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EV Biz
EV sales are exceeding expectations in China, yet faltering in the US and Europe
Battery electric vehicles in China are projected to exceed 50% of total sales by 2030, two years early.US and Europe face EV sales plateau due to affordability, infrastructure issues, and economic uncertainty, despite optimistic...
EV Biz
Volvo reportedly moving more EV production from China to Belgium, ahead of potential EU tariffs
Ahead of possible tariffs imposed on Chinese-made EVs imported into the European Union, Volvo has begun shifting production of some of its EVs made within China to Belgium.With a current EU tariff on China-imported...
EV Biz
U.S. Government raises tariffs on China’s electric vehicles to 100%
U.S. Government raises tariffs on Chinese electric vehicles from 25% to 100% to protect domestic production.Biden administration targets China's market dominance and subsidies, citing national security concerns.EU investigates Chinese electric car dumping, considering tariffs...
EV Biz
Tesla is on the verge of introducing self-driving technology in China with Baidu partnership
Tesla gains tentative approval for self-driving software in ChinaCollaboration with Baidu addresses regulatory concerns, allows use of Full Self Driving (FSD) solutionAgreement signifies strategic partnership, grants access to mapping technology for data collectionTesla partners...
EV Biz
EVs become default choice in China, achieving 50% of car sales
The latest sales report from China’s Passenger Car Association shows that for the first half of April, 260,000 of the 516,000 passenger cars sold were “New Energy Vehicles”, or EVs - approximately 50.39%.NEV is...
EV Biz
Could Honda’s new EV brand in China spell trouble for BYD?
Honda's new EV brand 'Ye' could challenge the dominance of local players like BYD, unveiling a lineup of electric SUVs and a sleek GT model.With a 10% sales drop in China last year, Honda...
