China to challenge Biden’s electric vehicle plans at the WTO
8 months, 4 weeks ago

China to challenge Biden’s electric vehicle plans at the WTO

Associated Press  

BEIJING — China filed a World Trade Organization complaint against the U.S. on Tuesday over what it says are discriminatory requirements for electric vehicle subsidies. But under a new U.S. rule that took effect Jan. 1, electric car buyers are not eligible for tax credits of $3,750 to $7,500 if critical minerals or other battery components were made by Chinese, Russian, North Korean or Iranian companies. It said the U.S. move excluded Chinese products, distorted fair competition and disrupted the global supply chain for new energy vehicles. China is the dominant player in batteries for electric vehicles and has a rapidly expanding auto industry that could challenge the world’s established carmakers as it goes global.

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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, …

China-EU solution to tariff war coming soon
Top News
1 month ago

China-EU solution to tariff war coming soon

China Daily  

By Wang Keju | chinadaily.com.cn | Updated: 2024-11-25 17:45 Hundreds of vehicles manufactured by Chery line up at a port of Wuhu, Anhui province, awaiting export. The prospect of nearing an alternative solution by China and the European Union to the bloc's imposition of extra tariffs on Chinese-made battery electric vehicles would provide a much-needed buffer to avoid the escalation …

China-EU solution to tariff war coming soon
Top News
1 month ago

China-EU solution to tariff war coming soon

China Daily  

Hundreds of vehicles manufactured by Chery line up at a port of Wuhu, Anhui province, awaiting export. The prospect of nearing an alternative solution by China and the European Union to the bloc's imposition of extra tariffs on Chinese-made battery electric vehicles would provide a much-needed buffer to avoid the escalation of trade tensions between the two economic powerhouses, analysts …

Optimistic signals from China on trade talks with the EU
1 month ago

Optimistic signals from China on trade talks with the EU

NL Times  

China and the European Union have reached "technical agreement" on a number of points in their talks on reducing or reversing import duties imposed by the EU on electric vehicles produced in China. In response, the EU has increased import duties on electric cars from China, sometimes by up to ten percent. China and the EU held talks on the …

China appeals to WTO over EU's final ruling of countervailing measures on Chinese EVs: commerce ministry
1 month, 3 weeks ago

China appeals to WTO over EU's final ruling of countervailing measures on Chinese EVs: commerce ministry

China Daily  

BEIJING -- China on Monday appealed to the World Trade Organization against the EU's final ruling of countervailing measures on Chinese electric vehicles, according to China's commerce ministry. China firmly opposes the final measures of the EU to impose high countervailing duties on Chinese-made EVs, despite a barrage of objections raised by relevant parties, including the governments of EU member …

MOC: Beijing has always supported positive ties between China, Europe car industries
1 month, 3 weeks ago

MOC: Beijing has always supported positive ties between China, Europe car industries

China Daily  

A SAIC model is driven into a cargo ship headed to Europe. China has consistently supported and encouraged mutually beneficial economic and trade cooperation between the Chinese and European automotive industries, said the Ministry of Commerce on Thursday. Speaking at a weekly briefing in Beijing, He Yadong, the spokesman for the ministry, stressed that China has continuously maintained an open …

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 …

What to know about Europe's tariffs on Chinese electric vehicles
1 month, 3 weeks ago

What to know about Europe's tariffs on Chinese electric vehicles

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. The European Commission, 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 …

US Government Says Relying on Chinese Lithium Batteries Is Too Risky
2 months ago

US Government Says Relying on Chinese Lithium Batteries Is Too Risky

Wired  

Analysts at the US Department of Homeland Security shared an internal report to local agencies in August, warning them about the economic risks of using Chinese utility storage batteries. The document, first obtained by national security transparency nonprofit Property of the People and seen by WIRED, accuses Chinese companies of “using People’s Republic of China state support to quickly and …

Shift toward EVs, particularly in China, could disrupt global oil market, energy report says
2 months, 1 week ago

