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BYD Seagull EV could help the Chinese automaker dominate Europe

Teslarati

The BYD Seagull electric vehicle might help the Chinese automaker dominate Europe. Earlier this month, BYD Europe announced its intention to triple its European market by 2025. The Chinese automaker aims to beat big automakers in Europe, including Stellantis, Volkswagen, and Tesla. The $10,000 BYD Seagull EV is scaring the U.S.

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Under US pressure, Mexico refuses to offer incentives for Chinese EV makers – Charged EVs

Baua Electric

After decades of trumpeting “free trade,” and watching industry after industry decamp to China, the US government has apparently decided to draw a red line in front of the auto industry, and protectionism is back in style. US automakers are currently protected from Chinese competition by a 27.5%

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Biden quadruples tariffs on Chinese EVs, up from 25% to 100%

Baua Electric

The US government has announced wider tariffs on several categories of Chinese goods, including various green products like solar panels and batteries, medical goods, and in particular an increase of tariffs on Chinese EVs from 25% to 100%. and Canadian customers as well as for export to European markets.

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Big Auto is begging governments to let them go bankrupt as Chinese EVs loom

Baua Electric

Automakers are fiercely lobbying governments to water down already-compromised emissions rules, but doing so will only lead to their doom as market entrants that are serious about EVs will continue ramping them anyway. The auto industry is electrifying, and all new cars will be electric in the relatively near future.

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Three perspectives on China’s EV industry (spoiler alert: legacy brands are toast) – Charged EVs

Baua Electric

Jeremiads lamenting China’s takeover of the global auto industry are everywhere these days. Each reaches basically the same conclusion: the global non-Chinese automakers will never be able to catch up unless they radically change their corporate mindsets. Three recent accounts stand out from the pack.

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Ipsos Auto Global Study: interest in battery electric vehicles growing in the US

Green Car Congress

However, the study reveals there has been an increase in interest in the US and Chinese markets. The auto industry has seen this need to improve familiarity in the past, with some advanced driver assist features such as ACC and even autonomous driving. Source: Ipsos.

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Volvo Cars Tech Fund invests in electric car charging company FreeWire

Green Car Congress

Volvo Cars has acquired a stake in mobile EV rapid charging company FreeWire Technologies ( earlier post ) via the Volvo Cars Tech Fund. FreeWire is a San Francisco-based company that has been a pioneer in flexible fast-charging technology for electric cars. Freewire products currently offer Level 2 charging at 7.5

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