Volkswagen is the anti-Tesla and China is to blame
The German carmaker faces a triple threat from China, a lagging EV transition and labor worries.
The German carmaker faces a triple threat from China, a lagging EV transition and labor worries.
Attempt to fend off influx of Chinese electric vehicles puts chances of EU-Mercosur trade accord at the November G20 summit in doubt.
Commission dismisses offers to adjust pricing of allegedly subsidised vehicles
Negotiations between Brussels and Beijing on the dispute around electric vehicles have entered the final stretch ahead of a make-or-break vote.
EU member states and the Commission must “reconsider” their position regarding the tariffs imposed on Chinese electric vehicles, Spain’s Prime Minister Pedro Sanchez said on Wednesday (11 September).
Beijing has stepped up lobbying ahead of Brussels vote in escalating trade war
The UK is mulling an alternative strategy to its allies that could lead to a surge of imports of Chinese EVs.
Beijing said on Friday (9 August) it had filed an appeal with the World Trade Organization over the European Unionโs imposition, effective on 5 July, of provisional tariffs of up to 38% on imports of electric vehicles from China.
Trade secretary Jonathan Reynolds will remain โvigilantโ but is not planning to follow Brusselsโ lead
Higher levies on Chinese EV imports to come into force despite carmakersโ fears of retaliationBusiness live โ latest updatesThe EUโs top trade official, Valdis Dombrovskis, has brushed aside concerns of trade-war retaliation from Beijing against Europe…
Such an inspection could result in Tesla getting a lower duty than the average of 21 percent on Chinese EV-makers.
(Adds background, quotes from analysts) By Joe Cash and Ryan Woo BEIJING, June 24 (Reuters) – Beijing wants the European Union to scrap its preliminary tariffs on Chinese electric vehicles by July 4, China’s state-controlled Global Times reported, afte…
Budapestโs friendly ties with Beijing run contrary to Brusselsโ de-risking efforts.
Tariff announcement from Brussels prompts Citroรซn and Fiat brand owner to move part of Leapmotor output
It now makes greater financial sense for Chinese EV makers to accelerate plans to place production in the EU
Germany wants the EU to set tariffs on electric vehicles at a low level to avoid severe retaliation from Beijing.
The global liberal order has long been written off. It was naรฏve, the argument now goes, to think that trade would bind together countriesโ interests and encourage cooperation over conflict. But Europeโs current China contortions suggest that global tr…
Highly sensitive announcement could now come ahead of next monthโs G7 summit.
The increase in tariffs on China’s electric vehicles (EVs) and other products by the US administration is dividing politicians within the EU’s centre-left Socialists & Democrats (S&D) group, who disagree on whether Europe should follow up with …
Commission will start questioning its industry about competition with China and others on older-generation microchips.
China is Hungary’s No. 1 foreign investor, and Budapest is powering ahead in EV production.
The European Commission has warned three Chinese electric vehicle makers that they have not supplied sufficient information for its anti-subsidy investigation, according to two people familiar with the case.
Auto industry โbattlingโ for car carriers faces record freight rates after dozens of vessels were scrapped in 2020
Global carmaker Stellantis said Thursday (26 October) it will buy a 20% stake in Chinese electric car maker Leapmotor, making it the latest European brand seeking a foothold in the country’s highly competitive market via partnerships with local manufac…
Chinese cars are far from flooding the German market: Their share of overall car sales in Germany remains low but it is rising when it comes to electric cars, which is a matter of concern for politicians and European carmakers alike.
As tensions with China grow, Western countries need to do more to finance and build alternative supply chains for critical minerals.
New cash incentives, dubbed a โgreen bonusโ and targeted towards electric vehicles (EVs) buyers, will be rolled out as of January 2024, aiming to support French and European carmaking industries and divert from Chinese cars, the government announced on…