EU's probe into Chinese EVs 'not necessary', says BMW chairman
7 months, 3 weeks ago

EU's probe into Chinese EVs 'not necessary', says BMW chairman

China Daily  

Oliver Zipse, BMW's chairman of the board of management, unveils a Neue Klasse model at the Beijing auto show on April 25, 2024. The EU's investigation into the Chinese EV sector "is not necessary", said Oliver Zipse, BMW's chairman of the board of management. The EU said the European market is flooded with electric vehicles from China, claiming that their advantage is because of government subsidies and threatening raising tariffs on Chinese EVs. "The new investment underlines not only our confidence in China's long-term economic prospects but also in the innovation capabilities of our Chinese partners," said Zipse.

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History of this topic

Europe’s Big Battery Ambitions Are Failing, and China Is Benefiting
2 weeks ago

Europe’s Big Battery Ambitions Are Failing, and China Is Benefiting

Live Mint  

Europe’s bid to build a homegrown battery industry to break China’s dominance in electric vehicles is failing. “The failure to establish domestic battery manufacturing capabilities threatens the very existence of the automotive industry in Europe,” said Andy Palmer, former chief executive officer of Aston Martin Global Lagonda Holdings Plc. By the time Europe’s automakers went all in on electric cars, …

BMW looks to deepen cooperation, innovation
Trending News
1 month, 2 weeks ago

BMW looks to deepen cooperation, innovation

China Daily  

A BMW M5 is seen at the BMW booth at the 7th China International Import Expo. BMW said it is looking to strengthen cooperation and innovation with China's leading technology players to develop products tailored to meet the needs of Chinese consumers. Sean Green, president and CEO of BMW Group Region China, said: "Regardless of drivetrain, BMW will continue to …

BMW looks to deepen cooperation, innovation
1 month, 2 weeks ago

BMW looks to deepen cooperation, innovation

China Daily  

chinadaily.com.cn | Updated: 2024-11-06 09:05 A BMW M5 is seen at the BMW booth at the 7th China International Import Expo. BMW said it is looking to strengthen cooperation and innovation with China's leading technology players to develop products tailored to meet the needs of Chinese consumers. Sean Green, president and CEO of BMW Group Region China, said: "Regardless of …

EU tariffs on Chinese EVs serving no one's interest
1 month, 3 weeks ago

EU tariffs on Chinese EVs serving no one's interest

China Daily  

People visit the pavilion of Chinese carmaker BYD at the 2024 Paris Motor Show during the media day in Paris, France, Oct 14, 2024. Despite strong opposition from several member states, the European Commission has finalized its decision to levy tariffs on Chinese-made electric vehicles, which is a misguided trade protectionist measure hurting many but benefiting no one. The EU's …

EU Imposes 45.3% Tariffs on Chinese EVs, Sparking Trade War with China
1 month, 3 weeks ago

EU Imposes 45.3% Tariffs on Chinese EVs, Sparking Trade War with China

Firstpost  

The European Union (EU) has imposed tariffs of up to 45.3 per cent on Chinese-built electric vehicles to counter alleged subsidies. The new rates will take effect the following day and will apply to Chinese brands' share of the EU market, which is estimated to be 8 per cent from below 1 per cent in 2019. The EU's stance towards …

The EU will impose duties on electric vehicle imports from China from Thursday
1 month, 3 weeks ago

The EU will impose duties on electric vehicle imports from China from Thursday

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Please try again later {{ …

‘Made in China’ Vies for Europe’s Luxury Car Market
1 month, 3 weeks ago

‘Made in China’ Vies for Europe’s Luxury Car Market

Bloomberg  

Welcome to the Brussels Edition, Bloomberg’s daily briefing on what matters most in the heart of the European Union. With the latest digital tricks, leather dashboards and champagne coolers — but sometimes at half the price — Chinese automakers are seriously threatening European manufacturers in the luxury-car segment. Just listen to Ford CEO Jim Farley rave about the Xiaomi SU7 …

Paris Motor Show opens during a brewing EV trade war between the EU and China
2 months, 1 week ago

