Europe’s EV Tariffs Likely To Slow China Sales. “The additional duties would dent the profitability of Chinese EV exports but won’t stop the Chinese from expanding into the EU” The European Union‘s attempt to protect its carmakers from an existential threat from Chinese electric cars seems to have succeeded, and the expected incursion from the […]
Tag Archives | European
Rethink EU Decision That EVs Will Win
Rethink EU Decision That EVs Will Win. “What is clear is that electrification is a technology chosen by politicians, not by industry,” Whisper it behind closed doors, but the electric revolution in Europe might have made a false start. The move to electric vehicles has reached a plateau in Europe and is helping to turn […]
Will EU 2030 EV Sales Trigger Weakening Of CO2 Rules?
Will EU 2030 EV Sales Trigger Weakening Of CO2 Rules? “electrification is a technology chosen by politicians, not industry” European Union governments have decided there will be an electric vehicle revolution and have ordered their citizens to buy more EVs, but according to expert forecasts, they aren’t cooperating. EVs are too expensive with limited utility […]
European Sales Growth Petering Out, 2025 Problems Loom
European Sales Growth Petering Out, 2025 Problems Loom. “There is a combination of headwinds to market activity that look unlikely to ease significantly anytime soon” Auto sales growth in Europe is gradually expiring, pressurizing profits and forcing the manufacturers to look at bloated over-capacity with an eye on closures. If that’s not enough to worry […]
Europe Demands Total EV Victory; The Public Demurs
Europe Demands Total EV Victory; The Public Demurs. “EVs like the BYD Seagull are exactly what we want in Europe” European governments have decreed that new sedans and SUVs will be solely electric by 2035, and account for 80% of sales within five years. The facts suggest a messier outcome. That degree of victory for […]
Europe’s Automakers Brace For China EV Tariff Reaction
Europe’s Automakers Brace For China EV Tariff Reaction. “China hoped the EU would get the hint and not get into a tariff war” The European Union initiated provisional penalty tariff increases on Chinese electric vehicles and Europe’s automakers aren’t sure when the expected retaliation will arrive, or how serious it will be. The EU […]
Europe’s Auto Sales Weakening While EV Problems Fester
Europe’s Auto Sales Weakening While EV Problems Fester. “We have become increasingly cautious on the full-year result as vehicle prices remain high and interest rate cuts will be modest, even though monetary easing from the ECB has now begun” Europe’s car buyers are retreating from the market, worried by high prices and a deteriorating financial […]
European 2030 EV Sales Targets Slashed Again
European 2030 EV Sales Targets Slashed Again. “Automakers are grappling with slow EV sales as drivers are turned off by high sticker prices and subpar charging infrastructure” Europeans will buy 2 million fewer electric vehicles a year in 2030 than investment researcher Jefferies had previously predicted, joining other forecasters busily slashing predictions. If sales don’t […]
European Auto Industry Awaits Possible China Tariff Reaction
European Auto Industry Awaits Possible China Tariff Reaction. “Chinese players would still have a 25% cost advantage over EU manufacturers even after localizing assembly eastern Europe” European automakers and politicians nervously await news of Beijing’s possible retaliation to the European Union’s decision to impose increased tariffs on China-made electric vehicle imports. There is also the […]
EU China Tariffs Will Undermine Its EV Mass Market
EU China Tariffs Will Undermine Its EV Mass Market. “Those rates will slow, not stop, their march into the EU. Most likely- fewer China EV exports on European roads – but not a lot less” The European Union’s decision to raise tariffs on Chinese electric vehicle imports by up to nearly 40% sounded harsh but […]