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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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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. billion to grow its EV business and undercut the competition with aggressively low pricing. Get started here. – ad* FTC: We use income earning auto affiliate links.

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EVs reach 90% market share in Norway as the overall auto market falters – Charged EVs

Baua Electric

In the month of February, plug-in vehicles took 92.1% The trade group OFV (Norwegian Road Federation) ascribes the ailing auto market to weakness in the broader economy—interest rates are up, and so are prices for food and electricity. However, CleanTechnica identifies another possible culprit: stubbornly high prices for EVs.

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Battle for ‘tech luxury’ in China as EVs get smarter – and cheaper – ET Auto

Baua Electric

But other Chinese automakers, including state-run companies that were later entrants to the EV race, have closed the gap on sub-USD 10,000 EVs at the Beijing auto show that began Thursday. Last year, BYD shocked the automotive industry with the release of its Seagull EV, now priced under USD 10,000, at the Shanghai auto show.

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BYD’s luxury brand unveils its first sedan, the sleek U7, with over 1,000 horsepower

Baua Electric

But it won’t be cheap. Including plug-in hybrids, or “new energy vehicles,” as BYD calls them, the company sold over 3 million vehicles. According to a report from Chinese research firm CarFans , the electric SUV scored over 8,000 orders in its first three days on the market. BYD sold nearly 1.6

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Volvo XC40 Recharge and Polestar 2: EV cousins offer different takes on “premium”

Charged EVs

You might not know it to look at them, but these two cars—one Swedish, one Chinese—share underpinnings and a parent company. Volvo and its Chinese parent Geely are very serious about selling cars that plug in. Until now, it’s had no plug-in option. liter 4-cylinder engine and optional all-wheel drive. Volvo’s first EV.

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EV Guru: Sodium-Ion Batteries are Coming Sooner Than You think!

Plug In India

The aim is to build batteries at a large scale to reduce prices. In addition, about 90% of the world’s supply of lithium is controlled by Chinese companies. “Price of lithium has gone to insane levels!” Read the C&EN research here Lithium right now is very expensive and Sodium is quite cheap.

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