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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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Roskill: refined lithium supply expected to treble to 900kt by 2027, driven by use in batteries

Green Car Congress

Automotive applications were the largest market for Li-ion batteries in 2017, with Chinese sales of plug-in electric vehicles (PEV) increasing by around 20% y-o-y. This placed strain on the battery supply chain which is likely to continue, with Roskill estimating that Chinese PEV sales could reach around one million units in 2021.

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Adamas Intelligence: record 286.2 GWh deployed onto roads in passenger EV batteries in 2021; up 113% y-o-y

Green Car Congress

GWh of passenger EV battery capacity was deployed onto roads globally in 2021—a 113% increase over 2020—as battery-electric vehicle (BEV) and plug-in hybrid electric vehicle (PHEV) sales surged year-over-year, according to Adamas Intelligence. In 2021, the average plug-in EV (i.e., plug-in EVs and LG Energy Solution 1.2

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BYD’s home city in China now has more supercharging plugs than gas pumps

Baua Electric

Photo: Shenzhen Government Online Shenzhen, the home of Chinese EV giant BYD, says it’s become the first in China to have more supercharging plugs than gas pumps. The post BYD’s home city in China now has more supercharging plugs than gas pumps appeared first on Bauaelectric Auto News. Get started here. –

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Chinese language automakers to take hold of majority percentage of home gross sales for first week, forecast says

Baua Electric

China’s marketplace for what it screams “new energy vehicles” (NEVs), together with plug-in hybrids and natural electrics, has benefited from the an identical of $57 billion in subsidies from the federal government all over 2016 to 2022, the consultancy mentioned. That will give Chinese language manufacturers 30 p.c

Chinese 52
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BMW Group enters long-term €2B supply contract with Northvolt for battery cells from Europe

Green Car Congress

The BMW Group has signed a long-term supply contract worth €2 billion for battery cells with the Swedish company Northvolt. The BMW Group will also source cells manufactured in Europe from the Chinese manufacturer CATL from the plant currently under construction in Erfurt, Germany.

BMW 239
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Big Auto is begging governments to let them go bankrupt as Chinese EVs loom

Baua Electric

Chinese EVs will grow, whether you like it or not China is actually a little late to the EV party. Chinese EV sales have started taking off overseas , particularly in Europe. They contend that the Chinese government unfairly subsidizes its auto sector, making prices uncompetitively low. Namely: China.

Chinese 52