Autovista Group’s Post

▶️Registrations of new light-commercial vehicles (LCVs) in the #EU improved in 2024, with the sector’s major markets driving growth. Tom Hooker, Autovista24 journalist, reviews the data 👇

The European Commission is to move forward with proposed plans to impose #tariffs of nearly 40% in some cases to China-manufactured battery electric #vehicles (#BEVs), citing a level of state subsidy it terms as “unfair”. “Based on the investigation, the Commission has concluded that the BEV value chain in #China benefits from unfair #subsidisation, which is causing a threat of economic injury to #EU BEV producers,” the European Commission said in a statement. The German Association of the Automotive Industry (VDA) on Wednesday issued fresh public criticism for the plans, claiming that the tariffs will slow the growth of the #electromobility sector and slow carbon reduction target progress. Read more here: https://lnkd.in/dJ2m4zC3 #ICIS #automotive #evs

How to compete with Chinese EV's? It seems like we are entering an irreversible shift to Chinese EV domination all over the world. The urgent response from US and EU states is to increase the tariffs as much as possible! How long would it stop this overtake of Chinese brands? We should be get prepared for this severe shift in the sector! We should be more FLEXIBLE and FASTER! this is certain! How about being more INNOVATIVE? or is there any hope? I would like to hear your comments also! #Automotive #car #ev #geopolitics

Israel Vehicle Importers Association's latest analysis of the global automotive market offers an in-depth examination of the critical trends and developments shaping the industry as of October 2024: The European Union, grappling with internal and external pressures, recently voted on the imposition of tariffs on electric vehicles (EVs) imported from China. Meanwhile, seasoned professionals in the European automotive industry are now questioning the viability of the 2035 ban on the sale of internal combustion engine (ICE) vehicles. In other news, the South Korean government is considering an increase in EV subsidies, although the exact timing has yet to be determined. Additionally, find out which government plans to introduce a "Congestion tax" during peak hours in its capital, and which country is looking to reduce EV subsidies by a third. Dive into the full review to stay informed and contribute your thoughts on the future of mobility: https://lnkd.in/d2q-BbiY #GlobalAutomotiveMarket #Innovation #ElectricVehicles #Sustainability #MobilityTrends #AutomotiveMarket #Technology

The EU recently announced that it will impose tariffs on imported #Chinese #EVs, but what impact will this have? Analyst Felipe Munoz reflects on how legacy #carmakers can remain competitive and why experience in the #automotive industry is an advantage. Watch the full conversation: https://hubs.li/Q02J2NsX0

In a recent discussion on "Bloomberg Technology," Julia Poliscanova, senior director of vehicles and e-mobility supply chains at Transport & Environment, provided an analysis of the European Union's proposal to impose a 9% tariff on Tesla vehicles imported from China. Poliscanova highlighted the potential repercussions of this tariff on the EV market, emphasizing how it could reshape competitive dynamics within the industry. The discussion also touched on broader implications for global supply chains and the strategic positioning of electric vehicle manufacturers in Europe. As the automotive landscape continues to evolve, the introduction of such tariffs raises critical questions about trade policies and their impact on innovation and consumer choice in the electric vehicle sector. #ElectricVehicles #Tariffs #TransportAndEnvironment #EVMarket #Sustainability ---------------------- Learn more here: https://lnkd.in/eTHrS4zS

Chinese OEMs could produce 700,000 cars in Europe by 2030, accounting for over 5% of total European production. This shift, driven by potential EU punitive tariffs, could transform the automotive landscape. Could this lead to increased competition in the European market? Explore the full implications in our latest report:

🔔 Major Update on Electric Vehicles from the European Commission! 🇪🇺 The European Union is set to take a significant step in the electric vehicle (EV) sector. The European Commission has recently proposed provisional countervailing duties on imports of new battery electric vehicles originating from China, addressing concerns over unfair subsidies benefiting these manufacturers. This move aims to create a level playing field in the EU market. Here are the essential points from the Commission’s announcement: 🔹Specific Duties for Major OEMs: Notable Chinese OEMs such as BYD, GEELY, and SAIC Motor are facing specific provisional duties set at 17.4%, 20%, and 38.1%, respectively, corresponding to their different levels of subsidisation. Other BEV producers in China, which cooperated in the investigation but have not been sampled, would be subject to the following weighted average duty: 21%. All other BEV producers in China which did not cooperate in the investigation would be subject to the following residual duty: 38,1%. 🔹 Scope and Fairness: The measures specifically target new battery electric vehicles designed for transporting nine or fewer persons, ensuring fair competition within the EU. 🔹 Implementation Timeline: The duties are scheduled to be implemented starting July 4th, 2024, contingent on the outcome of ongoing discussions with Chinese authorities. These proposed measures are designed to protect European manufacturers while maintaining a competitive and innovative EV market. This development marks a crucial step towards promoting sustainable transportation initiatives throughout the Union. Procedure and next steps:- On 4 October 2023, the Commission formally initiated an ex-officio anti-subsidy investigation on imports of battery electric vehicles for passengers originating in China. Any investigation shall be concluded within maximum 13 months of initiation. Provisional countervailing duties may be published by the Commission within 9 months after initiation (i.e. by 4 July at the latest). Definitive measures are to be imposed within 4 months after imposition of the provisional duties. The industry is keenly watching how this will shape the European EV landscape. Feedback and thoughts on the implications of this regulatory step are greatly encouraged! #ElectricVehicles #SustainableTransport #EURegulations #TradePolicy #AutomotiveIndustry

The European Commission is to move forward with proposed plans to impose #tariffs of nearly 40% in some cases to China-manufactured battery electric vehicles (#BEVs), citing a level of state subsidy it terms as “unfair”. “Based on the investigation, the Commission has concluded that the BEV value chain in #China benefits from unfair subsidisation, which is causing a threat of economic injury to EU BEV producers,” the European Commission said in a statement. “The investigation has also examined the likely consequences and impact of these measures on importers, users and consumers of BEVs in the EU.” The French government has backed the move to investigate the impact of China subsidies on European BEV markets, while German Chancellor Olaf Scholz has warned against the move. #Germany is one of Europe’s key auto manufacturers, with large global players in the sector such as BMW and Audi deriving a substantial portion of their international business from China. The German Association of the Automotive Industry (VDA)) on Wednesday issued fresh public criticism for the plans, claiming that the tariffs will slow the growth of the electromobility sector and slow carbon reduction target progress. “The anti-subsidy tariffs would make #electricvehicles more expensive on the European market or prevent them from being offered on the market at all,” the trade group said. #ICIS #EV #tariffs #EuropeanCommission #China #Europe #Germany #VDA https://lnkd.in/dpn7VHbu