Category: eV
EU to impose additional tariffs of up to 38.1% on Chinese EVs
BYD will be subject to an additional tariff of 17.4 percent, Geely 20 percent and SAIC 38.1 percent. Other BEV producers that cooperated in the EU investigation but were not sampled will pay a weighted average duty of 21 percent.
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EU imposes tariffs on Chinese EVs: BYD 17.4%, Geely 20%, SAIC 38.1%
Other BEV producers in China, which cooperated in the investigation would be subject to duty 21%.
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EV Buyers Have Saved Over $1 Billion Through IRA Credits This Year
Nio reportedly reshuffles global business team, with special focus on Middle East
Nio's global business veteran Chen Chen heads a new tier-1 division and will personally oversee the Middle East business.
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Xpeng launches G9, P7 in Egypt
In the first quarter of this year, Xpeng's exports reached 61.8 percent of the full year 2023, the company said.
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Nio’s 1st 4th-gen swap stations to go live on Jun 13 in 2 cities
The fourth-generation battery swap stations that will go live tomorrow will include the first stations built by Nio in partnership with Zhongan Energy.
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China voices opposition as EU reportedly to impose extra tariffs on Chinese EVs
The European Commission is about to notify carmakers that it will temporarily impose additional tariffs of up to 25 percent on imported Chinese EVs from next month, according to the Financial Times.
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China EV insurance registrations for week ending Jun 9: Nio 3,500, Tesla 12,000, BYD 52,800, Xiaomi 2,100
Last week's insurance registrations were 1,800 for Xpeng, 4,200 for Zeekr, 8,900 for Aito and 3,800 for Leapmotor.
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China EV registrations in W23: Xiaomi 2,100, Nio 3,500, Tesla 12,00, BYD 52,800
Xiaomi sales were down 5% compared with the week before, Nio was down 50%, Tesla was down 20%, and BYD sales were nearly flat.
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