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 in late June. In essence, the EU's allegations of China's "overcapacity" in EVs and concerns about "supply chain security" are just excuses to prevent China from participating in normal international trade and undermine the development of China's EVs. Industry insiders believe that the EU's investigation seeks to prevent Chinese EV companies from investing and expanding in Europe and to diminish the competitiveness of emerging Chinese industries, so as to protect local traditional industries. Visionary voices from Europe's political, business, and academic circles have urged that, instead of keeping Chinese EVs out, the EU should collaborate with China to leverage technological and supply chain advantages to enhance Europe's industrial landscape, meet emission reduction commitments, cater to consumers and achieve mutual benefits.

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History of this topic

Not the time to spin wheels
5 days, 16 hours ago

Not the time to spin wheels

China Daily  

WANG XIAOYING/CHINA DAILY Since the European Commission launched the anti-subsidy investigation into China's electric vehicles in October 2023, how to properly promote the orderly and healthy development of the China-EU EV industry, and how to resolve the potential escalation of trade frictions have been a priority for the two sides. According to the China Automobile Association, in 2023, China's new …

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 automakers pivot to hybrids for Europe to counter EV tariffs
2 weeks, 5 days ago

China automakers pivot to hybrids for Europe to counter EV tariffs

Live Mint  

* China hybrid exports to Europe to grow 20% this yr, analyst says * Chinese automakers challenge European and Japanese dominance * Cheaper and more fuel-efficient models to enter the market SHANGHAI, - Automakers in China are ramping up exports of hybrid vehicles to Europe and planning more models for the key market, exposing the limits of the European Union's …

China-EU solution to tariff war coming soon
Top News
4 weeks, 1 day 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
4 weeks, 1 day 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, 2 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 …

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 …

German Automakers Embolden Against Chinese Competition
2 months ago

German Automakers Embolden Against Chinese Competition

China Daily  

German carmakers are being encouraged by the German Chancellor to face competition from China in the electric vehicle market. German Chancellor Olaf Scholz called on German automakers not to be afraid of competition from Chinese rivals, and encouraged them to join hands with local Chinese technology companies to develop new models tailored for tech-savvy Chinese consumers.

Crackdown on petrol cars will trigger ‘massive shrinking of industry’, warns BMW chief
2 months, 1 week ago

Crackdown on petrol cars will trigger ‘massive shrinking of industry’, warns BMW chief

The Telegraph  

A European crackdown on petrol cars will trigger a “massive shrinking” of the Continent’s vast automotive industry, the boss of BMW has claimed. Speaking at the Paris Automotive Show, Oliver Zipse warned that new rules leading to a ban on combustion engine vehicles by 2035 would put Europe’s carmakers at a disadvantage compared to their Chinese rivals. But on Tuesday, …

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 …

Chinese carmakers sell fewest EVs in Europe since February 2023
2 months, 3 weeks ago

Chinese carmakers sell fewest EVs in Europe since February 2023

Hindustan Times  

Chinese manufacturers sold the fewest electric cars in 18 months to customers across Europe, with registrations falling by nearly half in August from a year earlier. MG, the British nameplate that’s now part of SAIC Motor Corp., lost its top spot across Europe to Chinese rival BYD Co., according to Jato Dynamics, which also tracks the automotive market. Uncertainty tied …

The wheels have come off Britain’s car industry – here’s how to get it back on the road
3 months, 2 weeks ago

The wheels have come off Britain’s car industry – here’s how to get it back on the road

The Independent  

Ask anyone involved in the British motor industry or the car trade what their biggest challenges have been over the past few years and for most, three words will immediately come to mind: Brexit. As Nowak points out, the “reset” could “ease pressures on supply chains, which is really important in sectors like automotive and aerospace … Because nobody builds …

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 …

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 …

Dairy imports from EU face probe
4 months ago

Dairy imports from EU face probe

China Daily  

China's decision to launch an anti-subsidy probe into certain dairy products imported from the European Union fully aligns with domestic laws and World Trade Organization rules, said a commerce official on Thursday. In a statement released by the Brussels-based China Chamber of Commerce to the EU earlier this week, the chamber said that the development of the European EV industry, …

