XPeng Seeks Production Site in Europe to Avoid Tariffs
Shortly after the EU’s temporary tariffs on Chinese-made EVs kicked in, a contact at XPeng confirmed plans for the company to build cars in Europe. At the recent event, this…
Tesla Inc. vehicles in a parking lot after arriving at a port in Yokohama, Japan, on Thursday, Oct. 28, 2022. Tesla, which was briefly a part of the trillion-dollar valuation group, currently has a market capitalization of about $650 billion.
Canada Imposes 100% Tariff on Chinese-made EVs
Canada looks set to follow the lead of the US in imposing 100% tariffs on imports of China-made electric vehicles, raising doubts over BYD’s expansion plans there. The move is…
European Commission Announces Decision on Chinese EV Tariffs
The European Commission investigation into subsidies for Chinese electric vehicles (EVs) has concluded with final tariff decisions made, and it’s good news for Tesla, not so good for other companies…
Zeekr announces fastest charging production battery in the world
Zeekr, the premium EV brand of Chinese automotive giant Geely, has launched what it says is the fastest charging EV battery in the world. The so-called ‘Golden battery’, a self-developed…
CATL Opens Showroom in Chengdu For Cars Using Its Batteries
CATL, the world’s largest automotive battery maker, has opened a supersize EV pavilion in Chengdu displaying almost 100 cars that use its batteries. The complex, named NING Space, is the…
China July NEV Sales Top 50% – Winners and Losers
China’s NEV sales, meaning full electric and hybrids, topped 50% in a single month for the first time in July with the country’s electrified vehicle take-up rate continuing to accelerate.…
BYD and Uber team up to sell more EVs
BYD’s global ambitions to turn the world electric have gained a significant boost thanks to a tie-up with ride-hailing giant Uber that aims to get more drivers into their cars.…