Taxes for electric cars are rising sharply due to government mistakes

Taxes for electric cars are rising sharply due to government mistakes

The Lucid Air is currently one of the cars with the longest range. (Image: Lucid Motors) The government has made a mistake that means that owners of electric cars will pay significantly more taxes from 2026. For years, the government tried to stimulate the sale of electric cars. This should contribute to achieving the climate … Read more

China fills the world with factories and strikes back in trade war with the West

China fills the world with factories and strikes back in trade war with the West

BEIJING.- China has entered into a new phase of global conquest. Its technology companies linked to the green transition They have begun to sow seeds in countless territories. Every so often an agreement is announced to lay the first stone of a production plant electric vehiclesbatteries, electrolyzers for the production of green hydrogen, solar panels. … Read more

Nio, Tesla’s Chinese competitor, is cutting the price of its new Onvo car

Nio, Tesla’s Chinese competitor, is cutting the price of its new Onvo car

Onvo, the low-cost brand launched by the Chinese electric car company Nio, aims to compete with Tesla with its first vehicle, the L60 SUV, which starts at 149,900 Chinese yuan ( $ 21,210 USD), if the person who buys it makes a monthly subscription for the battery, starting from 599 yuan, reports CNBC, cited by … Read more

China launches investigation into Canada for rapeseed dumping

China launches investigation into Canada for rapeseed dumping

Beijing. China announced on Tuesday the opening of an investigation anti-dumping on Canadian rapeseed, in apparent retaliation for Ottawa’s new restrictions on imports of Chinese electric vehicles. China’s Ministry of Commerce said in a statement that Canadian exporters are “suspected of dumping” products in the Chinese market and that “China’s domestic rapeseed industries continue to … Read more

Porsche agrees to provide capital for Varta restructuring

Porsche agrees to provide capital for Varta restructuring

FrankfurtGerman battery maker Varta said on Saturday it had reached a restructuring agreement with its creditors, bringing in sports car maker Porsche to save its ailing business. The deal, reached after days of intense negotiations, will reduce Varta’s debt from 485 million euros ($534.86 million) to 200 million euros initially, the company said. Varta, which … Read more

Tesla’s record sales signal a bright future for electric vehicles

Tesla’s record sales signal a bright future for electric vehicles

Tesla has recently shown remarkable advances in its product lineup, emphasizing significant growth and innovation. In the Chinese market, Tesla has seen a significant increase in demand for its electric vehicles, with a record-breaking 13,500 insurance registrations in just one week. This growth marks a 49.6% increase quarter-on-quarter and an 18.9% increase compared to Q1 … Read more

The new range of Audi electric cars made in China, for the Chinese market, will not be equipped with the four rings logo

The new range of Audi electric cars made in China, for the Chinese market, will not be equipped with the four rings logo

The new range of electric cars developed by Audi in China, for the Chinese market, will not have its logo with four rings, said two people with direct information about the company’s plans, Reuters reports, cited by News.ro . The decision of the main German brand by Volkswagen is related to the “brand image”, one … Read more

Tesla won’t be hurt by EV subsidy withdrawal – Musk

Tesla won’t be hurt by EV subsidy withdrawal – Musk

Tesla CEO Elon Musk said Tuesday that a possible withdrawal of support for electric vehicles by U.S. presidential candidate Donald Trump would hurt other automakers more than the Austin, Texas-based company. “It would be devastating for our competitors, and it would hurt Tesla slightly, but in the long run it would probably help Tesla,” Musk … Read more

China accuses EU plan to tax automobile imports of “protectionism”

China accuses EU plan to tax automobile imports of “protectionism”

Pekin. China accused this Wednesday of “protectionism” the specter of the European Union (EU) to use tariffs probably by July on imports of home electrical automobiles, of as much as 38.1 p.c, and warranted that “it is going to take the mandatory measures to firmly safeguard the “legit rights and pursuits” of the nation, which … Read more

Rivian offers (up to) $5,000 discount if you trade in your gas-powered truck

Rivian offers (up to) ,000 discount if you trade in your gas-powered truck

Rivian will give you up to around $5,470 in discount if you trade in an eligible gas-powered truck or SUV when you purchase or lease a qualifying R1 electric vehicle package in the US and Canada. As an “Electric Upgrade Offer” for Earth Day, Rivian said it will accept 2018 or newer Ford F-150, Explorer, … Read more