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Mexico Won't Offer EV Incentives to Chinese Automakers

The Truth About Cars

Chinese automakers are expanding into Mexico, with companies like BYD opening dealerships across the country. Automotive News reported that the country would not offer tax incentives or land discounts to Chinese automakers. They also want to take action to protect American EVs from cheap or subsidized Chinese models.

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Hyundai, Kia join China’s Baidu to develop connected cars – ET Auto

Baua Electric

The South Korean companies will seek to find new business models harnessing artificial intelligence technologies with the Chinese counterpart as well. Hyundai and Kia will also utilise Baidu’s smart cloud computing technology to address Beijing’s enhancing data regulations, reports Yonhap news agency.

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Visiting Chinese trade official warns EU on greentech probe – ET Auto

Baua Electric

He cited the EU’s investigations into Chinese electric cars, solar panels and wind turbines as examples. He cited the EU’s investigations into Chinese electric cars , solar panels and wind turbines as examples. Earlier this week, Wang was in France where he met French Finance Minister Bruno Le Maire.

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Italy exploring partnership with Tesla, Chinese carmakers to bolster domestic auto industry: report

Teslarati

million vehicles, Italy has reportedly initiated discussions with a number of potential partners, such as Tesla and Chinese carmakers. Apart from Tesla, the minister stated that the government is also in talks with three Chinese automakers. Don’t hesitate to contact us with news tips.

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Volvo XC90 plug-in hybrid review, Chinese EV tariffs, retailers shun EV charging: Today’s Car News

Baua Electric

Senators push the idea of new tariffs to keep out Chinese EVs. And could the Rivian R3 help EV revive small cars in America? This and more, here at Green Car Reports. tariff hike on Chinese EVs keep them out? With bipartisan pressure to dissuade Chinese automakers from selling their products in the U.S.,

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US, EU eye Chinese legacy chips in renewed semiconductor accord – ET Auto

Baua Electric

Commerce Secretary Gina Raimondo told a news conference that China was producing some 60% of legacy chips, found in cars, household appliances and medical devices, and would continue to do so in the coming years.

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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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