Remove Chinese Remove Europe Remove Low Cost Remove Price
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Europe may slap retroactive tariffs on Chinese EVs

Baua Electric

After months of investigation, the European Commission says it has found evidence that China has been “unfairly” subsidizing the EVs it exports to Europe. Possible “remedies” on the table include retroactive tariffs on Chinese EVs. But now Europe may enforce its own tariffs. BYD alone sold 1.6 million overall BEV sales.

Chinese 52
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Twingo is GO! Cheap $33k Renault Twingo EV is back on with help from a mysterious Chinese player

EV Central

Just days after Volkswagen said it would go it alone and produce its cheap €20,000 ($A32,500) EV without any help, Renault has announced that it has already found a new Chinese partner to help it create its low-cost Renault Twingo. 1, plus at least two entry-level EVs that are being readied by Hyundai and Kia.

Cheap 65
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Renault and VW may partner on low-cost BEV minicar

Baua Electric

The French automaker’s CEO, Luca de Meo, said at the Geneva Motor Show that the company is in “good discussions” with VW, according to a report in Automotive News Europe. The urgency is growing as European automakers are being far outdistanced by BYD and Tesla , the latter of which sells more EVs in Europe than any other brand.

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Comment on China Chamber of Commerce expresses opposition to EU anti-subsidy probe against Chinese EVs by Lawrence

CN EV Post

And now in 2023 "low cost cars" entering Europe. Will high prices on Chinese EVs stymie the influx? The clash was inevitable. 20 years ago, incredibly overpriced luxury cars entering China. The first jig was up in due time, why rush the second.

Chinese 83
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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. Ford is “secretly” developing a low-cost EV platform Following Tuesday’s Q4 and full-year 2023 earnings results, Farley explained that Ford is adjusting its capital while switching gears to focus on smaller EVs. billion last year.

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China’s Chery to set up shop in Europe

Baua Electric

Chinese automaker Chery is planning to make cars in Spain, where the EV market is at just 12%, half that of Portugal and France. This would be Chery’s first manufacturing site in Europe. Given the slow uptake of electric vehicles in Spain, Chery says it plans to make combustion engine, hybrid, and electric vehicles there.

Chery 52
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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. market, the company’s recent release of a city EV with a price tag under $10,000 has some worried for when it and other low-cost companies do. While BYD isn’t planning to enter the U.S. auto sector,” the organization writes.