Reuters reports that on August 1, the Canadian labor union Unifor called on the Canadian federal government to impose tariffs on all Chinese-made electric vehicles, electric vehicle batteries and other parts, in line with some of the tariff measures already proposed by the United States. On July 2 of this year, Canada launched a 30-day public consultation period to discuss tariffs on Chinese-made electric vehicles after the United States and the European Union announced high tariffs on them. Currently, Canada is in the final stages of a review of state subsidies granted to Chinese automakers, and this public consultation period is expected to end […]
In the State Council Information Office on 30 July ‘to promote high-quality development’ series of thematic press conference, Deputy Director of the General Administration of Customs Zhao Zenglian replied to a reporter’s question, said, ‘some time ago, some arguments speculation in China’s new energy industry so-called overcapacity, which in fact is a pseudo-proposition, which is not realistic, but also contrary to the law of market economy. The law of market economic development.’ Zhao Zenglian pointed out that, for example, electric vehicles, the International Energy Agency estimates that by 2030, global sales of electric vehicles will reach about 45 […]
Into 2024, Japanese car enterprises were exposed to cut production news more and more frequently. On July 30th, Gai Shi automobile was informed that, following the reduction of production capacity in China, Nissan’s largest local plant also significantly reduced production. This means that, for Nissan alone, its sales of cold market scope has been not only limited to the Chinese market. Focusing on Japan’s main head of the car enterprise, in the automotive new energy transformation of the ‘crossroads’, these traditional enterprises are facing unprecedented challenges and critical choices. And the reason for this, and Chinese car companies and the Chinese auto market has a […]
August 1, 2024 – Chinese electric vehicle manufacturer BYD and global ride-hailing platform Uber today announced a significant partnership agreement to deploy 100,000 electric vehicles worldwide over the next few years. This collaboration marks a crucial step in both companies’ efforts to promote green mobility and sustainable transportation. Under the agreement, BYD will provide its latest electric vehicle models to Uber, which will be used for passenger services on the Uber platform. Both companies stated that this partnership aims to reduce carbon emissions and support global environmental goals by promoting electric mobility solutions. Uber CEO Dara Khosrowshahi said at the press conference, “Partnering with BYD is a […]
Thailand’s auto production fell 20.11 per cent year-on-year in June, compared with a 16.19 per cent year-on-year decline in May, due to tighter financing rules and high consumer debt, the Federation of Thai Industries (FTI) said, according to foreign media reports. The FTI now expects Thailand’s full-year production in 2024 to be lower than the level in 2023. The Federation of Thai Industries also said that in the first half of this year, Thailand’s automobile production fell 17.39 per cent from the same period last year to 761,240 units. According to the latest wholesale data released by […]
On 26 July, Honda China released a message to the public saying that Honda China has implemented capacity optimisation to accelerate its transition to electrification. The news shows that Honda China currently has seven vehicle production lines with a combined annual capacity of 1.49 million units. GAC Honda plans to close its fourth production line in October 2024, which has an annual capacity of 50,000 units. Dongfeng Honda plans to shut down its second production line in November 2024, which has an annual capacity of 240,000 units. Honda’s total vehicle production capacity in China will change from 1.49 million units […]