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Cheap talk: Volkswagen to bed Renault in race to build sub-$30k EV | reports

EV Central

Volkswagen and Renault are primed to join forces to work today to develop a new family of electric cars that will be priced less than €20,000 ($A32,000). According to German newspaper Handelsblatt, both VW and Renault are considering the deal that will see both car-makers produce up 250,000 of its bargain basement-priced electric cars.

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BYD Europe aims to beat Tesla & big EU automakers

Teslarati

The Chinese automaker plans to use an aggressive marketing strategy to accomplish its goal. BYD has no plans to enter the US Market amid “complications’ [Feature] BYD Europe’s goals come at a time when the EU is wary of cheap Chinese electric vehicles (EVs). It also plans to partner with European dealerships.

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Tesla & CATL deemed the Power Couple to Recharge the US EV Market: Morgan Stanley

Teslarati

In addition, the United States has an under-supply of affordable EVs and cheap batteries for electric vehicles. Meanwhile, China has an oversupply of affordable EVs and cells in the battery market. Even Europe is leaning towards domestically sourcing and supplying battery cells for electric vehicles.

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Below $30,000! MG 2 coming in 2025 to shatter electric car price barrier

EV Central

Chinese-owned MG is hatching a cheaper sibling to its current all-electric MG 4 that will share tech but be priced from less than €20,000 ($33,000) when it makes its debut in 2025. When it lands, expect a battery size of around 44kWh that should provide for a range of more than 320km for the cheapest versions.

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

Baua Electric

The North American Graphite Alliance (NAGA), which represents US and Canadian producers of battery-grade graphite, has submitted a request to US Trade Representative Katherine Tai to reinstate Section 301 tariffs on three graphite products from China. The concerns go beyond mere supply shortages.

Chinese 52
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Europe may slap retroactive tariffs on Chinese EVs

Baua Electric

Possible “remedies” on the table include retroactive tariffs on Chinese EVs. Back in October 2023, Europe launched its formal investigation into the Chinese EV industry, as European companies are struggling to compete with the cheap, high-tech Chinese imports, made by low-cost labor, entering the European Union.

Chinese 52