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Biden administration considers penalties for Chinese EV companies in Mexico

Teslarati

White House to hike tariffs on Chinese EVs to fend off cheap imports The White House is thinking of adding penalties to the tariff if Chinese EV makers move production to Mexico to circumvent new import taxes. China’s leading automaker, BYD, has already started exploring opportunities in Mexico. According to U.S.

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EV ute overload: The electric pickups coming soon

EV Central

BYD ute BYD ute patent shows what the EV ute will look like BYD is the biggest threat to Tesla globally and it’s also shaping up to give the Toyota Hilux and Ford Ranger something to worry about with a new ute. The much-hyped BYD ute is due in 2024 and it’s already been leaked in online patent images.

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BYD has no plans to enter the US Market amid “complications’ [Feature]

Teslarati

China’s top new energy vehicle manufacturer, BYD, has no plans to enter the United States auto market. BYD Executive Vice President and CEO of BYD Americas sat down with Yahoo Finance , and talked about the Chinese automaker’s lack of presence in the US Market and the global electric vehicle (EV) market.

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What Does It Take To Win The EV Race As A Country?

Get Electric Vehicle

If you come across a safe and reliable battery technology it can be used in the country’s space mission or you found a better alloy that is cheap to produce or lighter in weight and performs well under load it can be used in other sectors or even in the gasoline cars to increase efficiency and reduce carbon emission.

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China and the Electric Car | Autos | Smart Spending | Mainstreet

Tony Karrer Delicious EVdriven

Last fall, Buffett’s MidAmerican Energy Holdings unit of Berkshire Hathaway (Stock Quote: BRK.A ) paid $230 million for a 10% stake in BYD Auto (short for “build your dreams”), based in Shenzhen, China. How to Buy it Cheap Treasury Launches Auto Supply Program Would You Drive GM's PUMA? automakers in their own market.

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Tesla hopes to replicate Giga Shanghai lines in Mexico, but U.S. isn’t thrilled

Teslarati

Giga Shanghai is widely considered Tesla’s best factory in terms of build quality and talent, and it has also been responsible for a majority of production in some years in the past, despite there being three other actively producing factories in Fremont, Austin, and Berlin. Tax lawyers in the U.S. It does not benefit the U.S.

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Biden quadruples tariffs on Chinese EVs, up from 25% to 100%

Baua Electric

With no other changes, its price would rise to ~$54k – unless or until Volvo moves production out of China , something BYD has also considered in order to enter the US market. But with these increased tariffs, that makes it less likely that US consumers will gain access to these cheap, high-tech Chinese EVs.

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