Remove Cheap Remove Chinese Remove Global
article thumbnail

Chinese EVs hit with EU probe after massive surge of cheap electric vehicle imports

Electrek

The European Union launched an investigation over Chinese EV subsidies as the global markets are “now flooded with cheaper electric cars.” European Commission President Ursula von der Leyen revealed the probe Wednesday, claiming Chinese EV makers benefit from state subsidies.

Cheap 101
article thumbnail

Chevy Bolt cheap? This Chinese knockoff is a third the price, readying for export

Electrek

As BYD expects to pass Tesla in Global EV sales this year by expanding its markets with significantly lower-priced vehicles, will we start seeing these hyper-cheap products outside of BYD’s home market of China? more… The post Chevy Bolt cheap?

Cheap 106
article thumbnail

Biden administration considers penalties for Chinese EV companies in Mexico

Teslarati

The Biden Administration is considering penalties for Chinese electric vehicle (EV) automakers who are moving production to Mexico. On May 14, 2024, the Biden Administration released new tariffs on Chinese EV imports and other sectors to protect American workers and businesses in the United States. According to U.S.

Mexico 86
article thumbnail

The Wild World Of Chinese Mini EVs

CleanTechnica EVs

I love electric vehicles, but they’re sure not cheap. Understandably, this keeps many people with low incomes out of the EV game, and it keeps many people globally (who […]. For many people, a clean used EV is all that they can afford, and that usually costs almost as much as the cheapest new gas-powered cars.

Chinese 139
article thumbnail

MAN propane-fueled ME-LGIP to power Chinese VLGC

Green Car Congress

Jiangnan Shipyard, owned by China State Shipbuilding Corp (CSSC), has ordered an LPG (liquefied propane gas)-burning MAN B&W 6G60ME-LGIP engine in connection with the building of an 86,000-m 3 VLGC (Very Large Gas Carrier) for Tianjin Southwest Maritime (TSM), the Chinese shipping company.

Chinese 317
article thumbnail

Global solar growth is on track for another record-breaking year

Baua Electric

Photo: CGTN Global solar installations are set to beat most industry forecasts, with 593 gigawatts (GW) expected to be added by the end of 2024, according to a new report by energy think tank Ember. Countries need to plan for a solar-powered future to make the most of the cheap power this technology can provide.” Get started here.

Solar 52
article thumbnail

Tesla maintains an Outperform rating by Wedbush as Q1 2024 ends

Teslarati

Economist says cheap Chinese EVs should be kept out of U.S. due to security risk Wedbush acknowledged the price competition with the Chinese auto market but predicts aggressive price reductions will start to die down by spring or summer 2024. The Chinese electric vehicle market has been steadily increasing.

Tesla 133