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BYD overtakes Tesla as China’s EV giants dominate global sales

Electrek

The International Council on Clean Transportation (ICCT) just dropped its third annual Global Automaker Rating, showing that Chinese carmakers dominate the zero-emission vehicle (ZEV) space. Its massive domestic market has helped Chinese automakers build serious momentum. Get started here.

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Here’s what to know about Europe’s new vote on Chinese tariffs

Baua Electric

It’s official: The European Union is moving ahead with increased tariffs on Chinese-made EVs to as much as 45.3% – in an effort to save its auto industry from total demise. Since the US and Canada apply 100% tariffs on EVs coming from China, Europe has been the most obvious choice for Chinese expansion.

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Biden rumored to announce quadrupling of tariffs on Chinese EVs, up to 100%

Baua Electric

The US government is reportedly set to announce wider tariffs on several categories of Chinese goods, including various green products like solar panels and batteries, medical goods, and in particular an increase of tariffs on Chinese EVs from 25% to 100%. Photo is licensed under CC-CC0 1.0

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China has found a workaround for strict tariffs: heaps of hybrids

Baua Electric

As the European Union slaps more restrictive tariffs on EVs pouring in from China, Chinese automakers have found a workaround: they’ll just make and export hybrids instead, since hybrids of all varieties are bizarrely exempt from the tariff scheme. The European Union’s latest EV tariffs of up to 45.3%

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Stellantis sees a drop in Q1 2024 revenue, ahead of BEV launches

Teslarati

In recent months, Stellantis has been faced with multiple rounds of job cuts , as much of the auto industry, especially in the BEV space, has seen a downtrend throughout this year. in Argentine solar power producer What are your thoughts? Stellantis acquires 49.5%

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Automakers say they won’t try to push back EU’s 2035 ICE ban

Baua Electric

President of the ACEA and CEO of Renault, Luca de Meo told the press this week at the Geneva Motor Show that the auto industry wants no part in arguing “against the regulation,” reports Automotive New Europe. “We Photo: Courtesy of Renault If you’re an electric vehicle owner, charge up your car at home with rooftop solar panels.

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Global EV sales are ‘robust’ – more than 1 in 5 cars sold in 2024 will be electric

Baua Electric

Rising EV sales are set to remake the global auto industry and significantly reduce oil consumption for road transport, according to the new edition of the IEA’s annual Global EV Outlook , released today. This shift will have major ramifications for both the auto industry and the energy sector. Get started here. –ad*

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