Explore stories from Atlantic Canada.
Keegan Matheson on Blue Jays, Baseball Memories, and More | SaltWire #writer #torontobluejays #mlbBEIJING - Brazil has overtaken Belgium as the largest export market for Chinese new energy vehicles, industry data showed, as Chinese carmakers increase sales to non-European markets amid European Union's anti-subsidy probe into Chinese electric vehicles.
Several Chinese automakers have already started increasing investments for local production in Brazil. BYD has started building a manufacturing complex there to begin local production by year-end or in early 2025 and Great Wall Motor has said that its Brazil plant would begin operations this month. Russia, which is subject to Western sanctions, is expected to remain China's largest car export market, said CPCA secretary general Cui Dongshu.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Brazil surpasses Belgium as top export market for Chinese EVs, hybrids, data showsBrazil has overtaken Belgium as the largest export market for Chinese new energy vehicles, industry data showed, as Chinese carmakers increase sales to non...
Read more »
Stellantis Brings China EVs to South America in Brazil ExpansionStellantis NV plans to offer electric vehicles co-developed with Zhejiang Leapmotor Technologies Ltd. in South America — including top market Brazil — after the two companies struck a deal to build and sell the cars outside China.
Read more »
VW Says Cost Cuts Not Tariffs Will Protect Europe From Chinese EVsVolkswagen AG said higher import tariffs for Chinese-made EVs in the European Union will offer only a short respite, with lower costs necessary to stay competitive over the long run.
Read more »
Elon Musk says he’s against Biden tariffs on Chinese EVsEarlier this month, U.S. President Joe Biden rolled out new tariffs on an array of Chinese imports, including EVs
Read more »
Do not merge with U.S. tariffs on Chinese EVsHitting cheap Chinese imports with tariffs would be a mistake for a country that relies on open international trade
Read more »
Elon Musk says new tariffs on Chinese EVs are 'not good'The Biden Administration's recent decision to impose new tariffs on Chinese goods impacted many sectors, particularly the electric vehicle sector. Tesla...
Read more »