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Europe may slap retroactive tariffs on Chinese EVs

Baua Electric

After months of investigation, the European Commission says it has found evidence that China has been “unfairly” subsidizing the EVs it exports to Europe. Possible “remedies” on the table include retroactive tariffs on Chinese EVs. But now Europe may enforce its own tariffs. BYD alone sold 1.6 million overall BEV sales.

Chinese 52
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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.

Cheap 109
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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. The current political climate between the United States and China discourages Chinese battery suppliers like CATL from distributing their oversupply of batteries to the US.

Recharge 141
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EU’s anti-subsidy EV probe prompts retaliation from China

Teslarati

The European Commission’s anti-subsidy probe into electric vehicle (EV) imports from China prompted a retaliation from the Chinese government. The Chinese government launched a trade probe into luxury liquor producers from Europe. The volume of Chinese EVs at the event caught the eye of the European Commission.

China 113
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Volkswagen sues car dealer for importing ID.6 EV to Germany

Teslarati

6 EV is produced in China by the FAW-VW joint venture and is meant to be sold exclusively in the Chinese car market. The Chinese vehicle registration states that the vehicles Brudny purchased were intended for export and technically adapted to meet the Federal Motor Transport Authority’s requirements. Brudny bought 22 ID.6

Dealers 107
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The $10,000 BYD Seagull EV is scaring the U.S. auto industry

Teslarati

Although competitive Chinese automaker BYD isn’t yet slated to enter the U.S. market, the company’s recent release of a city EV with a price tag under $10,000 has some worried for when it and other low-cost companies do. While BYD isn’t planning to enter the U.S. auto sector,” the organization writes.

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Comment on BYD catches up with Tesla in global BEV market share in Q3 by Midori Mayari

CN EV Post

And I'm not talking about US and Europe; rather, I'm talking about Latin America, Africa, the rest of Asia apart from China, Japan, and South Korea, and so on. And let's not forget that BYD's "invasion" of the foreign markets is just beginning. More so when Tesla uses BYD batteries outside the US.

BYD 98