Paris Motor Show opens during a brewing EV trade war between the EU and China

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Chinese manufacturers are attending in …

German economics minister urges political solution to EV tariffs with China
3 months ago

German economics minister urges political solution to EV tariffs with China

China Daily  

German Economics Minister Robert Habeck BERLIN - Germany's Economics Minister Robert Habeck has called for the European Union and China to reach a political solution to the issue of tariffs on electric vehicles. Emphasizing China's significance to the German and European economies, Habeck said fair competition conditions must be guaranteed and Germany welcomes competition with China. A government spokesperson said …

China open to further consultations concerning the EU's anti-subsidy case
3 months, 2 weeks ago

China open to further consultations concerning the EU's anti-subsidy case

China Daily  

Xinhua | Updated: 2024-09-10 20:35 BEIJING -- China's Ministry of Commerce on Tuesday expressed willingness to engage in further consultations with the European Union concerning the anti-subsidy case involving Chinese electric vehicles. The EV case is complex and has a wide impact, and there are certain challenges facing the quest for China and the EU to reach an agreement through …

China open to further consultations concerning the EU's anti-subsidy case
3 months, 2 weeks ago

China open to further consultations concerning the EU's anti-subsidy case

China Daily  

BEIJING -- China's Ministry of Commerce on Tuesday expressed willingness to engage in further consultations with the European Union concerning the anti-subsidy case involving Chinese electric vehicles. The EV case is complex and has a wide impact, and there are certain challenges facing the quest for China and the EU to reach an agreement through consultation, the spokesperson noted, adding …

Practical Sino-German cooperation boon for both
3 months, 3 weeks ago

Practical Sino-German cooperation boon for both

China Daily  

Employees of BMW Brilliance Automotive work on the production line in Shenyang, Liaoning province, in May. CHINA DAILY After the European Commission announced that it would impose high tariffs on Chinese new energy vehicles, German automakers such as BMW, Volkswagen and Mercedes-Benz expressed their opposition. "We don't think that our industry needs protection," BMW CEO Oliver Zipse was reported by …

Automakers pushing back against European Union's plan for tariffs
3 months, 4 weeks ago

Automakers pushing back against European Union's plan for tariffs

China Daily  

The SAIC Anji cargo ship exports vehicles from Yantai Port in Shandong province on May 15. Chinese carmakers and the country's leading auto association have expressed opposition to the EU's latest draft plan on charging extra duties on China-made EVs but said they remain committed to exploring European markets. Geely Holding Group is primarily exporting Lynk & Co and Zeekr …

EU probe into China EV makers 'not transparent'
3 months, 4 weeks ago

EU probe into China EV makers 'not transparent'

China Daily  

Shi Yonghong, vice-president of the China Chamber of Commerce for Import and Export of Machinery and Electronic Products, told China Daily in an exclusive interview that under the new Foreign Subsidies Regulation, the European Union will conduct in-depth investigations into local investments in industries that it suspects of receiving foreign subsidies. The battery electric vehicle companies will be very cautious …

China firmly opposes move on EV tariffs
4 months ago

China firmly opposes move on EV tariffs

China Daily  

The European Union's plan to impose definitive countervailing duties on imports of electric vehicles from China is likely to weaken Chinese investors' confidence in Europe and hinder the growth of the global green industry, said market watchers and industry leaders on Wednesday. The EV tariffs decision was based on facts determined unilaterally by the EU, rather than mutually recognized facts, …

EU lists lower tariff on China-made Teslas as it revises duties
4 months ago

EU lists lower tariff on China-made Teslas as it revises duties

Al Jazeera  

EU changes its punitive duties on imports of Chinese-made EVs, including those made in joint ventures with EU firms. It set a new reduced extra rate of 9 percent for Tesla, lower than the 20.8 percent it had indicated in July, and said some Chinese companies in joint ventures with EU automakers may also receive lower planned punitive duties on …

Chinese electric cars will be dumped in Britain, experts warn
4 months, 1 week ago

