The EU is preparing to impose tariffs on electric vehicles imported from China, Reuters reports. This bold move aims to protect European EV manufacturers as they battle increasing competition from Chinese contenders
Browsing: EV market
As the Canadian EV market speeds up, everyone is watching to see which of the 132 Chinese electric vehicle makers will take the lead. Early signs reveal that a select few standout brands are gearing up to power into Canada’s booming green transportation scene
LG Energy Solution is gearing up to buy Stellantis’ share in their Canadian joint venture for $100, marking a bold strategic shift as electric vehicle demand cools, Reuters reports
BMW has just increased the price of the iX3 in Germany right before its launch, reflecting a surge in consumer demand. This price hike highlights the growing buzz around the electric SUV as BMW ramps up production to maintain its lead in the fiercely competitive EV market
BYD’s ship has just arrived in Argentina, delivering an impressive fleet of 5,800 electric and hybrid vehicles. This milestone marks a significant surge in the demand for sustainable mobility throughout the South American market
Canada has lifted import restrictions, paving the way for affordable Chinese electric vehicles to enter the market. This thrilling development promises to speed up EV adoption and provide consumers with more wallet-friendly options as demand skyrockets
Former President Trump makes a surprising pivot, openly inviting Chinese electric vehicles into the U.S. market with the bold declaration, “Let China come in.” This marks a striking shift in his stance amid the fierce competition heating up in the EV industry
Tesla has just unveiled the new ‘Standard’ Model Y Long Range in Europe and introduced a non-Long Range version in Canada, expanding its electric SUV lineup with more affordable options tailored for these key markets
Alfa Romeo and Maserati have shut down their Italian factory, signaling a major setback in their bold push toward fully electric vehicles. This move highlights the intense challenges automakers encounter as they accelerate the transition to EV technology, impacting production operations and workers across the board
BYD has surged past Tesla in electric vehicle sales across the UK and Germany, signaling a major shift in the EV landscape. This impressive rise from the Chinese automaker is challenging Tesla’s dominance in key European markets like never before
Germany has surged ahead to reclaim its top spot in Europe’s EV market, leaving southern and eastern regions trailing behind with slower adoption rates. This shift underscores the widening gap in electric vehicle enthusiasm across the continent
Tesla is charging ahead to create a full-fledged EV ecosystem in India, focusing on powerful charging networks and homegrown supply chains. This ambitious strategy is set to turbocharge long-term sales and firmly establish Tesla as a leader in the country’s fast-growing electric vehicle market
Xiaomi has become the biggest disappointment among China tech stocks, as growing investor doubts cloud its electric vehicle dreams. Fears of production setbacks and stiff market rivalry are putting heavy pressure on the company’s shares, Bloomberg reports
Tesla’s China sales have tumbled to a three-year low, spotlighting a sharp slowdown in the world’s largest EV market. This decline underscores mounting competition and the challenges Tesla must overcome to keep its momentum alive amid shifting consumer preferences
Tesla’s electric vehicle sales in Germany took a surprising plunge, plunging 53% in October compared to the previous month, according to TipRanks. This steep drop sparks fresh concerns about Tesla’s ability to maintain its momentum in the competitive European market
China’s electric vehicle industry is accelerating at full speed, rapidly expanding its global reach and dominating markets across Europe, Asia, and Africa. However, its influence remains limited in the US and Canada, where domestic brands still maintain a stronghold
China’s EV boom is accelerating at a breakneck pace, igniting fierce battles over raw materials and market dominance. Experts warn that this rapid surge could trigger a high-stakes resource war-imagine it as a real-life “Hunger Games.
Tesla’s car sales in Germany stumbled again in June, Reuters reveals. This drop highlights the intense competition and mounting challenges Tesla is up against from powerful local EV makers dominating the German market
Ultraviolette Automotive, celebrated for its groundbreaking electric motorcycles, is charging boldly into the French market. This thrilling expansion taps into Europe’s growing passion for innovative and eco-friendly mobility solutions
China’s ultra-affordable electric vehicles are revolutionizing the domestic market, sending shockwaves through established automakers and regulators alike. Growing concerns over quality, safety, and the potential ripple effects on industry stability are sparking fierce debate