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Biden administration considers penalties for Chinese EV companies in Mexico

Teslarati

White House to hike tariffs on Chinese EVs to fend off cheap imports The White House is thinking of adding penalties to the tariff if Chinese EV makers move production to Mexico to circumvent new import taxes. China’s leading automaker, BYD, has already started exploring opportunities in Mexico. According to U.S.

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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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EVs reach 90% market share in Norway as the overall auto market falters – Charged EVs

Baua Electric

Battery EVs took a 90% share, as recent tax changes make PHEVs less appealing. Legacy vehicles are subject to heavy taxes, but there are few affordable electric models. Auto buyers in China and India (and increasingly, smaller emerging auto markets ) have more cheap entry-level models to choose from. of the market, up from 90.1%

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Farley: Chinese language automakers turning into EV ‘powerhouse’

Baua Electric

He cited BYD, Geely, Splendid Wall, Changan and SAIC as a number of the “winners” amongst Chinese language automakers. It’s restructuring operations there to show one in every of its joint ventures into an export hub for cheap business electrical and combustion cars. Ford has confronted complaint from Sen.

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EV ute overload: The electric pickups coming soon

EV Central

BYD ute BYD ute patent shows what the EV ute will look like BYD is the biggest threat to Tesla globally and it’s also shaping up to give the Toyota Hilux and Ford Ranger something to worry about with a new ute. The much-hyped BYD ute is due in 2024 and it’s already been leaked in online patent images.

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BYD has no plans to enter the US Market amid “complications’ [Feature]

Teslarati

China’s top new energy vehicle manufacturer, BYD, has no plans to enter the United States auto market. BYD Executive Vice President and CEO of BYD Americas sat down with Yahoo Finance , and talked about the Chinese automaker’s lack of presence in the US Market and the global electric vehicle (EV) market.

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The electric year ahead: Every new EV coming to Australia in 2024

EV Central

As well as new models from heavy EV hitters such as Tesla, BYD, Polestar and Volvo, there will be a raft of traditional brands jumping on board the electric car race. BYD Seal U BYD Seal U. Due in the second quarter, the BYD Seal U is available globally as a plug-in hybrid EV (PHEV) and a fully electric model.