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Trump promises 100% tariff on Mexico-built Chinese cars—EV or not

Baua Electric

Former President Donald Trump has announced that he would apply a tariff of 100% to cars built in Mexico by Chinese companies for U.S.-market In a Saturday campaign speech in Dayton, Ohio, Trump said that over a period of 30 years Mexico has taken away 34% of the automobile manufacturing business in the U.S. made ones this year.

Mexico 52
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Southeast Asia market will become a competitive place for Chinese and Japanese car companies

Setec Powerr

Europe, the birthplace of the automobile industry, to North America across the Pacific Ocean, has always been the top stage that Chinese car companies hope to step on. With the current sales figures and the seductive future expectations, Southeast Asia has successfully attracted the attention of Chinese car companies.

Asia 97
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Polestar 3 officially unveiled in China, price cut by about $29,080 from previous

CN EV Post

Polestar has officially unveiled the Polestar 3 in China today with what it calls a new pricing system. | Polestar.US The Polestar 3 is Polestar's first SUV and will be the electric vehicle company's first all-electric model that will be produced in both China and the US.

China 135
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Tesla Model Y has the best resale value out of all BEVs in China

Teslarati

The Tesla Model Y has the best resale value out of any other battery electric vehicle in China according to data from the China Automobile Dealers Association. In September the China Passenger Car Association ranked the Model Y as the best-selling of all premium SUVs in China which start at over 300,000 yuan or $43,360.

China 98
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GAC Group begins construction of $6.5B industrial park for electric and intelligent vehicles

Green Car Congress

China-based automobile manufacturer Guangzhou Automobile Group (GAC Group), the parent company of GAC Motor, has begun construction of a large industrial park for electric and intelligent vehicles as part of its efforts to boost its electric vehicle business. The company ranked 5 th among all brands in J.D.

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China realizes charging piles, complete vehicles and accessories to go overseas

Setec Powerr

China is the world’s largest producer of electric vehicles. China is the world’s largest producer of electric vehicles. In the next few years, 70% of electric vehicles in Russia will use Chinese charging stations. Demand for charging piles soars. of the total export volume.

China 52
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Nidec to form electric traction motor JV with a subsidiary of Guangzhou Automobile Group

Green Car Congress

a member of China-based Guangzhou Automobile Group Co., Among all the products in the market, companies’ attention and Nidec’s particular focus are on the traction motor, one of the most important components to replace the existing internal-combustion engine. to manufacture automotive traction motors. billion) in 2030.