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AAM Calls Cheap Chinese EVs Built In Mexico “An Extinction Level Event”

CleanTechnica EVs

Cars built by Chinese companies like BYD in Mexico could have a devastating effect on American manufacturers, according to AAM. The post AAM Calls Cheap Chinese EVs Built In Mexico “An Extinction Level Event” appeared first on CleanTechnica.

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Mexico Won't Offer EV Incentives to Chinese Automakers

The Truth About Cars

Chinese automakers are expanding into Mexico, with companies like BYD opening dealerships across the country. Automotive News reported that the country would not offer tax incentives or land discounts to Chinese automakers. They also want to take action to protect American EVs from cheap or subsidized Chinese models.

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Auto Industry Begs U.S. To Block 'Cheap' Chinese EV Imports From Mexico

InsideEVs

Plus: what's next in the EV race from Jeep, and how Rivian can cross "the valley of death."

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

The Truth About Cars

However, the threat of China flooding the market with cheap electric models is too frightening to ignore. Chinese vehicles already have a steep import tariff, and lawmakers have floated a popular plan to bump it to 125 percent. Mexico-Canada free trade agreement. Image: Ford] Become a& TTAC insider.

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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. Even despite ongoing political concerns, its entry into North America is considered an eventuality, and other Chinese automakers likely won’t be far behind. While BYD isn’t planning to enter the U.S. auto sector,” the organization writes.

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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. China last year overtook Japan as the world’s biggest car exporter ­– but most of those were ICE vehicles sold to Russia.

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Saudis Expand Price War Downstream

Green Car Congress

The crude is so cheap it’s pretty much free for them, the margins are going to be massive. On the other hand, it won’t be easy for Saudi Arabia—Chinese refiners are also producing more gasoline, for which demand is still strong. Indian refiners are now buying more crude oil from Nigeria, Iraq, Venezuela and Mexico.