Tariffs, tax credits, mandates and regulators — the rules that shape the EV market.
China’s pushing its carmakers to keep their advanced electric vehicle (EV) tech at home, even as these companies expand globally. The government’s encouraging automakers to export partially assembled vehicles, or “knock-down kits,” to avoid tariffs and protect their tech. This news, first reported by Bloomberg, comes as Chinese EV makers like BYD and Chery Automobile…
Stellantis just dropped some big news: the electric Ram 1500 REV and the 2025 Ram 1500 Ramcharger are hitting the roads, and they’re being built right in Sterling Heights. This is a huge step for the company’s multienergy strategy, which includes gas, electric, and hybrid options. The announcement came straight from Stellantis, and it’s got…
BMW’s recent announcement about cutting its profit margin forecast due to sluggish demand in China is just the tip of the iceberg. According to analysts, electric vehicles (EVs) are shaking up auto sales in the world’s biggest market, leaving foreign car manufacturers struggling to keep up, reports VOA News. The Rise of Chinese EVs In…
Volkswagen Group of America Inc. has issued a recall for almost 100,000 of its 2021-2024 electric vehicles, specifically the ID.4 EV sport-utility vehicle, due to a potential issue with the door handles. According to the U.S. National Highway Traffic Safety Administration (NHTSA), these vehicles may have been built with door handles that do not meet…
Sales of Chinese brands are up nearly 22% with Chinese companies overwhelmingly dominating sales of the EV market. Overcapacity in China’s auto manufacturing has become a major point of tension between the country and other big economies. The complaint from the west is that Beijing’s industrial policy has unfairly advantaged Chinese companies, leading to fears…
The European Union is set to lower its proposed tariffs on electric vehicles (EVs) imported from China, following consultations with affected companies. This development comes as part of an ongoing trade dispute between the EU and China over EV subsidies and market competition, reports the SCMP. Key Points Background The European Commission launched an investigation…
Tesla has officially announced that their highly anticipated Robotaxi unveiling event will take place in Los Angeles on October 10th. The company is offering a unique opportunity for shareholders to attend the event through a random drawing. Each share owned will count as an entry into the drawing, with results being communicated the week of…
In a bold move to expand their global footprint, nearly 900 Chinese auto suppliers and a handful of EV makers are showcasing their products at the Automechanika trade fair in Frankfurt. This event, which typically focuses on suppliers, has added a special “EV Expo” to highlight Chinese-made electric vehicles. The initiative comes as the Chinese…
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