Chinese electric cars will be dumped in Britain, experts warn

The Telegraph  

Chinese electric cars will be funnelled towards Britain as manufacturers seek to avoid punishing European Union tariffs, analysis predicts. However, the analysis said Chinese brands see Britain as a particularly attractive market for right-hand drive cars because of tough policies such as the zero emission vehicle mandate, which compels car makers to sell rising proportions of EVs. “The UK is …

Tariff hike fears drive Chinese EV sales
4 months, 3 weeks ago

Tariff hike fears drive Chinese EV sales

China Daily  

By JULIAN SHEA in London | China Daily Global | Updated: 2024-08-01 09:30 BYD's electric models attract visitors at a new energy auto expo in Beijing. The surge in Chinese electric vehicle sales across Europe in June was mainly driven by looming tariff threats, newly released data reveal. According to analytics company Dataforce, Chinese carmakers captured a record 11 percent …

As EV tariff talks continue, China urges pragmatism
5 months ago

As EV tariff talks continue, China urges pragmatism

China Daily  

China-made new energy vehicles await shipment to Europe in Xiamen, Fujian province. JIANG KEHONG/XINHUA BEIJING/BRUSSELS — China has reiterated its stance on reaching a mutually acceptable solution to a trade spat involving Chinese electric vehicles exported to the European Union as talks between the two sides continue. Indispensable EVs There has been growing consensus that the world will require significantly …

As EV tariff talks continue, China urges pragmatism
5 months ago

As EV tariff talks continue, China urges pragmatism

China Daily  

China-made new energy vehicles await shipment to Europe in Xiamen, Fujian province. JIANG KEHONG/XINHUA BEIJING/BRUSSELS — China has reiterated its stance on reaching a mutually acceptable solution to a trade spat involving Chinese electric vehicles exported to the European Union as talks between the two sides continue. Indispensable EVs There has been growing consensus that the world will require significantly …

China's BEV industry asks EU to rectify its probe
5 months ago

China's BEV industry asks EU to rectify its probe

China Daily  

Shi Yonghong, vice-president of the China Chamber of Commerce for Import and Export of Machinery and Electronic Products. China's battery electric vehicle industry has asked the European Commission to correct its mistakes in its investigations into Chinese BEVs, according to an industrial body representing the Chinese BEV makers. Shi Yonghong, vice-president of the China Chamber of Commerce for Import and …

Hongqi to launch two EVs in Europe
5 months, 1 week ago

Hongqi to launch two EVs in Europe

China Daily  

A Hongqi Guoyao SUV is displayed during the Changchun International Auto Expo in Jilin province. Chinese automaker Hongqi will launch two electric vehicle models later this year in Europe, according to Reuters. Hongqi said late last week the EH7 and EHS7 models will hit the market in a number of European countries - including Norway, the Netherlands, Switzerland, Denmark, Iceland …

Countering EU misconceptions about Chinese electric vehicles imperative
5 months, 1 week ago

Countering EU misconceptions about Chinese electric vehicles imperative

China Daily  

The exhibition area of BYD during the Ecar Show 2024 in Lisbon, Portugal, in May. WEN XINNIAN/XINHUA GENEVA — The EU's decision to impose provisional tariffs on electric vehicles imported from China starting July 4 has triggered strong dissatisfaction from both Chinese and European automakers, prompting the two sides to start consultations on the EU's anti-subsidy investigation of Chinese EVs …

China remains key to global auto industry
5 months, 2 weeks ago

China remains key to global auto industry

China Daily  

A new energy vehicle on display during a recent expo in Shanghai. CHINA DAILY Despite the European Union's imposition of provisional import tariffs on Chinese electric vehicles from Friday, China's robust market and manufacturing capabilities remain pivotal for the world's green transition and the strategies of international automakers, analysts and business leaders said. The German Association of the Automotive Industry …

EU imposes tariffs of up to 38% on Chinese electric vehicles
5 months, 3 weeks ago

EU imposes tariffs of up to 38% on Chinese electric vehicles

Al Jazeera  

The European Union has imposed extra duties of up to 37.6 percent on imports of electric vehicles made in China, the bloc announced, despite Beijing’s warnings the move would unleash a trade war. The provisional duties of between 17.4 percent and 37.6 percent, without backdating, are designed to prevent what Commission President Ursula von der Leyen has said is a …

