Chinese automakers have urged Beijing to hike tariffs on imported European gasoline-powered cars in retaliation for Brussels’ curbs on exports of Chinese-made EVs, the state-backed Global Times newspaper said on Wednesday. In a closed-door meeting on Tuesday also attended by European car companies, China’s auto industry “called on the government to adopt firm countermeasures (and) … Read more
Cheap but efficient Chinese electric vehicles (EVs) have sent a scare in the US and Europe. Many have predicted doomsday scenarios. The Alliance for American Manufacturing has said that government subsidized Chinese EVs “could end up being an extinction-level event for the U.S. auto sector”. Earlier this year, Tesla CEO Elon Musk told industry analysts … Read more
Boosted by strong electric vehicle sales, Chinese car makers will be in the spotlight at the Bangkok International Motor Show this week, underscoring the growing challenge to Japanese auto giants that have long dominated Thailand’s vehicle market. Chinese automakers such as Geely’s Zeekr and state-owned Xpeng Motors are slated to unveil their latest EVs to … Read more
