Competition in China’s battery electric vehicle (BEV) segment continued to be ramped up this year, with new brands coming onto the market and new models launched on a weekly basis. The more ...
China is the world’s largest BEV market, with domestic sales estimated at around 6.7 million units and a further 1 million exported to world markets. Toyota’s hopes the new Lexus plant will he ...
Starting in 2024, Europe and the US have set up trade barriers against imports of battery electric vehicles (BEV) from China. However, Chinese automakers have shifted their export focus ...
The European Commission has imposed tariffs of up to 45.3% on Chinese-built electric vehicles since last October.
Tesla's China-made EV sales fell 49.2% year-over-year in February, reaching 30,688 units, the lowest since August 2022.
Tesla’s (TSLA) sales of China-made EVs plummeted 49% year-over-year in February amid the soaring competition in the region. According to data ...