Baua Electric

JUNE 18, 2024

Chinese EV makers, including BYD , accounted for over 40% of German EV imports through April 2024. China remained the largest EV importer in Germany ahead of the new EU tariffs. Despite Chinese electric vehicle imports slipping 15.7% Other Chinese EV makers, like NIO, will get an extra 21% tariff on European EV imports.

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Baua Electric

JUNE 14, 2024

It has been a long saga leading up to this week’s decision by the EU Commission that Chinese EVs have an unfair advantage in European markets following a probe that began last fall. While the probe was taking place behind closed doors, the EU was already threatening tariffs on Chinese imports.

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Baua Electric

APRIL 23, 2024

European automakers face a trifecta of challenges: soft demand due to higher borrowing costs that discourage car purchases, fierce competition from Chinese rivals, and higher input costs squeezing their margins. The company’s sales suffered in the first quarter ended Dec.

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EV Central

JULY 18, 2024

When Smart returns to Australia this September, the brand’s Smart #1 and Smart #3 vehicles will be priced below both the BMW iX1 and Volvo EX30 with which it has much in common. The Chinese-made Smart #1 small SUV will be priced from $54,900 plus on-roads, while the slightly larger and sleeker Smart #3 starts from $57,900 (plus ORCs).

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Baua Electric

MARCH 6, 2024

Possible “remedies” on the table include retroactive tariffs on Chinese EVs. Back in October 2023, Europe launched its formal investigation into the Chinese EV industry, as European companies are struggling to compete with the cheap, high-tech Chinese imports, made by low-cost labor, entering the European Union.

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Baua Electric

AUGUST 6, 2024

By: HT Auto Desk | Updated on: 06 Aug 2024, 18:31 PM The latest-generation BMW X3 made its global debut in June this year, the new LWB version has been built to cater to the demand in China with the market being largely chauffeur driven. While the new X3 LWB is specifically for China at the moment, should India be next?

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Baua Electric

JANUARY 17, 2024

The partnership comes as the European auto industry readies for a “battery passport” that will trace the content and carbon footprint of EV cells sold in Europe. Circulor CEO Douglas Johnson-Poensgen said the company was currently talking to companies up and down the EV battery cell supply chain.

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Baua Electric

MARCH 22, 2024

The heads of BMW, Volkswagen, and Renault have spoken out against European Union’s emission targets in recent days, arguing that the phase-out rules put too much pressure on the industry and that consumers aren’t buying EVs fast enough. Photo: BMW If you’re an electric vehicle owner, charge up your car at home with rooftop solar panels.

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Baua Electric

MARCH 31, 2024

Chinese-made cars drive growth In Europe, sale of cars made in China saw the highest levels of year-on-year growth in February 2024 (+45%) and in January-February 2024 (+43%). Munoz added: “Chinese brands still have a long way to go before they occupy a significant part of the European market.

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Baua Electric

SEPTEMBER 25, 2024

Chinese EV automaker Leapmotor is teasing its latest SUV model and the first to arrive on its new “B Platform” architecture. The company posted initial images of its B10 compact SUV before the new EV model makes its debut at the Paris Auto Show alongside joint venture partner Stellantis. Zhejiang Leapmotor Technology Co.,

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Baua Electric

JULY 10, 2024

He admitted that while the auto industry might be the hardest to succeed, the nascent EV industry is even more difficult. But he is personally “excited about doing great work in this industry and bringing new innovative EVs to the world”. Chinese Dominance In 2023, over 8 million electric cars were sold in China.

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Teslarati

AUGUST 31, 2022

This is partly the reason why Tesla and local EV makers such as BYD are finding success in China’s electric car segment, even as veteran automakers like BMW and Volkswagen see challenges in their efforts to saturate the domestic EV market. . But a new toy like electric cars does not necessarily need a storied history,” Zhang said.

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Teslarati

MAY 22, 2024

China’s tariffs on foreign cars follow President Biden’s increased tariffs on Chinese electric vehicles (EVs) entering the United States. Last week, The White House launched new tariffs on Chinese imports, including over 100% tariff rates on EVs from China.

