SAIC is very happy about this.
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Category: tariffs
BYD makes a profit of 15,400 USD on BYD Seal U in Europe, compared to 1,400 USD in China. This means BYD makes 14,000 USD more profit, referred as EU premium, on every Seal U model sold in the EU, according to a report by Rhodium Group. On June 12, the European Commission (EC) investigation […]
The post BYD profit in EU is 10x higher than in China and even with new 30% tariffs, still makes 5,000 USD per vehicle, report says appeared first on CarNewsChina.com.
Filed under: Earnings/Financials,Government/Legal,Green
Continue reading European Union to hike Chinese EV tariffs to 38%
European Union to hike Chinese EV tariffs to 38% originally appeared on Autoblog on Wed, 12 Jun 2024 08:30:00 EDT. Please see our terms for use of feeds.
Permalink | Email this | CommentsOther BEV producers in China, which cooperated in the investigation would be subject to duty 21%.
The post EU imposes tariffs on Chinese EVs: BYD 17.4%, Geely 20%, SAIC 38.1% appeared first on CarNewsChina.com.
Filed under: Government/Legal,Green,Plants/Manufacturing,Electric
Continue reading New U.S. tariffs on Chinese EVs, batteries, solar cells could raise consumer prices
New U.S. tariffs on Chinese EVs, batteries, solar cells could raise consumer prices originally appeared on Autoblog on Wed, 15 May 2024 08:18:00 EDT. Please see our terms for use of feeds.
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Well-built little Chinese EV called the Seagull poses big threat to U.S. auto industry originally appeared on Autoblog on Tue, 14 May 2024 11:57:00 EDT. Please see our terms for use of feeds.
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Continue reading Why Biden's quadrupled Chinese EV tariffs will have little immediate impact
Why Biden's quadrupled Chinese EV tariffs will have little immediate impact originally appeared on Autoblog on Tue, 14 May 2024 11:01:00 EDT. Please see our terms for use of feeds.
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Continue reading President Biden hikes U.S. tariffs on billions in Chinese chips, cars
President Biden hikes U.S. tariffs on billions in Chinese chips, cars originally appeared on Autoblog on Tue, 14 May 2024 08:19:00 EDT. Please see our terms for use of feeds.
Permalink | Email this | CommentsFiled under: Government/Legal,Green,Volvo,Crossover,Electric
Continue reading Trade war tactics: How Volvo will land a cheap Chinese EV on U.S. shores
Trade war tactics: How Volvo will land a cheap Chinese EV on U.S. shores originally appeared on Autoblog on Wed, 24 Apr 2024 08:39:00 EDT. Please see our terms for use of feeds.
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