Smart and Sustainable Electric Mobility
Nio said it maintains the pricing of its current models in European markets at this stage. Xpeng said it is actively assessing the feasibility of establishing local manufacturing capabilities in Europe.
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The EU's provisional tariffs will apply from July 5 for a maximum period of four months. Within this timeframe, a final decision on the definitive tariffs must be made through a vote by EU member states.
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The only China-made EVs currently imported into Canada are from Tesla, and local Chinese branded EVs have yet to be sold in Canada.
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Well, that's better than nothing.
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Currently, the only China-made EVs imported into Canada are Tesla vehicles produced at the Shanghai plant.
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Currently, the only China-made EVs imported into Canada are Tesla vehicles produced at the Shanghai plant.
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BYD received the lightest penalty in Europe's new set of auto tariffs, to the relief of investors, but the sector is already looking to Southeast Asia as a growth driver.
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China's Commerce Minister held a video talk with an executive vice president of the European Commission.
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Canada is preparing potential new tariffs on China-made EVs to bring the country in line with actions by the US and the European Union, according to Bloomberg.
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“In Europe, Nio's commitment to the EV market remains unwavering, and we will continue to serve our users and explore new opportunities within Europe despite protectionism,” Nio said.
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