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The EU imposes tariffs of up to 38.1% on Chinese electric vehicle imports

EU imposes tariffs up to 38.1% on Chinese EV imports by July, varying for different manufacturers.The aim is to address concerns over Chinese EV sales surge, dumping practices, and overcapacity.Anticipated repercussions include potential retaliation...

Renault collaborates with Chinese firm to bring sub-€20k Twingo to market

Renault has announced a partnership with an unnamed Chinese firm to develop cheaper electric vehicles.This includes the future all-electric Twingo, which is set to go on sale with a price below the €20,000 (£17,000...

Brazil is embracing EVs, overtaking Belgium as a top importer of Chinese EV models

EV market in Brazil will grow from US$661.3 million in 2024 to US$1,236.0 million by 2028.China exported 40,163 new energy vehicles to Brazil in April 2024, marking a 13-fold year-on-year increase.Chinese automakers, including BYD...

Ferrari warns rivals of Chinese EVs ahead of 2025 electric debut

Ferrari warns EU automakers of incoming Chinese EV competition, calling for action.CEO Benedetto Vigna sees China's EV growth as friendly competition, not a war.Ferrari to launch first electric supercar in 2025, aims for 60%...

Goodbye Routemaster? BYD aims to replace London buses with new electric model

BYD revealed its new all-electric double-decker bus, the BYD BD11, in London this week.Painted in the synonymous London bus red, BYD is setting its sights on the BD11 being the bus of choice in...

Chinese carmakers set sights on production in Turkey to dodge EU tariffs

Chinese automakers eye production in Turkey to avoid EU tariffs.Turkey, a key player in automotive production, accelerates discussions with BYD, Chery, and SAIC.Partnership signifies Turkey's readiness for Europe's electric vehicle transition, boosting its role...