CHINESE ELECTRIC

Tesla's once-dominant position in China is facing a significant challenge. The company, which had long ruled the electric vehicle (EV) market in the country, is now seeing a shift in consumer preferences. One key factor is the growing appeal of local brands. Chinese consumers are increasingly opting for homegrown alternatives. For instance, Xiaomi, known for its sma...

On Friday, the European Union took a significant step in its ongoing investigation into Chinese electric vehicle (EV) subsidies. The EU voted to adopt definitive tariffs on China-made battery electric vehicles (BEVs). This move follows the launch of an anti-subsidy probe back in October 2023, which aimed to address what Europe sees as unfair advantages for Chinese EV...