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Brazil surpasses Belgium as top export market for Chinese EVs, hybrids, data shows

Automotive Industry Reuters - 2024-05-27

Brazil has overtaken Belgium as the largest export market for Chinese new energy vehicles, industry data showed, as Chinese carmakers increase sales to non-European markets amid European Union's anti-subsidy probe into Chinese electric v …

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Managing long-haul partnerships in FVL

Automotive Industry Automotive Logistics - 2024-05-24

Carmakers and logistics providers are redefining partnerships to improve collective competitiveness and foster long-term success. But how is a win-win ensured for both sides? …

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Tesla drops delivery goal of 20 million vehicles a year from latest report

Automotive Industry Reuters - 2024-05-24

Tesla has left out its goal of delivering 20 m vehicles a year by 2030 in its latest impact report published on Thursday, 23 May 2024, another sign the company was moving away from electric cars as it shifts focus to robotaxis. …

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European automakers need time, not tariffs, to fend off China competition

Automotive Industry Reuters - 2024-05-24

Europe's car giants won't have much time to restructure their operations and product lines to compete with ascendant Chinese automakers, and stiffer tariffs will do little to protect the status quo, industry executives said during a Reut …

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Ferrari boss calls Chinese EVs a 'call to action' for Europe

Automotive Industry Automotive News Europe - 2024-05-23

CEO Benedetto Vigna said Europe's automakers should be less complacent in the face of new competition from China. He confirmed that Ferrari is on track to launch its first EV by the end of 2025. …

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VW says cost cuts -- not tariffs -- will protect Europe from Chinese EVs

Automotive Industry Automotive News Europe - 2024-05-23

CFO Arno Antlitz says the EU's plan for additional trade barriers risks painful retaliatory actions. …

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VW weighs slower ramp-up of battery production on EV downturn

Automotive Industry Automotive News Europe - 2024-05-23

Manufacturers have been rethinking plans amid the downturn, with VW preparing more plug-in hybrids and Mercedes-Benz deciding to keep combustion cars in production well into the next decade. …

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China's low-cost EV is coming to Europe, leaving automaker bosses 'nervous'

Automotive Industry Automotive News Europe - 2024-05-22

Even after tariffs and modifications to meet European standards, BYD executives have pledged to sell the Seagull for less than €20,000. …

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Stellantis CEO: electric vehicle tariffs are a trap

Automotive Industry Reuters - 2024-05-22

Stellantis expects a major battle with Chinese rivals in the European market for electric vehicles and expects significant consequences as a result, the group's Chief Executive Carlos Tavares said on Wednesday, 22 May 2024. …

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China hints at 25% tariff on EU, U.S. cars as probe deadline looms

Automotive Industry Automotive News Europe - 2024-05-22

The EU must inform Chinese exporters whether it intends to impose tariffs by early June 2024. …

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