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

EV Central

Encouraging both to work together is the influx of cheap Chinese EVs that have flooded European markets eroding established European brand’s market share in all segments. An entry EV will also help prepare for the next wave of bargain-priced EVs that are already on sale in China.

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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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Report: Ford's EV Skunkworks Team to Create Three Affordable Electric Models

The Truth About Cars

Ford is also expected to build an EV for ridesharing services, and Bloomberg reported that Ford has fewer than 100 people working on the project. Despite its losses, Ford is still pushing to earn the number one EV sales spot, which Tesla currently holds. All automakers in the U.S.

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Race to break the $30K barrier: Volkswagen will launch ID.1 budget-buy in 2027

EV Central

The iD1 is designed to help the German brand fight off the invasion of cheap Chinese imports such as the MG2 and rival European cars like the incoming Renault Twingo and the Dacia Spring EV that’s already on sale. READ MORE: Baby Volkswagen ID.2-based

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Xiaomi CEO admits Tesla has unique advantage over EV competitors

Teslarati

Xiaomi’s SU7 is priced high compared to many other EVs in the Chinese market. While other companies are able to offer cheap and affordable EVs, new companies are placed in a strange spot as they risk being undercut and outsold by established names on the block.

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

Baua Electric

BYD Atto 3 (Source: BYD) Europe and the US say that Chinese EV development is running wild and unchecked and on the verge of overwhelming the global market with, well, EVs the rest of the world can’t compete with. million fully battery-electric vehicles last year, overtaking Telsa in overall BEV sales.

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BYD’s home city in China now has more supercharging plugs than gas pumps

Baua Electric

Photo: Shenzhen Government Online Shenzhen, the home of Chinese EV giant BYD, says it’s become the first in China to have more supercharging plugs than gas pumps. So all those cheap EVs need to be fast-charged, and what better place to expand than BYD’s home city?

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