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Is this low-cost Chinese electric surfboard too good to be true?

Electrek

But one common thread that has run through nearly all e-boards so far is the astronomically high price they carry. Well, at least until today’s find: a cheap Chinese electric surfboard that has earned it the dubious honor of becoming this week’s Awesomely Weird Alibaba Electric Vehicle of the Week.

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LG Energy Solution discusses battery production with Chinese suppliers for the EU

Teslarati

LG Energy Solution is engaged in talks with three China-based material suppliers to produce low-cost electric vehicle (EV) batteries for the European market. LGES’ talks with Chinese material suppliers come after the EU Commission started imposing extra tariffs of up to 38% on imported EVs made in China. “We

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Ford low-cost EV platform to compete with Tesla being designed by “skunkworks team:” CEO

Teslarati

In a recent earnings call, Ford CEO Jim Farley revealed that over the past two years, a specialized EV team from the automaker has been developing a new, modular electric vehicle platform focused on cost reduction. Amidst this change, Ford will be stepping up with its Gen 2 electric vehicles. It was a startup.

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Renault and VW may partner on low-cost BEV minicar

Baua Electric

Last week, news hit that Volkswagen, Renault, and Stellantis were weighing possibly joining together to make cheaper electric vehicles – fearing it’s their only option. Renault is eyeing 2026 for the launch of the full-electric minicar Twingo , with a target price below €20,000. I have production capacity.

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Ford is building a low-cost EV platform with some of the ‘best EV engineers’ to rival Tesla

Baua Electric

Ford (F) assembled a “super-talented skunk works team” to build a low-cost EV platform. It will be used to launch several new software-defined electric models. Ford’s leader said on the company’s earnings call that the company made a bet in silence two years ago to develop a low-cost EV platform. billion last year.

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BYD, Chinese EV makers account for +40% of German EV imports ahead of new tariffs

Baua Electric

Chinese EV makers, including BYD , accounted for over 40% of German EV imports through April 2024. Despite Chinese electric vehicle imports slipping 15.7% According to data released by the German statistics office Tuesday (via Reuters ), German EV imports from Chinese automakers like BYD reached 31,500 through April 2024.

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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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