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SYDNEY (Reuters) -BYD and other Chinese automakers are bringing new electric car models in droves to Australia, a market where they haven't faced trade barriers and sales have surged due to EV ...
The Chinese EV maker Aiways, meanwhile, recently told Reuters that it decided against advertising its national heritage due to worries that consumers would hesitate to buy China-made products ...
Through this means, buyers overseas acquire trendy Chinese EVs that are often viewed as status symbols, including higher-end models from BYD, Li Auto, and Zeekr (Geely's premium EV brand). Of ...
In the U.S., made-in-China EVs are currently subject to a 25% tariff, which goes atop a 2.5% tariff on imported cars. ... they described a “coming wave” of Chinese vehicles that “will be ...
[62] [68] The surge in sales was due to the introduction of the Mitsubishi Outlander P-HEV, which sold 895 units during 2014, and became Australia's top selling plug-in electric vehicle. [68] Cumulative sales in the Australian market since 2010 reached over 1,950 units by the end of December 2014, up from 304 units in 2013.
The Federal Government claimed plug-in hybrid cars would have immediate emissions reduction benefits above EVs in most parts of Australia due to the high-level of emissions from Australia's electricity grid. However, this was a flawed analysis as it assumed a vehicle life of only five years, rather than a typical 15 years.
Andy Palmer, the "godfather of EVs," explains how China took the lead in the electric-car race. Palmer got the moniker after developing the Nissan Leaf, the world's first mass-market EV.
Meanwhile, Tesla fell behind China's BYD in quarterly revenue for the first time, and GM CEO Mary Barra warned of an unsustainable price war in the Chinese EV market.