Friday, 18 April 2025
FILE PHOTO: A general view of BYD's first electric vehicle (EV) factory in Southeast Asia, a fast-growing regional EV market, in Rayong, Thailand, July 4, 2024. REUTERS/Chalinee Thirasupa/File Photo
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BYD’s steep EV discounting in Thailand sparks backlash, PM seeks assurances

Thailand's consumer protection agency has initiated a probe into discounting by BYD dealers that left some buyers feeling they overpaid

FILE PHOTO: A staff member cleans a display showing the locations of battery maker CATL's production bases, at the CATL booth during the first China International Supply Chain Expo (CISCE) in Beijing, China November 28, 2023. REUTERS/Florence Lo/File Photo
AutomotiveElectric Vehicles (EVs)ElectricityNewsStorageTransport

How China’s EV battery makers stack up in energy storage

China's electric vehicle battery giants CATL and BYD are eyeing the growing market for stationary energy storage

FILE PHOTO: A general view of visitors looking at models from BYD, a Chinese automobile manufacturer, during an event a day ahead of the official opening of the 2023 Munich Auto Show IAA Mobility, in Munich, Germany, September 4, 2023. REUTERS/Leonhard Simon/File Photo
AutomotiveBusinessClimateEconomyElectric Vehicles (EVs)IndustryManufacturingNewsPoliticsTrade

China steps up pressure with EU brandy probe hearing as EV tariffs begin

China has repeatedly called on the European Union to cancel its tariffs, expressing a willingness to negotiate.

China has spearheaded a targeted industrial strategy to boost its EV sector, pouring vast state funds into domestic firms (AFP)
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Why are Chinese EVs facing EU scrutiny and tariffs?

Beijing has yet to react but a Chinese trade group condemned the bloc's "protectionism".

Brussels launched an investigation last year into Chinese manufacturers to probe whether state subsidies unfairly undercut European automakers (AFP)
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EU slaps Chinese electric cars with tariffs of up to 38%

The EU on Thursday slapped extra provisional duties of up to 38% on Chinese electric car imports because of "unfair" state subsidies

FILE PHOTO: A poster for an MG-4 EV, a brand of Chinese state-owned carmaker SAIC, is displayed at a car showroom in Santander, Spain, June 13, 2024. REUTERS/Vincent West/File Photo
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What happens next in the EU investigation into Chinese EVs?

EU regulators will impose provisional duties on Chinese-made EVs imported into the European Union from Friday

BYD is China's dominant electric vehicle maker but is looking to expand overseas (AFP)
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China’s BYD opens EV plant in Thailand despite slowdown, tariff row

China's EV giant BYD opened a factory in Thailand on Thursday, hours before the European Union imposed swingeing tariffs on Chinese EV firms

China's BYD opens its first electric vehicle (EV) factory in Southeast Asia, a fast-growing regional EV market, in Rayong, Thailand, July 4, 2024. REUTERS/Chalinee Thirasupa
BusinessElectric Vehicles (EVs)IndustryManufacturingNews

China’s BYD opens EV factory in Thailand, first in Southeast Asia

The facility is worth $490 million and will have a production capacity of 150,000 vehicles per year.

FILE PHOTO: Nissan Motor's electric vehicle (EV) model Sakura is being charged at a charging station in Yokohama, Japan, November 3, 2023. REUTERS/Kim Kyung-Hoon/File Photo
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Nissan, Honda consider partnering on software, charging infrastructure: Nikkei

The automakers are looking to jointly develop the operating system that controls cars in a bid to bring down costs.

FILE PHOTO: A general view of visitors looking at models from BYD, a Chinese automobile manufacturer, during an event a day ahead of the official opening of the 2023 Munich Auto Show IAA Mobility, in Munich, Germany, September 4, 2023. REUTERS/Leonhard Simon/File Photo
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EU governments hesitant on Chinese EV tariffs as trade spat escalates

EU countries are wavering over whether to back additional tariffs on Chinese-built EVs, as Beijing threatens wide-ranging retaliation

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