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China considers 25% tariff on foreign cars with large engines 

Teslarati

China is considering a 25% tariff on foreign vehicle imports with large engines. China’s tariffs on foreign cars follow President Biden’s increased tariffs on Chinese electric vehicles (EVs) entering the United States. Europe will allegedly release more information about tariffs on Chinese EV imports by early June.

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BorgWarner secures additional eMotor business from Chinese EV maker XPeng – ET Auto

Baua Electric

New Delhi: BorgWarner has won two high-voltage hairpin (HVH) eMotor business from XPeng , a Chinese Smart EV manufacturer, for use on two upcoming SUV models. Addressing the need for enhanced performance in high-power motors, BorgWarner has engineered oil-cooled solutions.

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The $10,000 BYD Seagull EV is scaring the U.S. auto industry

Teslarati

Although competitive Chinese automaker BYD isn’t yet slated to enter the U.S. BYD launched its Seagull, a small hatchback EV with a price tag starting at 69,800 yuan (~$9,773), at the Shanghai Auto Show last year. auto market anytime soon , some U.S. auto sector,” the organization writes. BYD last year sold 1.57

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Toyota unveils 2 New bZ series EV models at Auto Shanghai

Green Car Congress

Toyota Motor Corporation unveiled two BEV concept models, the bZ Sport Crossover Concept and bZ FlexSpace Concept, at Auto Shanghai. They will be launched in the Chinese market in 2024 as two models out of the ten BEV models that Toyota plans to release by 2026. It is planned to be produced and sold by FAW Toyota Motor.

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Volvo Cars and Geely Auto to deepen collaboration; new combined powertrain company

Green Car Congress

Volvo Cars and Geely Auto have agreed on a wide-ranging collaboration that will maximize the strengths of the Swedish and Chinese automotive groups, delivering synergies in powertrains, sharing of electric vehicle architecture, joint procurement, autonomous drive technologies and aftersales.

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Tesla moves key auto executive amidst layoffs and departures

Teslarati

It also comes as Tesla prepares to enter the Chinese market with its Full Self-Driving (FSD) software, and as such, many have been speculating that the move could be related to the system’s rollout in the first country outside of North America. billion in yearly earnings by 2030. What are your thoughts?

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Ferrari, with first electric supercar coming in 2025, warns rivals over Chinese EVs

Baua Electric

Although its first fully electric supercar is not due out until next year, Ferrari is warning rivals about incoming Chinese EVs. Ferrari warns rivals with Chinese EVs surging “For me, this is a call to action for Europe,” Benedetto Vigna, Ferrari’s CEO, said in an interview with BloombergTV.

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