EU votes to impose big tariffs on Chinese-made EVs
The European Union has voted to impose the previously proposed high taxes on imported Chinese-made EVs for the next five years with a majority of states voting in favour. China's…
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…