Europe

Despite tariffs on imported Chinese EVs in place in Europe, BYD is making good on its vow to continue its global expansion and is showing no signs of deterrence. The Chinese automaker recently put its second BYD-branded ship, “Changzhou,” into operation to export thousands more new energy vehicles (NEVs) to Europe.

Donald Trump wins a second presidential term, and BMW’s CEO Oliver Zipse came out with some quick remarks – amid what is likely panic among European automakers – that BMW will be fine because of its “very, very large footprint in the US.” Meanwhile, BMW’s profit margins hit a four-year low.  

China has reportedly already told its major automakers to hold off investments in EU countries that supported Europe’s new EV tariffs, according to Reuters.

As Europe pushes to phase out fossil fuels, a new study finds that, ironically, the EU’s five biggest members are pouring billions of dollars a year into subsidizing ICE company cars – to the tune of $42 billion ($45.60 billion) a year.

According to the latest estimates from the World Health Organization (WHO), nearly 300,000 people die each year from respiratory illness caused by poor air quality, with millions more falling ill. Now, European citizens might be able to claim compensation for health problems caused by 
failure to comply with pollution limits.

Europe’s “green dream” Northvolt is fighting to keep afloat. The Swedish-owned battery maker is now hoping a fresh injection of millions of dollars from its cofounder will generate a rescue package from other investors and keep the lights on.

People are angry, cars aren’t selling, and now for the first time ever Volkswagen is likely to close one of its factories in Europe – the state-of-the-art Brussels plant that makes the Audi Q8 E-Tron.

A Chinese maker of inexpensive TVs you’ll find at Walmart or on Amazon is launching a new family hatchback EV designed to rival the VW ID.3, Cupra Born, and BYD Dolphin. So far, it looks like the real deal.

BMW Group CEO Oliver Zipse says it’s time to pull the plug on the European Union’s plan to ban ICE vehicles in 2035. Clearly this isn’t the first time we’ve seen pushback, but Zipse is now taking it up a notch, despite EV sales going fairly well for BMW and Mini. What’s going on here?

The European Union has voted to move forward with its plan to impose tariffs on electric cars imported from China, despite recent moves by Germany to attempt to block the proposal.

The saga of impending tariffs on Chinese-built EVs imported into Europe continues, but the situation could be resolved before the duties take effect next month. Representatives from China and the EU are reported to be in talks about a minimum pricing deal for all Chinese EV imports that could help alleviate some of the upcharges the tariffs will impose.

Three months after opening up sales of its ES8 SUV in Europe, NIO has begun customer deliveries. The refreshed all-electric SUV, renamed the EL8 for the European market, is the sixth NIO model to enter Europe, and the Chinese automaker is showing no signs of slowing down, even as the EU Commission imposed tariffs on imports.

Renault CEO Luca de Meo said today that automakers collectively may need to pay ~€15B in fines if they miss 2025 emissions targets, as they’ve failed to ramp up efficient vehicle production in line with EU guidance – even as consumer EV demand continues to rise in Europe.

XPeng Motors appears to be the latest Chinese automaker looking to bring localized EV production to Europe. During a recent interview, XPeng’s founder, chairman, and CEO, He Xiaopeng, shared that the company is exploring potential sites in the EU to set up local BEV production.

Wind and solar generated more electricity than fossil fuels in the EU during the first six months of 2024 for the first time ever in a half-year period.

A German offshore wind farm in the North Sea will use Chinese-made turbines for the first time (and they’re mighty).

A new report states that the European Union has slightly tweaked its proposed tariffs on imported EVs from certain Chinese automakers after those companies divulged more details of their businesses. The tariff cuts are marginal but could offer a shred of hope that the EU is still willing to negotiate said duties before they are imposed next week.

Another day, another deeper understanding of the conversations going on behind closed doors as China and the EU approach the negotiating table as they toe the lines of a looming trade war surrounding vehicle imports and anti-subsidy probes of Chinese EVs.

As anticipated, China and its massive network of EV OEMs are not pleased with the EU Commission’s recent decision to impose tariffs on Chinese-built vehicles. In retaliation, Chinese automakers have implored their government to increase tariffs on imported European cars.

A previously announced joint venture between China’s Leapmotor and Stellantis has begun building EVs in Europe ahead of local deliveries targeted this fall. Leapmotor’s entry into local production and sales overseas begins with a small EV called the T03.

EV automaker Polestar has announced several expansion plans for 2024 and 2025 as its portfolio of all-electric offerings continues to grow and hit new customers. In addition to expanding its own retail footprint, Polestar is deploying new non-agency sales models and has announced seven new markets it will begin selling to next year.