37.6%...
04 Jul, 2024, 10.04 AM ISTTesla's Q2 deliveries beat estimates on price cuts, incentives Tesla's delivery drop in Q2 was mitigated by incentives driving demand. Shares rose in premarket trading despite margin pressures. The company delivered various models, including the Model 3 and Model S sedan. Tesla adapted its strategy with discoun...
02 Jul, 2024, 08.10 PM ISTTesla deliveries set to fall for second straight quarter The company is expected to deliver 438,019 vehicles for the April to June period, according to an average estimate based on forecasts from 12 analysts polled by LSEG, seven of whom slashed their expectations in the past three months. The EV maker is...
02 Jul, 2024, 09.51 AM ISTChina hopes for EV tariff deal with EU that suits both sides China aims to find a "mutually acceptable solution" with the EU regarding preliminary tariffs on Chinese electric vehicles set to begin on July 4, seeking to avoid escalating trade tensions. Beijing wants the EU to drop the tariffs, while Brussels i...
27 Jun, 2024, 02.23 PM IST‘Father’ of China EV industry calls for investment talks with EU The panic coming from the EU is caused partly by the fact that Chinese foreign investment hasn’t kept up with the pace of exports, Wan Gang said. One way to improve relations would be to resume talks on the Comprehensive Agreement on Investment, he ...
26 Jun, 2024, 11.59 AM ISTChina premier calls to 'oppose decoupling' at economic forum Friction between the West and the world's second-largest economy has intensified in recent years, particularly as Beijing and Washington compete for supremacy in advanced technology and new "green" industries.
26 Jun, 2024, 10.37 AM ISTExplained: What happens next in the EU investigation into Chinese EVs? China and the European Commission plan talks to address proposed tariffs on Chinese-made electric vehicles entering the EU, potentially easing tensions. The EU intends to impose provisional duties on these vehicles, ranging from 17.4% to 38.1%, with...
24 Jun, 2024, 09.34 AM ISTChina wants EU to scrap EV tariffs on EVs by July 4 Beijing urges the European Union to revoke its preliminary tariffs on Chinese electric vehicles (EVs) by July 4, as reported by China's state-controlled Global Times. The EU plans to impose provisional duties of up to 38.1% on Chinese-made EVs while...
24 Jun, 2024, 08.20 AM ISTEU and China set for talks on planned electric vehicle tariffs The confirmation came after China's commerce ministry said its head Wang Wentao, and Dombrovskis, executive vice president of the European Commission, had agreed to start consultations over the EU's anti-subsidy investigation into Chinese EVs.
24 Jun, 2024, 01.17 AM ISTChina and European Union agree to talks in bid to head off trade war China and the European Union have decided to initiate talks aimed at resolving an increasingly tense tariff dispute, with billions of dollars in trade hanging in the balance. According to the Chinese Commerce Ministry, discussions will be held betwe...
23 Jun, 2024, 10.16 AM ISTWhat happens next in the EU investigation into Chinese EVs? The European Commission plans to impose provisional duties on electric vehicles (EVs) from China, ranging from 17.4% to 38.1%, in addition to the existing 10% tariff. These duties are set to take effect by July 4 as part of an anti-subsidy investiga...
21 Jun, 2024, 05.02 PM ISTThe secret behind Chinese EV industry's rise: $231 billion in 15 years China's EV industry received $231 billion in government subsidies and aid from 2009 to 2022. Support per vehicle decreased, with sales tax exemptions being over half the total. Research suggests EU and US tariff responses. EV quality is improving, c...
21 Jun, 2024, 02.15 PM ISTChina drives away autonomous Tesla Elon Musk envisions a future driven by self-driving cars and humanoid robots, potentially transforming Tesla into a trillion-dollar enterprise. However, uncertainties loom over Tesla's ability to deliver on these promises to both consumers and share...
20 Jun, 2024, 10.44 PM ISTEVs versus pork: China has its hand on a raw nerve of Europe The escalating trade tensions between Europe and China over electric vehicles have the potential to ignite a new trade war. As Europe imposes tariffs on Chinese EVs, China retaliates by targeting European farmers, particularly in the pork industry. ...
20 Jun, 2024, 03.49 PM ISTCounterstrike! China eyes trade war targets across Europe Trade war: China is preparing to retaliate against the European Union over proposed tariffs on electric cars. Targeted products include brandy from France, pork from Spain, wine primarily from France, and cars from Germany. The potential trade barri...
20 Jun, 2024, 08.47 AM ISTChina warns EU tariffs on EVs would 'harm' Europe's interests China criticised the EU's planned additional tariffs on Chinese electric vehicles, warning of harm to Europe's own interests and condemning it as protectionism. The EU Commission is expected to impose fresh duties, potentially up to 25 per cent on t...
12 Jun, 2024, 01.58 PM IST