The Latest Breaking News from electric vehicle

The European Union has slapped extra provisional duties of up to 38 percent on Chinese electric car imports because of "unfair" state subsidies, despite Beijing's warnings the move would unleash a trade war. But company reps in both China and Europe are critical of the steps.

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The EU has long talked about unfair competition from China. After a nine-month probe, Brussels announced additional tariffs on Chinese electric vehicles, establishing that those cars have benefited heavily from “unfair subsidies”, which pose a threat electric vehicle producers in Europe. Beijing has accused the EU of “naked protectionism” which…

Higher levies on Chinese EV imports to come into force despite carmakers’ fears of retaliation

During the second quarter of 2024, Ford sold in the U.S. almost 24,000 all-electric vehicles—61% more than a year ago. The share of EVs increased to 4.7%.

Volkswagen, Europe’s biggest carmaker, warns extra duties will not strengthen Europe’s auto industry.

Chinese automaker BYD has inaugurated its first electric vehicle plant in Thailand, part of the company's effort to expand into Southeast Asia while also tackling wealthier markets in the U.S. and Europe

China’s electric vehicle (EV) manufacturers are having a moment.

China's electric vehicle giant BYD opened a factory in Thailand on Thursday, continuing its international expansion despite a market slowdown and hours before the European Union was due to impose swingeing tariffs on Chinese EV firms.

The country, which is the region's largest economy and home to the largest nickel reserve in the world, has been seeking to position itself as a key player in the global electric vehicle supply chain.