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Why the massive influx of Chinese EVs will end in tears | Opinion

EV Central

READ MORE: Omoda and Jaecoo the latest new Chinese brands to take on BYD and GWM READ MORE: IM Motors locked in for Australian arrival as MG’s luxury arm READ MORE: Hating on Chinese EVs? The Zeekr 009 is on sale in Australia. It’s fabulous, but will anyone buy a $135,000 Chinese MPV? Bloody hell.

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Chevy Bolt cheap? This Chinese knockoff is a third the price, readying for export

Electrek

As BYD expects to pass Tesla in Global EV sales this year by expanding its markets with significantly lower-priced vehicles, will we start seeing these hyper-cheap products outside of BYD’s home market of China? more… The post Chevy Bolt cheap?

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CRU: Lithium prices plunging as hype meets reality; impact of new supply, disappointing BEV sales

Green Car Congress

Weaker-than-expected demand in China is partly responsible, but the main driver has been the ongoing avalanche of new supply into the market, as plentiful cheap spodumene meets ample conversional capacity in China, the CRU analysts said. Chinese EV sales through to July totalled 696,000 this year, an impressive 41.5%

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BYD Says Inflation Reduction Act Keeping Out Cheap EVs — Does That Make Sense?

CleanTechnica EVs

Chinese electric vehicle giant BYD thinks the USA’s Inflation Reduction Act is preventing the sale of cheap electric cars in the United States. Does this make sense? We asked BYD’s CEO whether or not the company would bring its popular electric vehicles (EVs) to the US a couple of times in the past decade.

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Cheap talk: Volkswagen to bed Renault in race to build sub-$30k EV | reports

EV Central

Encouraging both to work together is the influx of cheap Chinese EVs that have flooded European markets eroding established European brand’s market share in all segments. An entry EV will also help prepare for the next wave of bargain-priced EVs that are already on sale in China.

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Mexico Won't Offer EV Incentives to Chinese Automakers

The Truth About Cars

Chinese automakers are expanding into Mexico, with companies like BYD opening dealerships across the country. Automotive News reported that the country would not offer tax incentives or land discounts to Chinese automakers. Mexico is no stranger to Chinese auto companies, as there are around 20 already selling vehicles in the country.

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China’s EV market hits its stride with 1-in-3 sales being electrified

Teslarati

Chinese electric vehicle sales have hit 31 percent of the overall market, with 25 percent being pure EVs, a substantial growth year-over-year. According to a report by CleanTechnica , sales of electrified vehicles in May hit 31 percent of the overall market with 25 percent being fully electric vehicles.

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