Every EVXL story tagged “China” — newest first.
Italian Foreign Minister Antonio Tajani has voiced support for proposed European Union tariffs on Chinese electric vehicle (EV) exports. This stance comes ahead of a meeting with China’s commerce minister in Rome, according to Reuters. Protecting European Competitiveness “We support the duties that the EU Commission proposes, to protect the competitiveness of our companies,” Tajani…
Ford CEO’s China Trip Sparks Major EV Strategy Shift Jim Farley, Ford’s chief exec, is sounding the alarm after a recent China visit left him shaken by the country’s EV prowess. The Wall Street Journal reports that this wake-up call is driving significant changes in Ford’s approach to electric vehicles. The China Shock During his…
The Biden administration has just announced a major move in the trade war with China, slapping a 100% tariff on Chinese electric vehicles (EVs) among other goods. This decision, set to take effect on September 27, is part of a broader strategy to protect strategic domestic industries from China’s state-driven excess production capacity, reports Reuters.…
BMW’s recent announcement about cutting its profit margin forecast due to sluggish demand in China is just the tip of the iceberg. According to analysts, electric vehicles (EVs) are shaking up auto sales in the world’s biggest market, leaving foreign car manufacturers struggling to keep up, reports VOA News. The Rise of Chinese EVs In…
Sales of Chinese brands are up nearly 22% with Chinese companies overwhelmingly dominating sales of the EV market. Overcapacity in China’s auto manufacturing has become a major point of tension between the country and other big economies. The complaint from the west is that Beijing’s industrial policy has unfairly advantaged Chinese companies, leading to fears…
The European Union is set to lower its proposed tariffs on electric vehicles (EVs) imported from China, following consultations with affected companies. This development comes as part of an ongoing trade dispute between the EU and China over EV subsidies and market competition, reports the SCMP. Key Points Background The European Commission launched an investigation…
In a bold move to expand their global footprint, nearly 900 Chinese auto suppliers and a handful of EV makers are showcasing their products at the Automechanika trade fair in Frankfurt. This event, which typically focuses on suppliers, has added a special “EV Expo” to highlight Chinese-made electric vehicles. The initiative comes as the Chinese…
Citroën is gearing up for an epic journey across Africa with four electric vehicles powered solely by custom-made solar panels. This ambitious trek, dubbed La Croisière Verte, aims to showcase the long-distance potential of compact, lightweight EVs. The expedition, set to cover 8,388 miles (13,500 km), will commence this October, marking the centennial anniversary of…
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