China has filed a request for consultations with Turkey at the WTO in response to Turkey’s move to impose tariffs on electric cars imported from China, the Chinese Foreign Ministry said in a statement on Oct. 8, Reuters reported. In a statement in Turkish, the Chinese Foreign […]
On October 4, representatives of EU member states voted to adopt the draft final ruling on the EU electric vehicle countervailing case submitted by the European Commission, proposing to impose a final countervailing duty on electric vehicles originating in China. In response, Geely Holding Group said that the […]
The Chinese side is studying raising tariffs on imported large-displacement fuel vehicles and will start imposing tariffs on European exports of brandy after EU member states voted to adopt the draft final ruling on the EU’s countervailing case on electric vehicles, which may further escalate the trade conflict […]
According to Reuters, on October 9, Thomas Schaefer, head of the Volkswagen brand, said that the Volkswagen brand aims to launch eight new affordable electric models by 2027 to win back market share. At the same time, Thomas Schaefer said that the Volkswagen brand must produce profitable cars and put them on the market […]
NIO has signed a strategic cooperation agreement with its strategic investor CYVN to establish an advanced technology R&D center in Abu Dhabi, UAE. This center will focus on smart driving and artificial intelligence technology development, further expanding NIO’s global R&D footprint and fostering technological innovation in the Middle East and North Africa (MENA) region. Additionally, […]
China and Europe’s auto manufacturing industry, the urgent need to construct a new common interests. “The EU’s vote did not take into account (China’s possible launch of) punitive tariffs! Can not start a trade war, (disputes) need to be resolved through negotiations.” Local […]