Author: Jackson Han

Canada has commenced a 30-day consultation, effective July 2, aimed at exploring measures, including additional tariffs, on electric vehicles (EVs) imported from China, in a move to safeguard its auto industry and bolster its burgeoning EV sector. “As first announced on June 24, 2024, Canada is today launching a 30-day consultation, from July 2, 2024, to August 1, 2024 on potential policy responses to protect Canada’s auto workers and its growing EV industry from unfair trade practices, and prevent trade diversion resulting from recent action taken by Canadian trading partners,” Canada’s Department of Finance stated on July 2. The consultations…

Tesla reported a decline in sales for China-made vehicles last month, reflecting broader market challenges and internal production adjustments, according to data released by the China Passenger Car Association (CPCA). In June, Tesla China sold a total of 71,007 vehicles, including both domestic sales and exports, marking a 2.16 percent decrease from May’s 72,573 units. Compared to June last year, the figures showed a more significant decline of 24.20 percent from 93,680 vehicles. See also: Tesla Beats Delivery Expectations with Record Q2 Performance For the second quarter of this year, Tesla China’s sales totaled 205,747 vehicles, down 16.77 percent year-on-year and…

Nio founder, chairman, and CEO William Li revealed that the company’s upcoming third brand, codenamed Firefly, will operate with its own dedicated battery swap stations, distinct from those used by Nio and Onvo brands. Speaking at a recent user communication event, Li confirmed for the first time publicly that Firefly will not share existing Nio or Onvo stations. Instead, it will feature smaller, container-sized stations with simplified structures, offering additional products such as coffee, according to a video reviewed by CnEVPost. “Nio’s Firefly brand will introduce dedicated smaller stations tailored for its vehicles,” Li stated, emphasizing the brand’s independent operational…

BYD’s plant in Uzbekistan has commenced production with the rollout of its first vehicles, including the BYD Song Plus DM-i Champion Edition, as announced by the Chinese new energy vehicle (NEV) manufacturer on Weibo. The inaugural production event, attended by Uzbek President Shavkat Mirziyoyev and BYD chairman and president Wang Chuanfu, took place at the plant located in Uzbekistan’s Jizzakh region. The Song Plus DM-i, part of BYD’s popular Ocean series and based on the e-Platform 3.0, is currently a sought-after model in China, priced between RMB 129,800 and RMB 169,800. See also: BYD Launches Third Electric Vehicle in Japan, Introduces…

The European Union has slightly revised its proposed tariffs on electric vehicles (EVs) imported from China following consultations with affected companies, Bloomberg reported on June 26, citing sources familiar with the matter. According to the report, SAIC Motor Corp will now face additional tariffs of 37.6 percent, down from the initially proposed 38.1 percent. Similarly, Geely Automobile Holdings Ltd will see tariffs at 19.9 percent, slightly lower than the previous 20 percent. Meanwhile, BYD’s tariff remains unchanged at 17.4 percent. See also: China’s EV Production to Surpass 10 Million Units in 2024 The new provisional rates are set to be imposed…

CATL has reported progress in its electric manned aircraft partnership project, targeting a range of about 2,000 to 3,000 kilometers by 2027-2028, according to Chairman Robin Zeng. Zeng disclosed this information at the 15th World Economic Forum Annual Meeting of the New Champions, also known as the Summer Davos Forum, in Dalian, China. This marks the first time the company has revealed details about the range of its electric aircraft. See also: Rolls-Royce and CATL Collaborate on Energy Storage Solution for European Market CATL has successfully test-flown a 4-ton civil electric aircraft and plans to introduce an 8-ton civil electric aircraft…

Hyundai Motor Group has introduced autonomous park and charge robots, showcasing a glimpse of the future of parking technology. The South Korean automaker recently released a video demonstrating the capabilities of these innovative robots. Describing the robots, Hyundai Motor Group stated, “No more parking stress—leave it to the robots. These parking robots lift the wheels of the vehicle and can maneuver in any direction to park your car with precision.” See also: Hyundai Ioniq 5 N Sets New Pikes Peak Records in Electric Modified and Production SUV/Crossover Classes The autonomous parking robots are capable of carrying vehicles weighing up to 2.2…

China’s BYD Co. has launched its third electric vehicle in Japan, the Seal electric sedan, in an effort to gain traction in a market largely dominated by hybrids and domestic brands. The Seal electric sedan went on sale for ¥5.28 million ($33,100) with a battery capacity of 82 kilowatt hours, with an all-wheel drive model priced at ¥6.05 million. See also: BYD Finalizes Plans to Enter South Korean Passenger EV Market with Three Models BYD has faced challenges in the Japanese passenger vehicle market, where hybrids remain popular and loyalty to domestic brands like Toyota Motor Corp. is strong. In 2023,…

BYD Insurance, the property insurance subsidiary of Chinese automaker BYD, has announced the expansion of its car insurance offerings in 7 major provinces in China, marking a strategic move to diversify its business and leverage its expertise in the industry. The expansion comes as BYD aims to strengthen its position in the insurance market, following in the footsteps of other new energy vehicle (NEV) manufacturers such as Tesla, Xpeng, Nio, and Li Auto, which have ventured into the car insurance market in recent years. See also: BYD Finalizes Plans to Enter South Korean Passenger EV Market with Three Models Through its…

South Korean radar solutions company bitSensing announced on Wednesday that it has successfully secured KRW 35 billion (USD 25 million) in Series B funding. The funding round was led by HL Mando, an existing investor, with participation from new investors including Korea Development Bank, IBK Industrial Bank of Korea, Woori Financial Capital, Life Asset Management, and Samchully Investment. This latest investment brings bitSensing’s cumulative funding to KRW 63 billion. Established in 2018 by a team of automotive radar experts, bitSensing has experienced rapid growth, expanding from its initial three employees to a current team of 86, with 70% dedicated to…

Canada is on the brink of imposing tariffs on Chinese-made electric vehicles (EVs), following in the footsteps of the US and Europe, according to sources familiar with the matter. The move comes as Canadian regulators announced plans last month to mirror the increased taxes on vehicle imports from China seen in other major markets. See also: EU to Impose Tariffs on Chinese EVs, Excluding Tesla, in Anti-Subsidy Move The surge in Chinese EV imports to Canada has been dramatic, jumping from CAD $100 million in 2022 to CAD $2.2 billion this year, with passenger vehicles arriving at the Vancouver port from…

China’s burgeoning electric vehicle (EV) sedan segment welcomed the ArcFox αS5, the latest offering from ArcFox, a dedicated EV brand under BAIC, which debuted over the weekend. Measuring 4,820 mm in length, 1,930 mm in width, and 1,480 mm in height, with a 2,900 mm wheelbase, the ArcFox αS5 boasts a sleek and aerodynamic exterior, achieving an exceptionally low drag coefficient of 0.1925 Cd. Positioned as a mid-size electric car, it competes directly with the BYD Seal and is available in three trims: 560Max, 708Max, and 650Ultra. In its 560Max configuration, the ArcFox αS5 is equipped with a basic 65…