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The Latest Breaking News from BYD

China's state media goes into overdrive after Europe's 'misguided' tariffs on EVs: 'Chosen to surrender to protectionism'

Commerce ministry officials also blasted the EU's tariffs as "counter to the spirit of cooperation."

Fortune

Why Are Chinese Electric Cars In EU Crosshairs?

The European Union said this week it would slap additional tariffs of up to 38 percent on Chinese electric cars from next month after an anti-subsidy probe.

International Business Times

How will new EU tariffs on Chinese electric vehicles work?

The tariffs are aimed at countering the alleged state support handed to China’s car manufacturing industry

The Guardian - UK

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EU to slap punitive tariffs on Chinese electric cars, risking trade war

The European Union threatened on Wednesday to hit Chinese electric car imports with additional tariffs of up to 38 percent from next month following an anti-subsidy probe, a move that risks triggering a trade war.

Radio France Internationale

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

The European Union is moving to hike tariffs on electric vehicles made in China

The Independent UK

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

The spat over EVs is part of a wider trade dispute over Chinese state support for green technologies.

Al Jazeera

EU Hikes Tariffs By Up To 38% On Chinese EVs; Tesla Included, But Not This

The European Union is hiking tariffs by up to 38% on Chinese EVs. That includes Tesla and other foreign automakers exporting from China.

Investors Business Daily

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EU To Slap Extra Tariffs Of Up To 38% On Chinese Electric Cars

International Business Times

EU trade war with China escalates with 38% tariffs on Chinese EVs

The EU has escalated its trade war with China after placing prohibitive import tariffs on carmakers including BYD and Geely.

Fortune

Global Plug-In Car Sales Increased 25% In April 2024 To 1.2 Million

1,221,181 new passenger plug-in electric cars were registered globally in April. The market share amounted to roughly 18% (compared to 16% a year ago).

InsideEVs

Zeekr Slashes Losses On 71% Revenue Jump After Tesla's Startup Rival More Than Doubed EV Sales

China's Zeekr trounced earnings and revenue estimates for the first quarter. But the new IPO stock fell.

Investors Business Daily

Tesla Has Kickstarted An Autonomy War In China

Tesla's push to deploy FSD in China has encouraged domestic players to ramp up the development of their own versions of the systems.

InsideEVs

Volvo EX30, EX90 Production Could Divert To Europe Over China Tariffs: Report

Company insiders said that Volvo would divert production of EX30 and EX90 to Belgium as Europe is expected to announce tariffs on Chinese EVs.

InsideEVs

EU expected to impose import tariffs on Chinese electric vehicles

Experts believe Beijing will retaliate with measures that could hit European exports from cheese to cognac

The Guardian - UK

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news in one place.

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InsideEVs

This Is The Most Direct Threat Yet That Elon Musk Could Quit Tesla

Tesla Chair Robyn Denholm wrote an assertive letter urging investors to approve Musk's fat paycheck and move the company's legal domicile to Texas.

International Business Times

BYD Says To Build Second EU Factory Despite EV Slowdown

Chinese electric vehicle giant BYD is still committed to building a second factory in Europe and will roll out hybrid cars as the EV market slows down, a group executive told AFP. Stella Li, vice president for Europe and the Americas, also shrugged off a European Union probe that could…

Inverse

How Ford Could End Up Being America’s Affordable EV King

Ford's CEO, Jim Farley, revealed to Yahoo Finance that the automaker is serious about making affordable EVs for Americans.

Fortune

Porsche and Ferrari sales slump in China as car buyers flock to EVs instead

Several major Chinese car companies saw big sales increases in May.

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news in one place.

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InsideEVs

BYD Reportedly Sold 5,000 Qin L PHEV Sedans In First Three Days

The $13,500 PHEV sedan has been a serious hit in China, and will likely allow BYD to hit its 3.6 million units sold goal for 2024.

T3 Awards 2024: all 'Getting Around' winners announced

Celebrating innovation in transportation, from scooters to electric cars

InsideEVs

Updated 2024 Volkswagen ID.3 Gets Three New Trims, Aims For BYD

VW fights back against cheap Chinese EVs with a new entry-level ID.3 priced just like them.

InsideEVs

BYD Global Plug-In Car Sales Exceeded 330,000 In May 2024

In May, BYD's passenger plug-in car sales amounted to 330,488 units, including over 15,000 EVs from its sub-brands. That's 38% more than a year ago.

Fortune

Ford CEO: It’s ‘undeniable’ that EVs will eventually have to turn a profit, but we’re years away

Ford CEO Jim Farley is betting he can turn billions in losses into profits with the next-generation model rollout.

Investors Business Daily

Dow Jones Futures: Nvidia, AMD Rise As CEOs Tout AI Chip Roadmaps

Futures loom after the stock market showed resilience Friday. Nvidia CEO Huang made a big AI speech Sunday. Tesla EV rivals stepped up sales.

Investors Business Daily

Tesla Rivals In China Grow EV Sales But 'Constant' Price Cuts Seen Eroding Profits

Promotions and incentives amid the price war boosted deliveries but could weigh on profits, experts say.

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