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Visiting Chinese trade official warns EU on greentech probe – ET Auto

Baua Electric

He cited the EU’s investigations into Chinese electric cars, solar panels and wind turbines as examples. Wang Wentao is traveling through Europe for discussions about the European Commission’s investigation into whether China’s electric vehicle industry has benefited from unfair subsidies.

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Automakers win extension on use of Chinese graphite in EV tax credits – ET Auto

Baua Electric

1 restricting Chinese content in batteries eligible for EV tax credits of up to USD 7,500, which sharply cut the number of eligible vehicles. New rules took effect on Jan. Automakers have since made changes to supply chains and won restored eligibility for many vehicles.

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US, EU eye Chinese legacy chips in renewed semiconductor accord – ET Auto

Baua Electric

“And we know there’s a massive subsidisation of that industry on behalf of the Chinese government which could lead to huge market distortion. And so that’s why we’re focused on it,” she said.

Chinese 52
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Industrial material prices fall sharply on concerns about Chinese slowdown – ET Auto

Baua Electric

Prices for industrial materials such as ferrous and nonferrous metals are plummeting, with steel marking a five-year low as concerns grow about a slowing Chinese economy and a resulting supply glut, reported Nikkei Asia. The increase in inexpensive Chinese steel could hurt steelmakers in other countries. per cent on the year.

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Renault talks to China’s Li Auto and Xiaomi on tech collaboration – ET Auto

Baua Electric

“Our CEO Luca de Meo engaged in pivotal conversations with industry leaders, including our partners Geely and Dongfeng, key suppliers but also the new players like the founders of Li Auto and Xiaomi Technology,” Renault’s procurement and partnerships chief Francois Provost said in a post on LinkedIn.

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Hyundai, Kia join China’s Baidu to develop connected cars – ET Auto

Baua Electric

The South Korean companies will seek to find new business models harnessing artificial intelligence technologies with the Chinese counterpart as well. The South Korean companies will seek to find new business models harnessing artificial intelligence technologies with the Chinese counterpart as well, they added.

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China backing Elon Musk on full self-driving revs up Tesla shares – ET Auto

Baua Electric

Musk arrived in the Chinese capital on an unannounced visit on Sunday, intending to discuss the rollout of its Full Self-Driving (FSD) software and the data-transfer permissions, said a source. Musk’s meetings included one with Chinese Premier Li Qiang , who praised Tesla’s development in China.

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