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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. Mexico is no stranger to Chinese auto companies, as there are around 20 already selling vehicles in the country.

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Cheap solar panels from China are all over Europe – and everyone is freaking out

Baua Electric

Photo by Pixabay on Pexels.com Europe is installing more solar panels than ever before, thanks to a flood of cheap Chinese solar panels, driving installations by 40% last year. European local solar panel manufacturers have reached a crisis in that they say they can’t compete with cheap imports and oversupply.

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This $680 4-seater electric swan boat makes my own Chinese e-boat look luxurious

Baua Electric

But after buying an ultra-cheap Chinese electric boat last year , this new one makes my own lazy lake cruiser look like a luxury yacht. FTC: We use income earning auto affiliate links. The post This $680 4-seater electric swan boat makes my own Chinese e-boat look luxurious appeared first on Bauaelectric Auto News.

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Trade group asks administration to reinstate tariffs on Chinese graphite, critical material for EV batteries

Baua Electric

Now, demand for anode material is expected to surge as the US battery manufacturing market grows, and the Buy American provisions of the IRA and BIL call for manufacturers to use increasing proportions of domestically-produced raw materials. In response, companies are rushing to establish domestic graphite production and processing.

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China is exporting so many EVs that it needs more ships – a lot more

Baua Electric

Chinese EV makers are looking to export electric vehicles by the tens of thousands around the globe, but they need a lot more car-carrying vessels to make that happen. Yet, the current state of affairs is rapidly changing, with Chinese companies putting 47 ships on order, which accounts for a quarter of all orders globally.

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BYD overtakes VW’s 15-year-run as top seller in China

Baua Electric

BYD, the country’s dominant automaker in the world’s largest auto market, had a massive 62% growth in sales last year from 2022. Of course, the Chinese EV market is booming – but looking at the numbers, it’s pretty staggering. Chinese automakers expect to have sold some 9.4 FTC: We use income earning auto affiliate links.

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This new style of electric tuk-tuk makes me want to drive a taxi in India

Baua Electric

In India, it’s an auto rickshaw. My favorite part of this vehicle is just how cheap it is – a mere $592! Second, and more importantly, that’s the price when buying 100 units, which is the minimum order quantity of the Chinese factory that makes this lovable little runabout. FTC: We use income earning auto affiliate links.

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