China and EU to expedite consultations on tariffs on Chinese EVs
5 months, 3 weeks ago

China and EU to expedite consultations on tariffs on Chinese EVs

China Daily  

Vehicles from Chinese brands wait to be exported from a port in Suzhou, Jiangsu province. China and the European Union, based on facts and rules, will expedite consultations over the bloc's decision to impose hefty tariffs on Chinese-made battery electric vehicles, to reach a solution that is acceptable to both sides as quickly as possible, the Ministry of Commerce said …

BMW attacks EU tariffs on Chinese electric car imports
5 months, 3 weeks ago

BMW attacks EU tariffs on Chinese electric car imports

The Telegraph  

Unless there is a diplomatic breakthrough with Beijing, the European Commission has said it plans to introduce provisional duties on Chinese electric car imports from Thursday, July 4. The European Commission last month said it was minded to hit China’s electric car brands with extra tariffs of up to 38pc after an investigation concluded the country’s industry had benefited heavily …

EU & China to hold talks over tariffs on electric vehicles
6 months ago

EU & China to hold talks over tariffs on electric vehicles

Firstpost  

The European Union has announced tariffs of up to 38% of Chinese electric vehicles The European Union and China have agreed to hold talks about the tariffs on Chinese electric vehicles. Over such unfair trade practices, the EU earlier this month announced that it’s slapping tariffs of up to 38 per cent on Chinese EVs. The announcement of the consultations …

China ready for dialogue on EVs if EU willing to talk: commerce minister
6 months ago

China ready for dialogue on EVs if EU willing to talk: commerce minister

China Daily  

BEIJING, June 22 -- China stands ready for dialogue and consultations on electric vehicles if the European Union is willing to sit down at the negotiating table with sincerity, Commerce Minister Wang Wentao said Saturday. China hopes that Germany will play a positive role in the EU, prompting the European side to meet China halfway, he told Habeck, who is …

China protests over EU move to hike tariffs on Chinese electric vehicles
6 months ago

China protests over EU move to hike tariffs on Chinese electric vehicles

Associated Press  

BEIJING — China’s Commerce Ministry on Thursday accused the European Union of making unreasonable demands in its investigation into imports of Chinese electric vehicles before announcing it was raising tariffs by as much as 38%. Ministry spokesman He Yadong said the European side had demanded excessive amounts of information from Chinese automakers and then unfairly accused the Chinese companies of …

China targets Europe’s farmers, and not its automakers, in response to EU tariffs on electric cars
6 months ago

China targets Europe’s farmers, and not its automakers, in response to EU tariffs on electric cars

Associated Press  

BEIJING — The Chinese government is taking aim at European farmers instead of German automakers by launching an investigation into European Union pork imports, just days after the EU said it plans to impose provisional tariffs on China-made electric vehicles. Olof Gill, a spokesperson on trade for the European Commission, told journalists in Brussels that EU farm subsidies “are strictly …

German experts criticize EU tariffs on Chinese EVs
6 months, 1 week ago

German experts criticize EU tariffs on Chinese EVs

China Daily  

By XING YI in London | China Daily Global | Updated: 2024-06-18 09:03 A view of Chinese carmaker BYD's assembly line of new energy vehicles in Zhengzhou, Henan province. The European Union's decision to impose additional tariffs on Chinese battery electric vehicles is a protectionist move that could trigger a global trade conflict and slow down Europe's electric mobility transition, …

European and Chinese carmakers slate tariffs
6 months, 1 week ago

European and Chinese carmakers slate tariffs

China Daily  

A ro-ro ship carrying Chery vehicles is set to travel to overseas markets from a port in Wuhu, Anhui province, in May. The move, which Brussels said is to prevent "economic injury to EU battery electric vehicle producers", immediately sparked opposition from European carmakers and trade associations. The European Automobile Manufacturers' Association, which is known as ACEA, said: "Free and …

Are EU-made EVs the solution?
6 months, 1 week ago

Are EU-made EVs the solution?

