Former US president Donald Trump stirred a controversy a few days ago when he said in a campaign speech that he would impose a 100% tariff on cars built in Mexico by Chinese companies for sale in the American market. He said there will be a bloodbath in the American auto market if doesn’t win … Read more
China’s 1 trillion yuan (US$139 billion) exports of electric vehicles, lithium batteries and solar cells could face a new round of challenges this year, as Western policymakers have reflected “genuine anxieties” about overcapacity distorting their markets. Legal action and tariff increases by the United States and European Union against a perceived oversupply of cheap products … Read more
Home Car And Bike Chinese Automakers Win Drivers’ Hearts As Electric Vehicles Make Inroads Into European Market Chinese automakers account for only about 3 per cent of Western Europe’s overall car market but 8.4 per cent of the EV market, up from 6.2 per cent last year and almost nothing in 2019, according to Schmidt’s … Read more
