Remove Chinese Remove Europe Remove Low Cost Remove Price
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Volvo has no plans to challenge low-cost EVs in China as a price war intensifies

Baua Electric

Volvo has no plans to challenge low-cost EVs in China as the ongoing price war intensifies. The EX30, Volvo’s cheapest EV, starts at around $28,000 (200,800 yuan), but that’s as low as the company will go. The other is new tariffs on Chinese EVs in the EU and US, where the already popular EX30 is built.

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This new Chinese EV just launched for $25,000 as one of Europe’s cheapest electric cars

Baua Electric

Chinese legacy automaker Dongfeng Motor launched its new low-cost EV in Europe to compete with automakers like Volkswagen. Starting at around $25,500 (£19,615), the Dongfeng Nammi Box EV is already one of the cheapest EVs in Europe. Dongfeng will take on Europe after launching its Nammi Box EV in Switzerland.

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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. But now Europe may enforce its own tariffs. BYD alone sold 1.6 million overall BEV sales.

Chinese 52
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LG Energy Solution discusses battery production with Chinese suppliers for the EU

Teslarati

LG Energy Solution is engaged in talks with three China-based material suppliers to produce low-cost electric vehicle (EV) batteries for the European market. LGES’ talks with Chinese material suppliers come after the EU Commission started imposing extra tariffs of up to 38% on imported EVs made in China. “We

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Comment on China Chamber of Commerce expresses opposition to EU anti-subsidy probe against Chinese EVs by Lawrence

CN EV Post

And now in 2023 "low cost cars" entering Europe. Will high prices on Chinese EVs stymie the influx? The clash was inevitable. 20 years ago, incredibly overpriced luxury cars entering China. The first jig was up in due time, why rush the second.

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Renault and VW may partner on low-cost BEV minicar

Baua Electric

The French automaker’s CEO, Luca de Meo, said at the Geneva Motor Show that the company is in “good discussions” with VW, according to a report in Automotive News Europe. The urgency is growing as European automakers are being far outdistanced by BYD and Tesla , the latter of which sells more EVs in Europe than any other brand.

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BYD, Chinese EV makers account for +40% of German EV imports ahead of new tariffs

Baua Electric

Chinese EV makers, including BYD , accounted for over 40% of German EV imports through April 2024. Despite Chinese electric vehicle imports slipping 15.7% According to data released by the German statistics office Tuesday (via Reuters ), German EV imports from Chinese automakers like BYD reached 31,500 through April 2024.

BYD 52