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Teslarati

JULY 4, 2023

Weekly sales figures for the domestic Chinese market are not disclosed by Tesla, but the trend in carmakers’ sales in the country can be inferred from data on new vehicle insurance registrations. As per Li Auto’s estimates , Tesla China appears to have seen 17,400 insurance registrations in the week ending July 2.

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Baua Electric

JANUARY 15, 2024

France’s Blue Solutions is already selling solid state batteries for buses with a charging time of four hours, but is developing a new product for cars that uses a polymer electrolyte and ultra-thin lithium metal anode, aiming to have a charging time of less than 20 minutes and enabling a range increase of about 30% to nearly 1,000 km.

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Baua Electric

APRIL 8, 2024

More bad news for the ubiquitous anti-EV trolls: the million-mile EV battery is in sight. Chinese battery supplier CATL and bus maker Yutong have partnered to launch an EV battery that’s warranted to last 1.5 The new battery pack is designed to power commercial EVs such as buses and trucks.

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The Truth About Cars

MARCH 28, 2024

Every year, different groups of auto journalists and industry professionals come together to choose a “best of” list to recognize vehicles in various categories. They recently revealed their 2024 picks at the New York auto show, and it’s clear that legacy auto brands are facing increasingly tough competition.

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Baua Electric

JULY 30, 2024

The documents (via Automotive News ) reveal that BYD has reached out to inquire about “the establishment of a new business, and the application of tariffs on EVs.” The new filings come as Canada weighs possible tariffs on Chinese EV imports. FTC: We use income earning auto affiliate links.

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Baua Electric

MAY 17, 2024

Until recently, Tesla has focused on efforts to secure approval from Chinese regulators to transfer data generated by its EVs in China out of the country for its “Full Self Driving” ( FSD ) system, according to the two people and an additional person with knowledge of the matter. Tesla did not respond to a request for comment.

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Baua Electric

MAY 30, 2023

On Would possibly 30, Li Auto disclosed the weekly gross sales figures derived from insurance coverage registration information for day quantity 21 of 2023 (Would possibly 22 – 28). However, Li Auto has now taken over and independently discharged the information, offering rounded figures solely for NEV startups and top rate manufacturers.

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Baua Electric

JUNE 13, 2024

After the EU announced new tariffs on Chinese EV imports, BYD is subject to an additional 17.4% After finding that Chinese EVs benefit from “unfair subsidization,” the EU pre-disclosed additional tariffs that it plans to impose on automakers this week. An increasingly competitive Chinese market has led to aggressive price cuts.

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Baua Electric

AUGUST 1, 2024

Mitsubishi’s CEO Takao Kato explained, “Collaboration with partners is essential in today’s auto industry,” with EVs and other tech rapidly developing. The Nissan, Honda, and Mitsubishi partnership comes as Tesla and Chinese EV makers like BYD continue expanding in key global markets, including Japan, taking market share.

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Green Car Reports

AUGUST 30, 2017

Today, the electric Mini concept breaks cover, Chinese electric-car sales surge, used batteries offer fast charging, and why boring suits Tesla. BMW revealed renderings of the Mini Electric Concept that will debut at the Frankfurt auto show in two weeks. All this and more on Green Car Reports.

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Baua Electric

JULY 17, 2024

This announcement echoes news by Jaguar shared last March that it is working to abandon all ICE vehicle production ahead of a fresh start as an ultra-luxe BEV brand. Magna Steyr currently assembles the G-Class SUV for Mercedes-Benz, the BMW Z4 roadster, and the Toyota Supra. FTC: We use income earning auto affiliate links.

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Teslarati

JANUARY 11, 2023

Completing China’s rankings for its premium SUV segment are the Audi Q5, which sold a total of 145,778 units, and the BMW X3, which posted sales of 140,991 for 2022. The Li Auto Li ONE took its spot as China’s fifth-best-selling premium SUV, though its sales were notably lower at just 78,791 units. .