China Daily  

SONG CHEN/CHINA DAILY On Wednesday, the EU announced additional duties of up to 38.1 percent on imported Chinese electric vehicles from next month. The EU has alleged that the possible government assistance to Chinese automobile makers and exporters, according to the World Trade Organization countervailing treaty, would unfairly afford Chinese automakers and exporters an advantage, causing severe harm to the …

Are EU-made EVs the solution?
6 months, 1 week ago

Are EU-made EVs the solution?

China Daily  

SONG CHEN/CHINA DAILY On Wednesday, the EU announced additional duties of up to 38.1 percent on imported Chinese electric vehicles from next month. The EU has alleged that the possible government assistance to Chinese automobile makers and exporters, according to the World Trade Organization countervailing treaty, would unfairly afford Chinese automakers and exporters an advantage, causing severe harm to the …

For China’s booming EV industry, US and EU markets a tough nut to crack
6 months, 1 week ago

For China’s booming EV industry, US and EU markets a tough nut to crack

Al Jazeera  

Chinese EVs are facing a slew of tariffs in Western markets as policymakers fear local brands cannot compete on price. “Many Chinese EVs are made with excellent materials and have been put together well – they are high-quality cars,” Berner, a mechanical engineer by trade, told Al Jazeera. So far, Beijing has called the EU tariff hikes a “typical case …

EU urged to rectify protectionist practices
6 months, 1 week ago

EU urged to rectify protectionist practices

China Daily  

A view of Chinese carmaker BYD's assembly line of new energy vehicles in Zhengzhou, Henan province. China, in response to the European Union's decision to impose additional tariffs on Chinese-made battery electric vehicles, will take all necessary actions to safeguard the legitimate rights of Chinese companies, the Ministry of Commerce said on Thursday, which has led analysts to say retaliatory …

Cars? Pork? Perfume? China has many options if a trade war breaks out with Europe
6 months, 1 week ago

Cars? Pork? Perfume? China has many options if a trade war breaks out with Europe

Associated Press  

BEIJING — Now that Europe has announced tariffs on China-made electric cars, the continent is bracing to see if the other shoe drops. “It’s a little bit like seeing a slow motion traffic accident unfolding,” Jens Eskelund, the president of the European Chamber of Commerce in China said earlier this year. He called on the EU to “correct its wrong …

Politicized protection hurts cooperation: China Daily editorial
6 months, 1 week ago

Politicized protection hurts cooperation: China Daily editorial

China Daily  

chinadaily.com.cn | Updated: 2024-06-13 19:26 Geely's electric vehicle brand Zeekr showcases its models at the 2024 Beijing International Automotive Exhibition, April 25. Slammed by China's Commerce Ministry as a "naked protectionist act" that creates and escalates trade frictions by "destroying fair competition" in the name of "maintaining fair competition", the European Union is imposing anti-subsidy tariffs of up to 38.1 …

Politicized protection hurts cooperation: China Daily editorial
6 months, 1 week ago

Politicized protection hurts cooperation: China Daily editorial

China Daily  

Geely's electric vehicle brand Zeekr showcases its models at the 2024 Beijing International Automotive Exhibition, April 25. Slammed by China's Commerce Ministry as a "naked protectionist act" that creates and escalates trade frictions by "destroying fair competition" in the name of "maintaining fair competition", the European Union is imposing anti-subsidy tariffs of up to 38.1 percent on electric vehicles shipped …

The brutal truth about the West’s war on Chinese electric cars
6 months, 1 week ago

The brutal truth about the West’s war on Chinese electric cars

The Telegraph  

Which companies will be hit the hardest by the European Union’s crackdown on Chinese electric vehicles? Western manufacturers such as Tesla and BMW – which make cars in China and then ship them to Europe – risk being the biggest losers from the EU’s tough new tariffs crackdown on EV imports. At least, that’s the counter-intuitive conclusion being drawn by …

Europe wants affordable electric vehicles from China. But not at the cost of its own auto industry
6 months, 1 week ago

Europe wants affordable electric vehicles from China. But not at the cost of its own auto industry

