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Here’s how the new EU tariffs will impact Chinese EV makers like BYD and NIO

Baua Electric

How will the new EU tariffs impact Chinese EV makers like BYD and NIO? The EU launched an investigation into Chinese EV subsidies in October as imports climbed. The comments came as Chinese EV makers, like BYD, launched new models aimed at the region. Why is the EU imposing new duties on China EV imports? Geely: 20% SAIC: 38.1%

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Stellantis, Leapmotor officially launch joint venture to sell Chinese EVs in Europe this fall

Baua Electric

The new JV, named “Leapmotor International,” will expand to sell Chinese EVs in Europe this fall, with additional markets to follow. billion stake in Chinese OEM Leapmotor. Today’s event is merely a confirmation of a launch we’ve been expecting for quite some time. We now have our answer. Source: Leapmotor International Leapmotor Intl.

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China EV day-to-day: CAAM revises honest marketplace layout constancy, Voyah Zhuiguang PHEV debut, BYD ATTO 3 tops EV gross sales in Thailand and Israel

Baua Electric

. — Pacific Auto [BYD] On July 8, BYD’s reliable Weibo submit mentioned lately that, consistent with Autoliofethailand information, BYD ATTO 3 used to be the top-selling electrical car in Thailand within the first part of 2023.

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How do Chinese language EV makers roll out unutilized merchandise so temporarily?

Baua Electric

Certainly one of our readers despatched me an e-mail asking how it’s imaginable that some 2-year-old Chinese language firms have already got 3 unutilized EVs at the street (Zeekr) or {that a} unutilized maker can create 7 unutilized fashions and seven facelifts in 5 years (Nio). million vehicles by way of 2025, and many others.

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