Dairy imports from EU face probe
4 months ago

Dairy imports from EU face probe

China Daily  

China's decision to launch an anti-subsidy probe into certain dairy products imported from the European Union fully aligns with domestic laws and World Trade Organization rules, said a commerce official on Thursday. In a statement released by the Brussels-based China Chamber of Commerce to the EU earlier this week, the chamber said that the development of the European EV industry, …

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 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 …

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 …

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 …

Euro 2024 adverts trigger surge in interest for Chinese electric cars
5 months, 1 week ago

Euro 2024 adverts trigger surge in interest for Chinese electric cars

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. Online vehicle marketplace Auto Trader said it has recorded …

Report faults tariffs on EVs from China
5 months, 2 weeks ago

Report faults tariffs on EVs from China

China Daily  

Workers operate at a production line of the new energy vehicle AVATR at a workshop of Chang'an Auto in Jiangbei district, Southwest China's Chongqing Municipality, July 20, 2023. China is "the only large auto market that has reached the point of consumer-led takeoff for EV sales", according to Bloomberg's recent Electric Vehicle Outlook. But it said Europe, the US, India …

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, 2 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, 2 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 …

Tariffs expose multiple loopholes in EU rules
5 months, 3 weeks ago

Tariffs expose multiple loopholes in EU rules

China Daily  

People visit the 2024 Beijing International Automotive Exhibition in April. BEIJING — The European Commission's investigation into Chinese electric vehicles has exposed multiple loopholes in rules, business organizations and experts said. Serious flaws "There were serious flaws in the investigation process," said the China Chamber of Commerce for Import and Export of Machinery and Electronic Products, an industry group representing …

EU, China head towards a ‘trade war’ over import tariff on electric vehicles
5 months, 4 weeks ago

EU, China head towards a ‘trade war’ over import tariff on electric vehicles

The Hindu  

The European Commission released this month its new tariff rates for battery-operated electric vehicles imported from China, which is being perceived as the start of a potential trade war between the European Union and China. The current EU tariffs on EVs have to be seen in that context,” said Mr. Campbell, noting that Brussels is naturally concerned about Chinese EV …

German car manufacturers under pressure
5 months, 4 weeks ago

German car manufacturers under pressure

China Daily  

LI MIN/CHINA DAILY There is still time for the EU and China to avoid new tariffs and agree on local content requirements that serve all In mid-June, after months of investigation, the European Commission announced potential import tariffs on battery electric vehicles from China in the range of 17 to 38 percent, differentiated by manufacturer. However, when we look at …

German car manufacturers under pressure
5 months, 4 weeks ago

German car manufacturers under pressure

China Daily  

LI MIN/CHINA DAILY There is still time for the EU and China to avoid new tariffs and agree on local content requirements that serve all In mid-June, after months of investigation, the European Commission announced potential import tariffs on battery electric vehicles from China in the range of 17 to 38 percent, differentiated by manufacturer. However, when we look at …

Why world should fret over tariffs on Chinese EVs
6 months ago

Why world should fret over tariffs on Chinese EVs

China Daily  

BYD vehicles bound for Brazil await shipment in Lianyungang, Jiangsu province. Although Chinese-brand EVs account for just a small share of the EU's EV imports, the European Commission on June 12 unveiled provisional tariffs ranging from 17.4 percent to 38.1 percent for Chinese EV makers despite widespread market concerns and China's objections. The National Development and Reform Commission, China's top …

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 …

SAIC Motor to hold onto European market despite new tariffs: senior management
6 months ago

SAIC Motor to hold onto European market despite new tariffs: senior management

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. BRUSSELS -- Leading Chinese car maker SAIC Motor Europe will honor its commitment to European consumers despite the European Union's recent decision to raise temporary tariffs on Chinese electric vehicles, the company's vice president Yuan …

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