Associated Press  

FRANKFURT, Germany — The European Union moved Wednesday to hike tariffs, or import taxes, on electric vehicles made in China. The European Commission, the EU’s executive arm, said the preliminary results of its ongoing investigation into Chinese EV subsidies show that the country’s battery electric vehicle “value chain” benefits from “unfair subsidization” that hurts EU rivals. The commission took aim …

Europe wants affordable electric vehicles from China. But not at the cost of its own auto industry
6 months, 1 week ago

Europe wants affordable electric vehicles from China. But not at the cost of its own auto industry

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. The European Commission, the EU’s executive arm, said the …

The European Union threatens to hike tariffs on Chinese electric car imports, escalating trade spat
6 months, 1 week ago

The European Union threatens to hike tariffs on Chinese electric car imports, escalating trade spat

Deccan Chronicle  

BRUSSELS: The European Union threatened Wednesday to hike tariffs on Chinese electric vehicles, escalating a trade dispute over Beijing's subsidies for the exports that Brussels worries is hurting domestic automakers. The European Commission, the EU's executive arm, said it would impose provisional tariffs that would result in Chinese automakers facing additional duties of as much as 38%, up from the …

The European Union moves to hike tariffs on Chinese electric car imports, escalating trade spat
6 months, 1 week ago

The European Union moves to hike tariffs on Chinese electric car imports, escalating trade spat

Associated Press  

BRUSSELS — The European Union moved Wednesday to hike tariffs on Chinese electric vehicles, escalating a trade dispute over Beijing’s subsidies for the exports that Brussels worries is hurting domestic automakers. The European Commission, the EU’s executive arm, said it would impose provisional tariffs that would result in Chinese automakers facing additional duties of as much as 38%, up from …

EU threatens tariff hike of up to 38% on Chinese electric vehicles
6 months, 1 week ago

EU threatens tariff hike of up to 38% on Chinese electric vehicles

Al Jazeera  

The spat over EVs is part of a wider trade dispute over Chinese state support for green technologies. The European Union will hike tariffs on Chinese electric vehicles on July 4, unless Beijing fail to agree a “solution” to subsidies that the bloc says are distorting its markets. The commission believes Chinese-built EVs are 20 percent cheaper than their European …

EU tariff decision on Chinese EVs denounced
6 months, 1 week ago

EU tariff decision on Chinese EVs denounced

China Daily  

Workers operate at a production line of SAIC-GM-Wuling in Liuzhou, Guangxi Zhuang autonomous region, in May. Furthermore, it is a blatant act of protectionism that will escalate trade friction and undermine fair competition under the guise of "maintaining fair competition", which will not only jeopardize the legitimate rights and interests of China's electric car industry, but also disrupt the global …

European Commission puts brake on green transition
6 months, 1 week ago

European Commission puts brake on green transition

China Daily  

People visit the booth of Chinese carmaker Xpeng during the 2023 International Motor Show, officially known as the IAA MOBILITY 2023, in Munich, Germany, Sept 5, 2023. Despite the strong opposition of the Chinese side, the European Commission is expected to levy provisional duties on made-in-China electric vehicles from July 4, EU officials told Chinese automakers on Monday, without disclosing …

Official: EU antisubsidy probe type of protectionism
6 months, 2 weeks ago

Official: EU antisubsidy probe type of protectionism

China Daily  

A BYD Ocean-M electric car is displayed at the 2024 Auto China in Beijing on April 25, 2024. Restricting open competition in new energy products and technologies will lead to a regression in the European Union's green transition and dampen the confidence of Chinese companies in investing in the EU, said a senior Chinese commerce official in Poland. During his …

EU's protectionist moves compliance with decoupling design of Washington: China Daily editorial
6 months, 3 weeks ago

EU's protectionist moves compliance with decoupling design of Washington: China Daily editorial

China Daily  

Of the top 25 auto brands, all but three are European. It might therefore seem reasonable that European Commission President Ursula von der Leyen should have announced last September the launch of an anti-subsidy investigation into Chinese-made EVs exported to Europe, on the grounds that with the support of state subsidies China has been flooding the continent with its "overcapacity". …

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