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BEIJING — Europe's probe into Chinese electric cars was overly selective to the point that the results are not credible, a Chinese official claimed in an exclusive interview with CNBC on Monday.
Back in February, used electric vehicle prices dipped below used gasoline-powered vehicle prices for the first time ever, and the pricing cliff keeps getting steeper as car buyers reject any "premium" tag formerly associated with EVs.
The European Union’s new tariffs imposed on Chinese electric vehicles (EVs) will not greatly impact imports from China, according to the view of a former general counsel of the Office of the United States Trade Representative (USTR).
Shares of Chinese electric vehicle makers mostly surged on Thursday after the European Union announced higher tariffs of up to 38% on Chinese EVs a day earlier.
Hi, this is Yifan from Silicon Valley, your #techAsia host this week. Like many tech reporters, it has been a crazy busy few weeks for me as every major player in the space, from OpenAI to Google, unveiled their latest AI developments.
Asia-Pacific markets rose on Thursday after the U.S. Federal Reserve held the federal funds rate at 5.25% to 5.5%, and shifted its "dot plot" to project only one rate cut this year.
GUANGZHOU -- Electric vehicles aren't the only business on wheels that is growing for China's BYD.
Tesla could be hit with a specially calculated duty on its cars produced in China and imported to Europe as part of of the European Union's decision to raise tariffs on Chinese electric vehicles.