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Europe may slap retroactive tariffs on Chinese EVs

Baua Electric

After months of investigation, the European Commission says it has found evidence that China has been “unfairly” subsidizing the EVs it exports to Europe. Possible “remedies” on the table include retroactive tariffs on Chinese EVs. BYD alone sold 1.6 million fully battery-electric vehicles last year, coming close to Tesla’s 1.8

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Which EV manufacturers performed the best in 2024 so far?

Baua Electric

Many Chinese vehicle makers recorded impressive growth between January and June. BYD is also China’s largest OEM by production and sales volumes, despite only offering BEV and PHEV models. It sold roughly 161,000 vehicles outside China, and only some 17,000 in Western and Central Europe. The Cupra brand is not sold in China.

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Here’s how China’s BYD is working on its image problem

Baua Electric

But as the EV giant makes inroads outside of China, it is looking to change that, the old-school way, dealer by dealer. European consumers have no inkling of Chinese brands,” Daniel Kirchert, the head of e-mobility consultancy Noyo and former BMW executive, told Automotive News Europe.

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Wildcat Discovery Technologies is building a US plant for LFP cathode and next-gen battery materials

Charged EVs

Mark Gresser: Over the last few years, cell makers in North America have been looking for accessible, long-term alternatives to China-based cathode active material production. LFP is becoming the fastest-growing cathode material in the world, and it’s made almost exclusively in China today.

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Wildcat Discovery Technologies is building a US plant for LFP cathode and next-gen battery materials – Charged EVs

Baua Electric

Mark Gresser: Over the last few years, cell makers in North America have been looking for accessible, long-term alternatives to China-based cathode active material production. LFP is becoming the fastest-growing cathode material in the world, and it’s made almost exclusively in China today.

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BYD nears huge Mexico EV plant deal with 50,000 sales in sight this year

Baua Electric

After already becoming an EV leader in overseas markets like Thailand, Israel, and Australia, BYD is rapidly expanding its presence in South America. Chinese vehicles accounted for 40% of the total, as imports surged 450% from Q1 2023. China’s GWM was second with 5,735, while Toyota took third with 5,049.

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As Electric Car Makers Ante Up Billions, Software Is Ace in the Hole

Cars That Think

Of course, all this money does not include the other untold billions being directed to the 400 plus start-ups in China, or the billions being invested by global auto suppliers like Bosch , Denso or ZF Friedrichshafen. 4 is already considered passé, at least for many potential EV customers in China.