1 hour ago Chinese electric vehicle makers set to ‘crack open’ Western markets as trade barriers fall

This year is likely to be a watershed one for the global drive by Chinese electric vehicle (EV) makers, as more Western countries open up their markets to high-performance made-in-China models. Despite low expectations for a hefty jump in overseas sales, EV assemblers like BYD and Geely are expected to get off to a strong start in some of their untapped markets, honing their image as world leaders in terms of production and technology before establishing a long-term foothold, according to...

Politics

40 h. ago Canada agrees to cut tariff on Chinese electric vehicles in break with the U.S.

Canada agrees to cut tariff on Chinese electric vehicles in break with the U.S.  CBS News

Politics

47 h. ago Canada to remove 100% tariffs on Chinese EV imports: prime minister

Canada will remove the additional 100 per cent in tariffs it had imposed on Chinese electric vehicle (EV) imports, Prime Minister Mark Carney said on Friday during a state visit in Beijing. In place of the higher duties, Carney said, Canada will cap import volume and retain a standard tariff rate of 6.1 per cent to shipments within the 49,000-unit limit. Canada’s additional tariffs, covering all EVs made in China, took effect in October 2024, following a similar move from the United States. “In...

Politics

47 h. ago Canada, China hit reset button on relations with tariff agreement

China and Canada have agreed to remove the triple-digit tariffs imposed on each other’s imports – a major thaw in relations after years of icy diplomatic and trade ties – as Canadian Prime Minister Mark Carney wrapped up his state visit in Beijing. Canada will remove the additional 100 per cent in tariffs it had levied on Chinese electric vehicle (EV) imports – imposed in 2024 following a similar move from the United States – while China will lower its tariffs on Canadian canola, Carney said on...

Events

48 h. ago Canada Breaks With U.S. to Slash Tariffs on Some Chinese Electric Vehicles

Canada Breaks With U.S. to Slash Tariffs on Some Chinese Electric Vehicles  The New York Times

Politics

5 d. ago Can Europe rebuild its strength to trade with China without fear?

China and the European Union began 2026 with another trade clash. As the EU’s Carbon Border Adjustment Mechanism entered its definitive phase, Brussels tightened compliance and Beijing warned of countermeasures. However, this week, the two sides signalled progress on defusing the electric vehicle dispute; the EU issued guidance to Chinese EV exporters on submitting minimum price plans. The juxtaposition underlines the point: even when one high-profile area shifts from escalation to technical...

Politics

9 d. ago China’s Xpeng unveils hybrid SUV version boasting world’s longest driving distance

Chinese electric vehicle (EV) giant Xpeng Motors has launched a new hybrid version of its G7 that it says offers the world’s longest range among SUVs, capable of covering the distance from Seattle to Los Angeles without charging. The updated G7 could travel 1,704km – longer than the distance between Beijing and Shanghai – with a 60-litre fuel tank and a 55.8kWh pack, the company said at a launch event in Guangzhou on Thursday. The model combines batteries with a small petrol engine that...

Politics

2 w. ago China’s FAW buys US$534 million stake in Leapmotor as EV firm sees deliveries jump in 2026

Stellantis-backed Zhejiang Leapmotor Technology has become the first Chinese electric vehicle (EV) manufacturer to receive investment from a state-owned enterprise amid the strong popularity of its affordable intelligent cars. FAW Group, mainland China’s oldest carmaker, has agreed to acquire a 5 per cent stake in the Hong Kong-listed EV assembler for 3.74 billion yuan (US$534 million) by buying an additional 74.8 million shares at HK$55.29 apiece, according to a stock exchange filing by...

Economics

3 w. ago Dozens of Chinese EV makers under pressure to fold or trim operations in 2026: analysts

Dozens of Chinese electric vehicle (EV) makers face a do-or-die moment in 2026, according to analysts, amid weakening domestic demand that is expected to see perennial loss-making firms exit the world’s largest car market. About 50 unprofitable mainland Chinese EV makers are under pressure to scale down their business or wind down operations, as the country’s automotive sector is projected to report a sales drop next year – the first such contraction since 2020 – owing to the industry’s...

Events

3 w. ago Luxury EV built with Huawei outsells Porsche’s Panamera and BMW’s 7 Series in China

Chinese electric vehicles (EVs), already the envy of the global automotive industry, have raced to the top of the luxury segment after a new model co-developed by Huawei Technologies outsold Porsche’s Panamera and BMW’s 7 Series in the world’s largest car market. Maextro S800, a luxury sedan priced from 708,000 yuan (US$100,555) to 1 million yuan, recorded 2,145 deliveries in mainland China last month, more than the combined sales of the Panamera and the 7 Series, according to data provider ECC...

Politics

3 w. ago Hong Kong to add more compatible chargers for Chinese EVs as Guangdong cars hit roads

Hong Kong will provide more chargers compatible with Chinese electric vehicles, the transport chief has said, as the first batch of cars from Guangdong province enters the city’s urban areas under a new scheme. Secretary for Transport and Logistics Mable Chan said on Tuesday that nearly 100 mainland Chinese cars entered Hong Kong on the first day of the “Southbound Travel for Guangdong Vehicles (Entry into Urban Area)” scheme, almost reaching the daily quota. She added that the government would...

Events

3 w. ago Hong Kong to add more compatible chargers for Chinese EVs as mainland cars arrive

Hong Kong will provide more chargers compatible with mainland Chinese electric vehicles, the transport chief has said, as the first batch of cars from Guangdong province enters the city’s urban areas under a new scheme. Secretary for Transport and Logistics Mable Chan said on Tuesday that nearly 100 mainland cars entered Hong Kong on the first day of the “Southbound Travel for Guangdong Vehicles (Entry into Urban Area)” scheme, almost reaching the daily quota. She added that the government would...

Politics