Industry News
Toyota seeks to build EV plant in Shanghai, hoping for Tesla-like treatment, report says
Toyota is in discussions with Shanghai authorities about the possibility of building a wholly owned factory to produce Lexus' EVs, according to Bloomberg.
BeyonCa to set up global headquarters and EV plant in HK
BeyonCa, which operates mainly in Beijing, hopes to become the first international luxury EV brand to be "Made in Hong Kong".
EU makes minor cut in tariff rates to be imposed on Chinese EVs, report says
Well, that's better than nothing.
China EV production projected to exceed 10 million units in 2024
China's NEV production reached 8.91 million units in 2023, up 34.15 percent year-on-year.
China NEV retail at 534,000 in Jun 1-23, up 7% from same period last month
China's NEV retail penetration was 49.12 percent for June 1-23, and 41.36 percent year-to-date.
Toyota to adopt local startup Momenta's driver assistance solution in China
GAC Toyota and Momenta have jointly created a full-scenario smart driving solution, and the bZ3X will be the first to feature it.
Geely unit LEVC launches L380 electric MPV in China, prices start at $52,300
LEVC, the maker of London's black cabs, is one of the brands owned by Geely in addition to Lotus, Zeekr, Volvo and Polestar.
Canada considers tariffs on Chinese EVs, to launch 30-day consultation on Jul 2
Currently, the only China-made EVs imported into Canada are Tesla vehicles produced at the Shanghai plant.
China, EU agree to consult on EV subsidy probe
China's Commerce Minister held a video talk with an executive vice president of the European Commission.
Canada prepares potential tariffs on Chinese EVs, report says
Canada is preparing potential new tariffs on China-made EVs to bring the country in line with actions by the US and the European Union, according to Bloomberg.