Shift toward EVs, particularly in China, could disrupt global oil market, energy report says

The Independent  

The latest headlines from our reporters across the US sent straight to your inbox each weekday Your briefing on the latest headlines from across the US 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 {{ /verifyErrors …

Why your Chinese electric car could be spying on you
2 months, 3 weeks ago

Why your Chinese electric car could be spying on you

The Telegraph  

The car was 12 miles away – but the hackers may as well have been inside it. But when disclosed eight years ago, it was seen as a worrying sign: that as cars became increasingly technologically sophisticated, with critical functions controlled by centralised computer systems, they also became more vulnerable. Last week the Biden administration raised the alarm about the …

Chinese, European EV professionals call for cooperation, oppose trade protectionism
2 months, 3 weeks ago

Chinese, European EV professionals call for cooperation, oppose trade protectionism

China Daily  

An employee works at an auto production line in Wuhan, Central China's Hubei province. HAIKOU - Both Chinese and European electric vehicle makers and experts are calling for global cooperation and opposing trade protectionism at the ongoing 2024 World New Energy Vehicle Congress. The automobile industry is an industry of global cooperation, and Geely always adheres to free trade and …

Chinese, European EV professionals call for cooperation, oppose trade protectionism
2 months, 3 weeks ago

Chinese, European EV professionals call for cooperation, oppose trade protectionism

China Daily  

An employee works at an auto production line in Wuhan, Central China's Hubei province. HAIKOU - Both Chinese and European electric vehicle makers and experts are calling for global cooperation and opposing trade protectionism at the ongoing 2024 World New Energy Vehicle Congress. The automobile industry is an industry of global cooperation, and Geely always adheres to free trade and …

Washington driving force for restrictions for which US consumers will foot the bill: China Daily editorial
3 months ago

Washington driving force for restrictions for which US consumers will foot the bill: China Daily editorial

China Daily  

In a major escalation of the United States' ongoing crackdown on the Chinese new energy vehicle industry, the US Commerce Department is reportedly planning to propose a ban on all Chinese software and hardware being used in any autonomous vehicle on the roads in the US on the pretext of addressing "national security" concerns. Yet rather than trying to leverage …

Cooperation between China, Europe called key for future of electric vehicle industry
3 months ago

Cooperation between China, Europe called key for future of electric vehicle industry

China Daily  

Workers operate at a production line of SAIC-GM-Wuling in Liuzhou, Guangxi Zhuang autonomous region, in May. China has vowed to continue negotiations until the very last moment in response to the European Union's anti-subsidy probe into battery electric vehicles produced in China, Minister of Commerce Wang Wentao said on Wednesday. The future success of the automotive industry in both China …

Cooperation between China, Europe called key for future of electric vehicle industry
3 months ago

Cooperation between China, Europe called key for future of electric vehicle industry

China Daily  

Workers operate at a production line of SAIC-GM-Wuling in Liuzhou, Guangxi Zhuang autonomous region, in May. China has vowed to continue negotiations until the very last moment in response to the European Union's anti-subsidy probe into battery electric vehicles produced in China, Minister of Commerce Wang Wentao said on Wednesday. The future success of the automotive industry in both China …

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 …

Why Britain is standing aside as the West battles cheap Chinese electric cars
3 months, 1 week ago

Why Britain is standing aside as the West battles cheap Chinese electric cars

The Telegraph  

Within weeks, nearly all of Britain’s closest allies will have hit Chinese electric vehicles with crippling trade tariffs. The decision has prompted warnings that the UK has made itself a prime target for “dumping” by manufacturers, as cut-throat competition at home drives Chinese brands to seek more profitable sales abroad. According to Whitehall and industry sources, the answer boils down …

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 …

Volkswagen electric car brand would be ‘wiped out’ by EU tariffs
3 months, 3 weeks ago

