Tuesday, June 18, 2024

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Impacted by the Tariff Increase by EU, Tesla Reportedly Expects Price Hike for European Model 3

Due to the EU’s announcement of increased tariffs on Chinese-made electric vehicles, Tesla has announced that it will raise the price of the Model...

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...

Tesla Reportedly Asks Suppliers to Avoid China, Taiwan as Early as 2025 in Case of Geopolitcal Risks

Due to escalating geopolitical risks, Tesla is reportedly requesting its suppliers to begin manufacturing components and parts outside of China and Taiwan as early...

China Retains Market Advantage in Battery Development Despite US Raising Tariffs

On May 14, the White House announced significant tariff increases on Chinese EVs and batteries. EV tariffs will jump from 25% to 100%, and...

US Imposes Another Measures, Raises Tariffs on Chinese Electric Cars to 100%

On May 14, 2024, the US administration announced that it would increase tariffs on Chinese new energy vehicles from 25% to 100%. Additionally, tariffs...

History says tariffs rarely work, but Biden’s 100% tariffs on Chinese EVs could defy the trend

Tinglong Dai, Johns Hopkins University In June 2019, then-presidential candidate Joe Biden tweeted: “Trump doesn’t get the basics. He thinks his tariffs are being paid...

China Reportedly Demands Automakers Increase Local Chip Procurement to 25%

To strengthen its semiconductor supply chain, the Chinese government is reportedly requiring domestic automakers, including BYD, to expand their procurement of locally-produced chips. The...

Punitive Tariffs on Chinese EVs by US Reportedly to Further Hinder BYD, Leapmotor and Others’ Global Expansion Plan

The latest punitive tariffs imposed on Chinese-made electric vehicles (EVs) by the Biden administration are likely to discourage BYD, Leapmotor, and other local manufacturers...

Platinum circularity underpins China’s green hydrogen future

A study explores the role of platinum in shaping the future of green hydrogen development in China. Hydrogen fuel is one of China’s key...

China’s 1st large-scale sodium battery energy storage station put into operation

A 10-MWh sodium-ion battery energy storage station has been put into operation in Guangxi, southwest China, the country's first large-scale energy storage plant using...

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