China's Commerce Minister held a video talk with an executive vice president of the European Commission.
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Category: Policy
Canada prepares potential tariffs on Chinese EVs, report says
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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Nio says its commitment to Europe remains unwavering despite protectionism
“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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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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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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Nio makes China’s 1st list of L3/L4 autonomous driving pilot automakers
Entry into the list lays the groundwork for the commercialization of high-level autonomous driving capabilities, Nio said.
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China may devote about $830 million to support all-solid-state battery R&D, report says
Six companies, including CATL, BYD, FAW, SAIC, WeLion and Geely, may receive basic government R&D support, according to China Daily.
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China offers incentives to boost old car replacements, analysts expect up to 2 million additional sales
China has issued policy details encouraging consumers to trade in old cars for new ones, starting to offer subsidies of up to RMB 10,000 ($1,380), effective by the end of the year.
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China releases action plan to encourage trade-in of consumer goods including cars
China aims to double the amount of scrapped cars recycled by 2027 compared to 2023.
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China eases auto loan policy to spur consumption
Cars for personal use will be eligible for 0 percent down payment, while previously consumers were required to pay at least 20 percent of down payment for conventional cars and at least 15 percent for NEVs.
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