Volkswagen electric car brand would be ‘wiped out’ by EU tariffs

The Telegraph  

An electric vehicle brand owned by Volkswagen would be “wiped out” by proposed European Union tariffs aimed at China, according to a top executive at the car giant. Models in Volkswagen’s Cupra brand are designed in Spain but include cars made in China, which would face tariffs of 21.3pc under proposals from the European Commission. Raising the price of the …

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 …

China accuses Canada of protectionism over 100% tariffs on electric vehicles
3 months, 3 weeks ago

China accuses Canada of protectionism over 100% tariffs on electric vehicles

Associated Press  

BEIJING — China on Tuesday accused Canada of protectionism after Prime Minister Justin Trudeau’s government imposed a 100% tariff on imports of Chinese-made electric vehicles, matching U.S. duties on Chinese EVs. AP AUDIO: China accuses Canada of protectionism over 100% tariffs on electric vehicles AP correspondent Haya Panjwani reports China accuses Canada of protectionism over 100% tariffs on electric vehicles. …

Canada imposes a 100% tariff on imports of Chinese-made electric vehicles, matching the US
3 months, 4 weeks ago

Canada imposes a 100% tariff on imports of Chinese-made electric vehicles, matching the US

Associated Press  

TORONTO — Canada announced Monday it is launching a 100% tariff on imports of Chinese-made electric vehicles, matching U.S. tariffs imposed over what Western governments say are China’s subsidies that give its industry an unfair advantage. U.S. President Joe Biden in May slapped major new tariffs on Chinese electric vehicles, advanced batteries, solar cells, steel, aluminum and medical equipment. “Unless …

Canada follows US, imposes 100% tariff on EVs imported from China
3 months, 4 weeks ago

Canada follows US, imposes 100% tariff on EVs imported from China

Al Jazeera  

Ottawa to work with allies to ensure customers around the world are not unfairly penalised by nonmarket practices of countries such as China, PM Trudeau says. Canada, following the lead of the United States, says it will impose a 100 percent tariff on Chinese electric vehicle imports and also announces a 25 percent tariff on imported steel and aluminum from …

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's SAIC Motor opposes 'artificially setting up trade barriers'
4 months ago

China's SAIC Motor opposes 'artificially setting up trade barriers'

China Daily  

A poster for an MG-4 EV, a brand of Chinese state-owned carmaker SAIC, is displayed at a car showroom in Santander, Spain, June 13, 2024. BEIJING - SAIC Motor, a major Chinese carmaker, said it will take further legal action to defend its rights and interests if necessary as the European Commission will make the final ruling regarding tariffs on …

China's SAIC Motor opposes 'artificially setting up trade barriers'
4 months ago

China's SAIC Motor opposes 'artificially setting up trade barriers'

China Daily  

A poster for an MG-4 EV, a brand of Chinese state-owned carmaker SAIC, is displayed at a car showroom in Santander, Spain, June 13, 2024. BEIJING - SAIC Motor, a major Chinese carmaker, said it will take further legal action to defend its rights and interests if necessary as the European Commission will make the final ruling regarding tariffs on …

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 vehicles: Overcapacity or advanced capacity?
4 months, 1 week ago

Chinese electric vehicles: Overcapacity or advanced capacity?

China Daily  

People visit the exhibition booth of BYD at an auto show in Xi'an, Northwest China's Shaanxi province, May 1, 2024. China, on the other hand, asserts that its EV industry represents advanced capacity that helps combat climate change and promote global green transition, and accuses Washington of undermining fair and free trade and competition. In the 1980s, Japan's semiconductor industry …

Chinese electric vehicles: Overcapacity or advanced capacity?
4 months, 1 week ago

Chinese electric vehicles: Overcapacity or advanced capacity?

