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China says it will ‘rein in’ the flood of EVs coming our way

Baua Electric

But now China has said it will “rein in” some of its huge EV expansive in response to criticism of “unfair” industrial and trade policies. There are also some disorderly competition behaviors,” Xin Guobin, vice-minister of industry and information technology, told the Financial Times. What that means is anyone’s guess.

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Europe may slap retroactive tariffs on Chinese EVs

Baua Electric

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. million fully battery-electric vehicles last year, coming close to Tesla’s 1.8

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China gave BYD an incredible $3.7 billion to ‘win’ the EV race

Baua Electric

The study added that BYD also benefits from the support for local battery manufacturers and federal rebates for EV buyers. Of course, even the study’s author say that the rapid adoption of green tech in Europe in particular is due in large part to cheap goods coming from China. billion only two years later. Inflation Reduction Act.

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Why Warren Buffett is investing in electric car company BYD - Apr. 13, 2009

Tony Karrer Delicious EVdriven

Why hes banking on an obscure Chinese electric car company and a CEO who - no joke - drinks his own battery fluid. BYD CEO Wang Chuan-Fu figured out how to make cheaper batteries than the Japanese by replacing machines with migrant workers. tech industry during the 1990s. EMAIL | PRINT | SHARE | RSS DIGG FACEBOOK DEL.ICIO.US

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2020 Top 10 Countries in the Global EV Revolution

EV Sales

8TH PLACE: SOUTH KOREA, 51 POINTS (6TH IN 2019) Claim to fame: Korean EV makers (basically, the Hyundai-Kia conglomerate) continued their advance, nearing 200k made in 2020, while Korean battery makers cemented their global dominance with twin giants LG Chem and Samsung launching factories in Hungary, and more being built elsewhere.

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