The Truth About Cars

AUGUST 2, 2023

The company has said its sales volume has skewed so heavily toward SUVs and crossovers that it doesn’t make good sense to offer anything else. The Swedish-Chinese brand had already pulled the S90 from the market earlier this summer. But the company has not committed itself to anything in our market, even if the plan seems obvious.

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Baua Electric

JUNE 13, 2023

“China’s been playing a long game as it relates to the electrification,” mentioned Invoice Russo, founder and well-known govt officer of Shanghai-based advisory company Automobility Restricted. This is a geopolitical battle — it has been going on long before it ever landed into the automotive industry. BYD’s be on one?s

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EV Adoption

AUGUST 23, 2021

And the company recently announced plans to raise $9 billion in a private placement for future expansion. Four of these companies — BYD, NIO, Xpeng, and Li Auto — are publicly traded on US stock exchanges and it is expected that we will see some of them enter the US market in the next few years. NIO ec6 – Source: NIO.

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The Truth About Cars

JUNE 7, 2023

“With the Volvo EX30, we aim to bring premium, fully electric mobility to a much broader audience, helping to advance and speed up the transition to full electrification that our industry and society needs.” But those systems are becoming obligatory in Europe and industry lobbying groups seem interested in adding them.

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Baua Electric

MAY 14, 2024

The US government has announced wider tariffs on several categories of Chinese goods, including various green products like solar panels and batteries, medical goods, and in particular an increase of tariffs on Chinese EVs from 25% to 100%. Most of these tariffs go into effect this year, though some will be imposed next year.

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Baua Electric

AUGUST 8, 2023

Invoice Russo, CEO of advisory company Automobility Restricted, which is based totally in Shanghai, mentioned the Responsibility Problem program deals some way for Chinese language-affiliated automakers to “bridge the moat” of U.S. mentioned the industry program incentivizes corporations to put money into U.S.

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Baua Electric

MARCH 18, 2024

Former President Donald Trump has announced that he would apply a tariff of 100% to cars built in Mexico by Chinese companies for U.S.-market Currently cars imported from China are subject to a 25% tariff, while those from Mexico, made with Chinese parts, would only be subject to a 2.5% automobile industry as a whole.”

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