South Korea Reviews EV Safety After Major Underground Garage Fire
South Korea is considering new EV safety regulations after a major underground garage fire involving a Mercedes-Benz EV, aiming to enhance transparency and prevent future incidents.
Automotive Industry
GM Reaffirms Commitment to Chinese Mainland Amid Market Changes
GM reaffirms its commitment to building a profitable, self-sustaining operation in the Chinese mainland despite rising local competition, emphasizing the importance of ongoing restructuring efforts.
China’s New Energy Vehicle Sales Soar in July Amid Global Expansion
Sales of China’s new energy passenger vehicles surged by 36.9% in July, reaching 878,000 units. Exports also climbed, signaling growing global recognition of Chinese-made brands.
Chinese Industry Body Appeals to EU for Fairness in Electric Vehicle Subsidy Probe
A leading Chinese industry body has urged the European Commission to reconsider tariffs on Chinese electric vehicles, calling for a balanced solution to prevent harm to both China and the EU.
Volkswagen’s Electric Drive in China’s Evolving Automotive Landscape
Volkswagen Anhui CEO Dr. Erwin Gabardi discusses the remarkable story of Volkswagen’s 40-year collaboration with the Chinese market and how it is driving innovation in electric vehicles.
China Urges EU to Reconsider EV Tariffs, Calls for Dialogue
China urges the EU to reconsider provisional tariffs of up to 37.6% on Chinese electric vehicles, calling for dialogue to resolve the dispute and prevent harm to the global automotive industry.
China’s NEV Penetration Rate Expected to Reach Record 49.1% in June
China’s new energy vehicle (NEV) penetration rate is projected to reach a record 49.1% in June, as the market continues to grow with increased competition and technological innovation.
EU’s Anti-Subsidy Tariffs on Chinese EVs May Backfire, Experts Warn
Experts warn that the EU’s anti-subsidy tariffs on Chinese-manufactured EVs might backfire, potentially harming foreign automakers like BMW and Tesla that produce in China for export to Europe.
EU’s Tariffs on Chinese EVs Could Hinder Automotive Innovation
The European Commission’s decision to increase tariffs on Chinese EVs raises concerns about its impact on the global automotive industry and innovation.
Unpacking the EU’s Tariff on Chinese Electric Vehicles: Economics or Politics?
Examining the EU’s tariff on Chinese electric vehicles and its implications for trade, environmental goals, and political dynamics between China and the European Union.
EU’s Proposed Tariffs on Chinese EVs Could Backfire
The EU plans to impose tariffs of up to 38.1% on Chinese EV imports, a move that experts warn could harm both Europe and China’s interests.
China Condemns Türkiye’s Tariff Hike on Chinese Vehicles, Vows to Defend Interests
China has strongly opposed Türkiye’s imposition of additional duties on Chinese vehicles, vowing to protect its enterprises’ interests and urging Türkiye to lift the discriminatory tariffs.
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.
Liuzhou’s Electric Vehicle Boom: A Tale of Innovation and Opportunity
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 CEO Highlights Surge in Customized Services Demand in China
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 Passes Data Security Tests in China; Restrictions Further Lifted
Tesla has successfully passed four data security tests in China, leading to the lifting of certain restrictions on the automaker.
Data Reveals China’s EV Sector Avoids Overcapacity Concerns
Recent data shows China’s electric vehicle sector maintains high capacity utilization rates, countering overcapacity concerns in the industry.
Beijing Auto Show Makes a Grand Return in 2024 After Four-Year Hiatus
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.”
Chancellor Scholz’s China Visit Strengthens Sino-German Industrial Ties
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 Opinion: Europe Should Resist US-Style Protectionism
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.