China Daily  

People visit the exhibition booth of BYD at an auto show in Xi'an, Northwest China's Shaanxi province, May 1, 2024. China, on the other hand, asserts that its EV industry represents advanced capacity that helps combat climate change and promote global green transition, and accuses Washington of undermining fair and free trade and competition. In the 1980s, Japan's semiconductor industry …

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 …

Expert calls for fairer, more just intl trade environment
4 months, 1 week ago

Expert calls for fairer, more just intl trade environment

China Daily  

China is proactively expanding imports, encouraging outward investment and broadening institutional opening-up to counter "unfounded" protectionist trading policies and promote win-win globalization, said a renowned economist and policy researcher. While China will continue improving its business environment, Jiang said it is inappropriate to excessively blame China's investment climate alone for the decline in foreign direct investment inflow, which is partially …

Expert calls for fairer, more just intl trade environment
4 months, 1 week ago

Expert calls for fairer, more just intl trade environment

China Daily  

China is proactively expanding imports, encouraging outward investment and broadening institutional opening-up to counter "unfounded" protectionist trading policies and promote win-win globalization, said a renowned economist and policy researcher. While China will continue improving its business environment, Jiang said it is inappropriate to excessively blame China's investment climate alone for the decline in foreign direct investment inflow, which is partially …

Expert calls for fairer, more just intl trade environment
4 months, 1 week ago

Expert calls for fairer, more just intl trade environment

China Daily  

China is proactively expanding imports, encouraging outward investment and broadening institutional opening-up to counter "unfounded" protectionist trading policies and promote win-win globalization, said a renowned economist and policy researcher. While China will continue improving its business environment, Jiang said it is inappropriate to excessively blame China's investment climate alone for the decline in foreign direct investment inflow, which is partially …

Why new energy 'overcapacity' claims are false
4 months, 1 week ago

Why new energy 'overcapacity' claims are false

China Daily  

CAI MENG/CHINA DAILY Some Western nations have been touting the so-called "overcapacity "problem of China in recent years, alleging that China's "excess capacity" in the new energy sector has disrupted and threatened the international market. The term overcapacity refers to a scenario in which production capacity of an industry exceeds market demand and expected levels, indicating a disequilibrium in the …

Why new energy 'overcapacity' claims are false
4 months, 1 week ago

Why new energy 'overcapacity' claims are false

China Daily  

CAI MENG/CHINA DAILY Some Western nations have been touting the so-called "overcapacity "problem of China in recent years, alleging that China's "excess capacity" in the new energy sector has disrupted and threatened the international market. The term overcapacity refers to a scenario in which production capacity of an industry exceeds market demand and expected levels, indicating a disequilibrium in the …

China approaches WTO over EU tariffs on electric vehicles
4 months, 2 weeks ago

China approaches WTO over EU tariffs on electric vehicles

China Daily  

Vehicles for export are parked at a port in Lianyungang, Jiangsu province, in October 2023. China took recourse to the dispute settlement mechanism of the World Trade Organization on Friday in response to the European Union's temporary anti-subsidy measures on Chinese-made batter electric vehicles, the Ministry of Commerce said. The EU's preliminary ruling lacks factual and legal basis, violates WTO …

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

Tariff hike fears drive Chinese EV sales

China Daily  

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 of the European EV market in June. In early July, the EU announced …

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 …

US urged to correct trade bullying practices
5 months, 1 week ago

US urged to correct trade bullying practices

China Daily  

Vehicles run through a tunnel in Ji'nan, East China's Shandong province. A Chinese industry body urged the United States to correct its unilateralism and trade bullying practices targeting China's new energy vehicles and refrain from discriminatory subsidy policies, on Tuesday. These policies aim to limit the market access and growth of Chinese NEV manufacturers, favoring US players instead, said the …

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 …

Canada weighs trade crackdown on China over unfair practices & security concerns
5 months, 1 week ago

Canada weighs trade crackdown on China over unfair practices & security concerns

Firstpost  

The government faces domestic pressure to protect local jobs and wages in the auto industry, while also promising subsidies to attract global automakers to set up electric-vehicle battery production in Ontario. Canadian Finance Minister Chrystia Freeland will meet with business and labour groups next week to discuss potential trade barriers against Chinese-made vehicles and to explore broader trade practices beyond …

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