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…
GAC Launches World’s Fastest Motor
GAC sub-brand HYPTEC, formerly known as Hyper, has announced the start of production of the Quark Electric Drive 2.0, a motor claiming the world’s highest speed of 30,000rpm. GAC claims…
CATL’s CIIC skateboard chassis readies for mass production under Neta S Wagon
Our contacts at Neta have confirmed that the first car built on CATL’s CIIC skateboard chassis will be the 800-volt Neta S Wagon. Skateboard chassis were all the rage in…
Evergrande Auto Saga Looks All But Over
Evergrande Auto, the perennially struggling automotive arm of equally beleaguered property giant China Evergrande Group, has laid off all of its remaining employees. The news looks to be all but…
Baidu Robotaxi Fleet Hits Seven Million Rides
Baidu’s Apollo Go self-driving ride-hailing platform has clocked up more than seven million autonomous rides since its inception, according to a recent Baidu earnings call. The achievement was reached thanks…
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…
News Round-up 12-18
The Chinese automotive market never sleeps and this week was no exception, with a spate of new model releases, pre-order book openings, and production line roll-offs. Here’s your quick summary…
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…