Remove Chinese Remove Companies Remove Global Remove News
article thumbnail

Ford CEO Said Chinese Automakers Represent An "Existential Threat"

The Truth About Cars

American automakers have largely ignored Chinese vehicles, as they’ve traditionally been viewed as knockoffs of existing models, but that attitude is shifting – hard. Farley’s thoughts are grounded in reality, though Chinese automakers will have a steep hill to climb to sell EVs in the United States.

Chinese 105
article thumbnail

Biden administration considers penalties for Chinese EV companies in Mexico

Teslarati

The Biden Administration is considering penalties for Chinese electric vehicle (EV) automakers who are moving production to Mexico. On May 14, 2024, the Biden Administration released new tariffs on Chinese EV imports and other sectors to protect American workers and businesses in the United States. According to U.S.

Mexico 121
article thumbnail

Ford turns to India for expansion in global exports

Teslarati

is turning to India to expand its exporting business globally. In a recent LinkedIn post , Ford’s President of International Markets Group Kay Hart shared that the company has submitted a Letter of Intent (LOI) to the Government of Tamil Nadu in India. “The Currently, the company has a workforce of 12,000. Ford Motor Co.

India 118
article thumbnail

TikTok Could Sway Young People Toward Chinese EV Brands

The Truth About Cars

While American politicians love to harp about TikTok’s Chinese owners and the national security issues that could bring, it may also be true that they worry that the platform is influencing an entire generation with quick hits of liberal political thought and economic theory. and 58 percent of them said they’d seen Chinese EVs on the app.

Chinese 105
article thumbnail

Polestar announced new CEO as it prepares for global expansion

Teslarati

Polestar recently announced that Michael Lohscheller will assume the role of CEO in the company. The company’s CEO since inception Thomas Ingenlath has resigned. I am honored to join Polestar at such an exciting time in the Company’s history. Polestar has big goals ahead for global expansion.

Global 121
article thumbnail

Chinese electric truck maker SANY partners with Alltrucks to conquer Europe

Baua Electric

Chinese heavy equipment manufacturer SANY has signed a strategic Agreement with European brand Alltrucks to fuel its expansion into the European market. With this Agreement, the well-known brand Alltrucks will take on responsibility for the maintenance, diagnosis, and repair of the Chinese SANY eTruck vehicles in the EU.

Chinese 52
article thumbnail

Stellantis CEO on the threat of Chinese EV plants in Italy

Teslarati

Stellantis NV CEO Carlos Tavares clarified the company’s position on Chinese electric vehicle brands coming to Italy. There is fake news going around at the moment that Stellantis will not stay in Italy, that Stellantis will not invest in Italy, that Stellantis will dismantle Fiat. My position is very clear: It is fake news.

Italy 113