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US Senate panel expands probe into BMW use of parts from banned Chinese supplier – ET Auto

Baua Electric

The chair of the Senate Finance Committee said on Monday he was expanding its probe into German automaker BMW ‘s use of electronic components from a banned Chinese supplier. Wyden also wants any actions taken by BMW “to address any cars or spare parts containing JWD parts improperly imported by BMW” after December 2023.

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BMW imported 8,000 vehicles into US with parts from banned Chinese supplier says Senate report – ET Auto

Baua Electric

.” German automaker BMW imported at least 8,000 Mini Cooper vehicles into the United States with electronic components from a banned Chinese supplier, a U.S. That Chinese company was added to the UFLPA Entity List in December, which means its products are presumed to be made with forced labor. imported vehicles. .”

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Tesla VP says over 95% of Giga Shanghai's parts come from local suppliers

CN EV Post

Over the past two years or so, not only Tesla but the entire Chinese NEV industry has grown tremendously, Grace Tao said. The post Tesla VP says over 95% of Giga Shanghai's parts come from local suppliers appeared first on CnEVPost. For more articles, please visit CnEVPost.

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Chinese EV battery maker SVOLT announces major expansion into Europe

Teslarati

A Chinese battery producer SVOLT has announced a major European expansion to help fuel the EV industry on the continent. To meet this growing demand , Chinese battery maker SVOLT has announced it will be constructing at least five new battery plants on the continent and is in talks with automakers to begin supplying as soon as possible.

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Car parts maker Valeo posts lower first-quarter sales on weak EV demand – ET Auto

Baua Electric

Car parts makers face slowing auto production, leaving suppliers with excess capacity, and are striving to reduce costs, including laying off workers, as Chinese EV makers expand in Europe. It reported quarterly sales of 5.43 billion euros (USD 5.82 billion) in comparison to 5.48 billion in the year-earlier period.

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SAIC’s MG to open second Europe parts centre by the summer – ET Auto

Baua Electric

MG Motors, a unit of Chinese automaker SAIC, will open a second European parts centre by the summer of 2024 in France to meet the country’s growing demand for its vehicles, a spokesperson told Reuters on Thursday. SAIC is currently evaluating whether to build a factory in Europe.

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India at risk of becoming dumping ground for Chinese products amid US tariff hike – ET Auto

Baua Electric

It also said that higher duties on Chinese face masks, syringes and needles, medical gloves and natural graphite presents an export opportunity for India. It also said that higher duties on Chinese face masks, syringes and needles, medical gloves and natural graphite presents an export opportunity for India. “By

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