EU’s New Tariffs on Chinese EVs May Stifle Free Trade
The EU’s new tariffs on electric vehicles from the Chinese mainland could stifle free trade and harm both economies, threatening the global automotive industry and innovation.
News & Insights Across Asia
The EU’s new tariffs on electric vehicles from the Chinese mainland could stifle free trade and harm both economies, threatening the global automotive industry and innovation.
Liuzhou’s transformation into an electric vehicle hub highlights China’s rapid advancements in the NEV industry, offering insights into the global shift towards sustainable transportation.
Rolls-Royce Motor Cars sees China as its second-largest market, with soaring demand for personalized luxury vehicles, prompting the opening of a private office in Shanghai.
Tesla has successfully passed four data security tests in China, leading to the lifting of certain restrictions on the automaker.
Recent data shows China’s electric vehicle sector maintains high capacity utilization rates, countering overcapacity concerns in the industry.
After a four-year hiatus, the Beijing Auto Show returns in 2024, featuring global premieres from leading automotive brands. The event showcases the latest innovations under the theme “New Era, New Cars.”
German Chancellor Olaf Scholz’s visit to China reinforces Sino-German industrial collaboration, highlighting significant investments and deepening ties in automotive and sustainable technologies.
Bloomberg urges Europe to embrace free trade over protectionism, highlighting German auto industry leaders who advocate for competition and cooperation with China instead of following US protective measures.
Xiaomi’s launch of the SU7 electric vehicle reignites consumer enthusiasm for EVs. Street interviews reveal diverse preferences between new energy vehicles and traditional gasoline-powered cars.
Australia adjusts upcoming emission regulations for popular pick-up trucks after industry concerns about prices and consumer choice.
China is accelerating its green growth by setting an ambitious target of 45% market share in electric vehicles by 2027, creating significant opportunities for global companies in the sustainable sector.
Foreign executives from Volvo Cars and Tyson Foods discuss China’s favorable business environment and future growth opportunities in the automotive and food industries.
Geely Holding Group’s overseas sales surpassed domestic sales in 2023, marking a significant milestone amid global uncertainties. Chairman Li Shufu emphasizes confidence in the company’s strengths.
China expresses grave concern over the U.S. investigation into China-made vehicles with “connected” technology, urging respect for market principles and warning against protectionist practices that could disrupt global supply chains.
China responds to the U.S. investigation into Chinese vehicle imports, cautioning that politicizing trade issues could harm the U.S. auto industry. Chinese officials urge fair competition and market economy principles.
China’s NEV exports surged by 27.1% in January 2024, with 95,000 vehicles shipped overseas, highlighting China’s growing influence in the global electric vehicle market.
Under the Belt and Road Initiative, China’s collaboration with Pakistan on hydropower, tea plantations, and automotive production is fostering economic growth and strengthening bilateral friendship.
EU’s anti-subsidy investigation into electric vehicles from the Chinese mainland sparks criticism over its impact on emissions reduction efforts, with experts calling the move contradictory.
The European Commission has launched an anti-subsidy investigation into electric vehicles imported from the Chinese mainland, citing concerns over unfair state subsidies affecting the European market.
The European Commission has initiated an anti-subsidy investigation into Chinese electric vehicles, aiming to determine whether to impose tariffs on imports allegedly benefiting from state subsidies.