Remove Affordable Remove All-Electric Remove China Remove Chinese
article thumbnail

Senate Bill Seeks to Tariff Chinese Vehicles Out of Existence

The Truth About Cars

This week, Senator Josh Hawley (R-MO) is introducing legislation to increase tariffs on imported Chinese vehicles this week with the stated goal of dealing with the “existential threat posed by China.” percent to 100 percent, including vehicles owned by Chinese-based automakers that are assembled in places like Mexico.

Chinese 118
article thumbnail

It’s another Chinese Tesla Model Y crusher! Meet the 2024 fast-charging long-range Onvo L60

EV Central

Rising Chinese car-maker Nio has launched Onvo, the first of two new electrified brands it has created to battle mainstream car-makers such as Tesla and Volkswagen. Priced from just $45,500 in China, the Onvo L60 costs 12 per cent less than the Model Y. 2024 Onvo L60. Then there is its ultra-fast charging. 2024 Onvo L60 launch.

Chinese 102
article thumbnail

Tesla Model 2 abandoned? Multiple sources say $25,000 electric car dead, Elon says it’s all lies

EV Central

Media reporting says Tesla has given up its plans of launching its entry-level Tesla Model 2 because of increased competition and the price war it is waging in China. According to Reuters multiple sources behind the scenes have confirmed the affordable EV is no longer happening with resources switched to developing self-driving robotaxis.

article thumbnail

Elon Musk gives nod of respect for Tesla’s competitors from China

Teslarati

Elon Musk gave a nod of respect to Tesla’s China-based competitors during the company’s recent earnings call. While responding to a question from Morgan Stanley analyst Adam Jonas, Musk noted that without restrictions, Chinese automakers would probably dominate numerous companies.

China 136
article thumbnail

Report: Ford's EV Skunkworks Team to Create Three Affordable Electric Models

The Truth About Cars

A few weeks ago, Ford announced that it had created an internal skunkworks team to focus on affordable EVs and a new platform to underpin them. All automakers in the U.S. However, the threat of China flooding the market with cheap electric models is too frightening to ignore. Mexico-Canada free trade agreement.

article thumbnail

The smartest electric car buy? Smart to launch as EV brand in Australia with two affordable SUVs to tackle BYD and GWM

EV Central

Smart will soon officially announce plans to return to the Australian market in the near future after a 10-year hiatus and introduce a new range of battery-electric cars. China’s Geely Group bought a 50 percent stake in Smart in 2019, so you might think its Chinese owner might be fuelling the Aussie reboot.

article thumbnail

China Needs More Ships to Handle Its Rapidly Growing EV Exports

The Truth About Cars

China had long been a sort of a sleeping giant in the world economy, though it hasn’t been so sleepy over the last few decades. The country’s tech, automotive, and manufacturing industries have become juggernauts in their respective sectors, and the Chinese auto industry has solidified itself as a global force.

China 91