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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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US hikes import tariffs on EVs, batteries and critical materials

Automotive Industry Automotive Logistics - 2024-05-21

The US government is increasing import duties on electric vehicles (EVs) by more than 100% with an eye on controlling imports from China. …

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How Germany lost the battle to prevent tariffs on Chinese cars

Automotive Industry POLITICO - 2024-05-21

The die was already cast when Ursula von der Leyen announced an EU probe into market-distorting subsidies for Chinese electric vehicles last fall. …

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Li Auto delays pure electric SUV launch due to insufficient fast charging network

Automotive Industry Reuters - 2024-05-21

China's Li Auto said it has postponed plans to launch pure electric SUV models to next year, citing hurdles such as a lack of enough fast chargers, sending its shares down more than 17% on Tuesday, 21 May 2024. …

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Leapmotor International in the race for European EV sales

Automotive Industry Automotive Logistics - 2024-05-21

Stellantis has formed a joint venture with Chinese electric vehicle (EV) start-up Leapmotor that will bring EV models to European markets in the fourth quarter 2024, beginning with Leapmotor’s T03 and C10 models. …

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Lamborghini CEO cautious about EV shift as electric car sales slow

Automotive Industry Automotive News Europe - 2024-05-20

The brand's first EV, the two-door Lanzador crossover, will not arrive until 2028. Lamborghini is holding off for now on making its sports cars full-electric as skepticism around the technology grows. …

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