South Koreas auto exports decreased in February, and new energy vehicles were hit
March 21, 2024
The latest data released by the Ministry of Industry and Commerce on March 19 revealed the challenges facing the countrys automotive export industry. According to the report, in February this year, South Koreas automotive exports reached $51,6 billion, down from the same rate by 7.8%, showing a declining trend for three consecutive months, reaching the lowest level since January 2023 ($49,8 billion).
EU plans to raise concerns about Chinas retrospective tariffs on electric vehicles
March 7, 2024
As global electric vehicle (BEVs) market competition intensifies, the European Commission’s latest initiative could further tighten trade relations with China and Europe.According to Reuters reports on Tuesday, the European Commission has issued an emergency notice announcing plans to customs registration of pure electric vehicles imported from China, as part of its counter-subsidy investigation.This measure could lead to...
US imposes new ban on Made in China batteries and parts
February 26, 2024
The new ban on “Made in China” batteries and automotive parts recently announced by the U.S. has once again pushed China-US technology and trade friction to the forefront. Under the latest defense licensing bill, the U.S. Department of Defense will ban the procurement of batteries manufactured by Nindera New Energy Technology Co., Ltd., Biady Co., Ltd. and four other Chinese companies from October 2027.
Export process of lead-acid batteries for electric vehicles
February 2, 2024
The popularity of electric vehicles has led to an increase in demand for its core component, lead-acid batteries. As a corrosive hazardous goods, exports of lead-acid batteries involve not only complex customs clearance processes but also compliance with international transport regulations.
South Koreas new energy vehicle exports hit a record
26 December 2023
South Korea’s automotive industry has achieved remarkable achievements in the field of new energy vehicles, with exports expected to exceed 700,000 vehicles for the first time this year, setting a record-high record. This achievement is prominent in the context of the decline in global demand for electric vehicles, showing South Korea’s competitiveness and market potential in the field of new energy vehicles.
The Canadian government promotes the transformation of electric vehicles: Zero-emission new vehicle policy in 2035
December 20, 2023
The Canadian government is preparing to implement a major automotive industry policy that will dramatically change the face of the Canadian automotive market. According to local media reports, the new regulation called the “Electric Vehicle Availability Standard” requires that all new cars sold in Canada must zero emissions by 2035.
Frances new environmental ratings rules for new energy vehicles: impact on exports to China
December 19, 2023
On October 10, 2023, France officially implemented new environmental rating rules for new energy vehicles, aiming to strengthen environmental regulation of new energy vehicles through the introduction of environmental rating mechanisms with a lifecycle carbon footprint.The implementation of the new regulation is an important part of the EU environmental protection movement, its impact on Chinas new energy vehicle industry.
European carmakers lag behind China and the U.S. in competition for raw materials for electric vehicle batteries
December 6, 2023
European automakers lag significantly behind US and Chinese competitors in the race for electric vehicle battery raw materials, according to a new research report from Brussels-based Transport & Environment (T&E). The report, based on analysis of public contracts, shows European manufacturers can only secure one-sixth of the critical raw materials needed to meet 2030 EV battery sales targets...
Brazil will resume import taxes on new energy vehicles next year
November 30, 2023
The Foreign Trade Commission of the Ministry of Industry and Trade of Brazil recently announced an important trade policy adjustment, deciding to resume the import tax on new energy vehicles from January 2024 and plans to gradually raise the tax rate in the coming years. It is that this tax rate is expected to reach 35% in July 2026.
Follow the customer service WeChat account.