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Teslarati

DECEMBER 12, 2022

Geely, a Chinese auto group, is reportedly pursuing an initial public offering in the United States for its new luxury EV brand, Zeekr. Zeekr was established in 2021 alongside its 001 crossover vehicle at the Shanghai Auto Show, but very little is known about the brand or its first vehicle(s).

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Baua Electric

JULY 4, 2023

The Chinese language spouse of Volkswagen and Basic Motors, which didn’t give additional main points at the plant plans, mentioned it had bought 530,000 gadgets in another country within the first quarter, an building up of 40 p.c The state-owned Chinese language automaker estimated its in another country gross sales may just exceed 1.2

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Baua Electric

FEBRUARY 1, 2024

While European automakers have been shifting over to direct sales à la Tesla, China’s BYD, for Build Your Dreams, along with Chinese peers Xpend and Great Wall Motor are looking to dealers to build sales and provide networks to help their brands build solid reputations and trust among Europeans. Last year, the company sold 1.6

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CN EV Post

MARCH 9, 2023

The China Passenger Car Association (CPCA) announced on March 9 the top selling models and car companies in China in February, presenting a panoramic view of the Chinese auto industry. 10 BMW 5 Series 25,737 35,444 -27.4% 4 BMW 5 Series 9,609 9,352 2.7% 5 BMW 3 Series 8,868 10,185 -12.9% 8 NIO 12,157 6,131 98.3%

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Baua Electric

JULY 16, 2024

A year and a half later, the Chinese automaker is already making a big statement as it cuts into Japan’s hard-to-crack auto market. As always, luxury automakers like Mercedes, BMW, and Audi held the biggest share of imports. 14 on Japan’s auto importer list. Toyota alone accounts for over a third of car sales.

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CN EV Post

MARCH 29, 2023

Price war has been the most talked about topic in China's auto industry this month, and the imminent implementation of a new emissions standard is seen as a major factor. Subsequently, several brands, including Volkswagen and BMW , announced similar large discounts.

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Baua Electric

JULY 17, 2024

In the US, Genesis had the second-highest EV share of total brand sales in Q2, behind Cadillac and BMW. Chinese EV makers, like BYD, are already launching all-electric luxury cars. Source: Top Gear FTC: We use income earning auto affiliate links. According to Kelley Blue Book Data, Genesis sales rose 36% in the second quarter.

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Baua Electric

MARCH 28, 2024

Chinese EV automaker XPeng Motors is making good on its vow to enter new European markets this year, beginning with Germany. That 2022 market entry was part of multiple retail agreements in new markets in addition to Norway and the NL, including Sweden and Denmark. FTC: We use income earning auto affiliate links.

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Baua Electric

FEBRUARY 7, 2024

After launching just last year, BYD is already making its presence known as Japan lags behind the auto industry’s shift to electric. BYD accounts for one-fifth of Japan’s EV imports According to new data from the Japan Automobile Importers Association (JAIA) released Wednesday, Japan’s total EV imports reached 1,186. Starting at ¥3.63

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CN EV Post

APRIL 12, 2023

The China Passenger Car Association (CPCA) announced on April 11 the top selling models and car companies in China in March, presenting a panoramic view of the Chinese auto industry. 10 BMW Brilliance 58,320 42,623 36.8% 8 BMW Brilliance 164,429 168,707 -2.5% 7 Li Auto 20,823 11,034 88.7% 8 NIO 10,378 9,985 3.9%

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Baua Electric

JUNE 27, 2023

Lear is focused on extra trade with Chinese language, Eastern and Korean automakers and plans to put together 30 % of Chinese language automaker BYD’s seats throughout the nearest few years. assured about seating trade expansion appeared first on Bauaelectric Auto News. Stocks in Lear rose 1.32 % to $140.61

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CN EV Post

MARCH 10, 2023

(Image credit: Shenlan) Shenlan, Changan Automobile's new energy vehicle (NEV) brand, is offering consumers tens of thousands of yuan in incentives to purchase vehicles as the auto price war in China continues. The offer includes an RMB 22,000 cash subsidy and up to RMB 20,000 in option benefits.

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