The US government has announced wider tariffs on several categories of Chinese goods, including various green products like solar panels and batteries, medical goods, and in particular an increase of tariffs on Chinese EVs from 25% to 100%.
News came out on Friday that President Biden is set to quadruple tariffs on Chinese EVs to protect the US auto industry from the rapid growth of Chinese EV manufacturing.
But instead of just de facto banning the competition from giving Americans access to affordable hot new EVs, the US should instead try making affordable hot new EVsitself.
The US government is reportedly set to announce wider tariffs on several categories of Chinese goods, including various green products like solar panels and batteries, medical goods, and in particular an increase of tariffs on Chinese EVs from 25% to 100%.
I recently took a trip to China in order to see for myself how many of the e-bike drive systems and components we use daily in the West were originally designed and produced. And no journey to view the origins of the most popular e-bike components would be complete without a visit to Ananda, one of the largest and most advanced OEMs in the industry.
Chinese premium EV developer NIO celebrated a production milestone this week, rolling its 500,000th passenger vehicle off its assembly line at its F2 plant in Hefei. The company held a ceremony attended by NIO founder, chairman, and CEO William Li as it continues its reign as a leader in its given segment in China while simultaneously expanding globally.
Republicans have introduced a bill to eliminate the US EV tax credit in the Inflation Reduction Act, with the effect of slowing US progress on EV manufacturing, thus handing the lead in EV manufacturing to China.
Chinese state-owned company COSCO Shipping has launched what it calls the “world’s largest” river-to-sea electric container ship. The Green Water 01 is a 10,000-ton+ fully electric vessel that sets a new benchmark in sustainability in the marine logistics industry.
I recently took a trip to China to visit Yadea’s sprawling Anhui factory, which is just one of the company’s eight worldwide manufacturing centers. Together, they produced over 16 million electric vehicles last year, more than all of the big electric car manufacturers combined.
Since these pint-sized electric vehicles are so massively popular, I wanted to go there and try them myself and see what all the fuss was about. As it turns out, there’s a good reason why these are the best-selling little EVs in the world! And now that several of the models are coming to Europe and North America, Yadea’s lineup is looking even more interesting.
I recently took a trip to China, where I had the opportunity to visit one of Yadea’s several global factories used to produce a wide range of light electric vehicle models and styles. As the world’s largest electric vehicle manufacturer, it was a chance to see how the most popular forms of EVs – namely e-bikes, e-scooters, and electric three-wheelers, are built in sophisticated factories featuring high-level quality control processes. The experience was thoroughly eye-opening, and blew my expectations away!
EV brand ZEEKR has unveiled a new ultra-luxe version of its existing 009 multi-purpose vehicle (MPV). The new 4-seat ZEEKR 009 Grand was designed to deliver passengers “extreme luxury,” clad with polished marble, chrome accents, a giant LCD screen, and booming speakers. Did we mention it’s also speedy? Check this thing out.
The global wind industry installed 117 gigawatts (GW) of new capacity in 2023, making it the best year ever for new wind energy – here’s what happened and where.
China has been heavily subsidizing its green tech sectors, but homegrown EV company BYD is a favorite child of the bunch, receiving subsidies to the tune of “at least” $3.7 billion, according to a new German study.
Chinese automakers are looking to export electric vehicles by the hundreds of thousands around the globe, but they need a lot more car-carrying vessels to make that happen. Demand is so high that the country is on track to amass what will be the world’s fourth-largest fleet in a few short years, with new trade routes being created especially for Chinese cars.
Chinese automaker Chery is planning to make cars in Spain, where the EV market is at just 12%, half that of Portugal and France. This would be Chery’s first manufacturing site in Europe.
Just weeks after teasing the launch of its fourth all-electric model and promising some impressive specs, China’s IM Motors has officially opened pre-orders for its L6 Sedan. The automaker confirmed earlier today that the L6 will be powered by semi-solid-state batteries, offer a range of over 1,000km (620 miles), and deliver unique maneuvers like crabwalk and an intelligent driving chassis.
A solid-state battery developer in China has unveiled a new cell that could help change the game for electric mobility. Tailan New Energy’s vehicle-grade all-solid-state lithium batteries offer energy density twice that of other cells in the segment, empowering the Chinese battery maker to hail the cells as a record-setter in the industry.
Chinese smartphone giant Xiaomi seems to have hit the ball out of the park with the launch of its debut EV, the SU7, last week. The launch has pushed its market value up by $4 million, with the company now nearing valuations higher than GM and Ford.
Amid an intense price war and lost market share to BYD and Tesla, China’s state-owned automaker SAIC Motor is reportedly making drastic job cuts this year at its joint ventures with General Motors and Volkswagen and at its EV unit – with mass layoffs a rare move for a China-owned company.
China has filed a formal complaint with the World Trade Organization (WTO) against the US Inflation Reduction Act (IRA), claiming its subsidy policies discriminate against foreign automakers and disrupt the global goal of expediting EV adoption while distorting fair competition. A spokesperson for China’s Ministry of Commerce spoke to reporters and shared the details behind the filing.
Chinese EV automaker IM Motors is on the cusp of launching its fourth EV model and is touting some impressive specs to get the hype train going. The company’s co-CEO recently shared that the new L6 EV will be powered by a 900V platform equipped with solid-state batteries that can deliver over 1,000 km of range on a single charge.
Chinese EV automaker ZEEKR has confirmed its 5th EV model – a new van-like multi-purpose vehicle called the MIX. Designed for families with a traveling lifestyle, the ZEEKR MIX is the latest in China’s growing segment of all-electric family-size vehicles.
Leading Chinese EV automaker XPeng Motors has publicly shared plans for a new EV brand to deliver affordable, AI-driven smart cars to young consumers. Targeting China’s A-class segment of EVs priced between RMB 100,000-150,000, XPeng’s new brand could help pave the way for more affordable EVs around the globe.