Sunday, 23 February 2025
FILE PHOTO: Canada's Deputy Prime Minister and Minister of Finance Chrystia Freeland speaks at a press conference about changes to capital gains tax legislation, on Parliament Hill in Ottawa, Ontario, Canada, June 10, 2024.  REUTERS/Patrick Doyle/File Photo
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Canada, inspired by EU and US, considers imposing import tariffs on Chinese EVs

Canada's government is considering whether to impose tariffs on China-made electric vehicles as it seeks to align itself with allies against what they...

FILE PHOTO: People walk in front of BYD Auto company and Autotorino store in Milan, Italy, March 20, 2024. REUTERS/Claudia Greco/File Photo
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What happens next in the EU investigation into Chinese EVs?

The European Commission is planning to impose provisional duties on EVs produced in China, what comes next?

FILE PHOTO: Visitors view an MG EV car at the 45th Bangkok International Motor Show in Bangkok, Thailand, March 25, 2024. REUTERS/Chalinee Thirasupa/File Photo
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Chinese automakers retain grip over Southeast Asia’s booming EV market

EV sales are surging in Southeast Asia, led by China's BYD and Vietnam's VinFast Counterpoint Research said on Friday

FILE PHOTO: An attendant walks past EU and China flags ahead of the EU-China High-level Economic Dialogue at Diaoyutai State Guesthouse in Beijing, China June 25, 2018. REUTERS/Jason Lee/File Photo
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Chinese automakers seek retaliatory tariffs on EU cars, state media reports

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

FILE PHOTO: Employees work on Baojun RS-5 cars at a final assembly plant operated by General Motors Co and its local joint-venture partners in Liuzhou, Guangxi Zhuang Autonomous Region, China, February 28, 2019. Picture taken February 28, 2019. REUTERS/Aly Song/File Photo
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Detroit Three automakers should exit China, leading analyst says

John Murphy's guidance for the Big Three came during a discussion of the harsh cost-cutting measures they would have to take to be...

FILE PHOTO: A person walks next to BYD Seal car in a BYD Auto company and Autotorino store in Milan, Italy, March 20, 2024. REUTERS/Claudia Greco/File Photo
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Berkshire Hathaway sells $39.8 million of shares in China’s BYD

BYD is one of Berkshire Hathaway's few non-U.S. investments.

FILE PHOTO: Elon Musk attends the Breakthrough Prize awards in Los Angeles, California, U.S., April 13, 2024. REUTERS/Mario Anzuoni/File Photo
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Musk wins pay approval but still faces Tesla’s floundering stock and rich valuation

Tesla shareholders approved CEO Elon Musk's $56bn pay package, but the electric car maker's stock remains richly valued even after several years of...

Geely Auto logo is seen in this illustration taken January 16, 2024. REUTERS/Dado Ruvic/Illustration
Electric Vehicles (EVs)NewsPoliticsTradeTransport

China’s Geely expresses disappointment in EU tariff decision

Geely would be subject to a 20% additional duty rate from next month.

FILE PHOTO: People look on during the reveal event of the Volvo EX30 electric SUV vehicle in Milan, Italy June 7, 2023. REUTERS/Claudia Greco/File Photo
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European auto stocks fall further on concerns over China’s tariff response

According to state news agency Xinhua, Beijing hopes the European Union (EU) will reconsider tariffs on Chinese electric vehicles.

China has spearheaded a targeted industrial strategy to boost its EV sector, pouring vast state funds into domestic firms as well as research and development (AFP)
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Why are Chinese electric cars in EU crosshairs?

The European Union said this week it would slap additional tariffs of up to 38 percent on Chinese electric cars from next month...

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