Every EVXL story tagged “China” — newest first.
Xiaomi, the Chinese smartphone giant, is making waves in the electric vehicle (EV) market, showcasing its first electric car, the SU7, during the Paris Olympic Games. As reported by Bloomberg, this bold move marks a significant step in the company’s ambitious $10 billion plan to become a major player in the global EV industry. From…
Reuters reports that the European Union is set to impose tariffs of up to 37.6% on electric vehicles (EVs) imported from China, marking the EU’s largest trade case to date. This move, aimed at leveling the playing field for European automakers, has sparked concerns about potential retaliation from Beijing and its impact on the global…
Ford Motor Company CEO Jim Farley expressed growing optimism about the automaker’s ability to produce electric vehicles (EVs) profitably in the U.S., thanks to supportive government policies, reports Axios. This development is crucial as Ford, the second-largest EV brand in the U.S., navigates the competitive landscape dominated by Tesla. Boosting Confidence with Government Support Farley…
Germany finds itself in a precarious position as tensions escalate between the European Union and China over proposed tariffs on electric vehicles. The country’s deep economic ties with both sides have put it at the center of a brewing trade dispute that could have far-reaching consequences for the global automotive industry, reports The NY Times.…
The Tesla Model 3 Long Range has become fully eligible for the $7,500 federal tax credit for electric vehicles (EVs) in the United States.
Fisker, the struggling electric vehicle startup, has filed for Chapter 11 bankruptcy amid mounting financial woes and production challenges. The company, known for its Fisker Ocean electric SUV, had previously warned of a potential collapse due to insufficient funds to survive another year, reports CNN. In a statement, a Fisker spokesperson acknowledged the difficulties faced…
Volvo, the Swedish automaker owned by China’s Geely, is moving production of its electric vehicles (EVs) from China to Belgium as the European Union (EU) considers imposing tariffs on Chinese-made EVs, according to a report by The Times. EU Investigates Chinese EV Subsidies The European Commission launched an investigation in October 2023 to determine whether…
Germany’s Stance on EV Tariffs German Chancellor Olaf Scholz has voiced his opposition to restricting automotive trade, as the European Union moves closer to imposing tariffs on electric vehicles (EVs) imported from China. Scholz emphasized that Germany’s auto industry, which benefits significantly from business in China, can remain competitive with Chinese carmakers if trade is…
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