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Geely hikes 2024 sales target
Automotive News· 3 days agoGeely Automobile Holdings raised its sales target for 2024 to 2 million, a 5.3 percent increase from the goal it set at the start of the year. The automaker raised its outlook ...
EU lays out its China EV tariff calculations
Reuters via Yahoo Finance Canada· 2 days agoThe report details reluctance by the Chinese government and state-owned automaker SAIC to cooperate with the Commission's investigation into whether Chinese EV makers benefit from unfair state ...
China carmakers ride ongoing EV demand to sales records in June · TechNode
TechNode· 3 days agoChinese carmakers Geely, NIO, and Huawei-backed Aito on Monday reported record deliveries of electric vehicles for June as the country’s EV segment recovery gathers momentum ...
Europe is slapping tariffs on Chinese electric vehicles — for now. Here’s what to know
Channel4000· 2 days agoFRANKFURT, Germany (AP) — The European Union is imposing sharply higher customs duties on electric...
Chinese EV makers bypass EU and US tariff roadblock by turning towards Africa
South China Morning Post via Yahoo Finance Canada· 1 day agoThe move by Europe and the US to impose higher tariffs on Chinese electric vehicles (EVs) has been...
EU moves ahead with provisional tariffs on China EV imports
Detroit News· 1 day agoThe EU confirmed Thursday that it would apply provisional duties on three Chinese manufacturers that...
Tesla is now an official Chinese government car
CNN Business via Yahoo Finance Canada· 1 day agoTesla is the only foreign-owned EV car brand on the purchase catalog published by the government of Jiangsu province in eastern China. The other brands...
Volvo Cars' June sales rise on fully electric model boost
Reuters via Yahoo Finance Canada· 3 days agoVolvo Cars, which is majority-owned by China's Geely Holding, said in a statement that sales of...
Polestar posts loss, plans steps to offset tariffs on China-made EVs
Reuters via Yahoo Finance Canada· 4 days agoThe Swedish company, controlled by China's Geely, makes all its EVs in China, but its new model, the...
MG, Nio hint at price increases this year following EU EV tariff decision
Automotive News· 2 days agoMG owner SAIC will face a 37.6 percent tariff, Geely will face duties of 19.9 percent and BYD 17.4 percent, the EU said on July 4 following its investigation into alleged ...