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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.

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BYD plans to launch Tesla Cybertruck competitor in 2024

Teslarati

According to the Chinese company’s announcement, it has developed a midsize-to-large pickup truck for the global market. The Chinese automaker does have a presence in South America, which might be a good market for its electric pickup truck. She added that BYD does not have plans to enter the United States.

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Uruguay launches first BYD battery-electric buses; projecting 500 by 2015

Green Car Congress

in partnership with Chinese automaker BYD Ltd, introduced the first battery-electric 12-meter rapid transit bus in Uruguay and the region. The BYD battery technology also allows for a full charge in less than 5 hours. Buquebus and CTS Auto S.A., The bus can be charged overnight, while the electricity pricing is lower.

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Another Tesla price cut possible thanks to plummeting lithium prices

Teslarati

None of the modern batteries that make electric vehicles possible could exist without lithium. Several factors have likely helped push Chinese lithium to its meager price. Foremost, the Chinese government recently ended incentives for electric vehicles, which has slightly slowed their adoption in recent weeks.

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Cheaper EVs are starting to show up in smaller global markets – Charged EVs

Baua Electric

Media coverage of EVs tends to focus on the world’s largest auto markets: North America, Europe and Asia. Chinese automakers, which now have a range of lower-priced EVs to sell, are heavily targeting these markets. BYD is not the only Chinese automaker targeting developing markets. The JAC E10X sports a 31.4

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Roskill: record cobalt deals in Q1 2018 show raw material procurement for Li-ion batteries revving up

Green Car Congress

There is now a significant wave of interest in battery raw material supply security, mainly from Asia, to underpin the growth of Li-ion battery production over the next decade. The year 2017 saw deals between Great Wall and Pilbara Minerals, and Ganfeng Lithium’s US$172-million financing of Lithium Americas.

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Volkswagen picks up pace of transformation with new ACCELERATE strategy

Green Car Congress

In South America and the United States, Volkswagen is striving to break even in the current fiscal year. The company can now post a profit in North America with a decrease in sales volumes of around 15% and in South America with sales volumes down by as much as 30%. Faster expansion of e-mobility.