Electric Vehicles

Total 21 Posts

Tesla Carries Out Recall in China over Safety Risks

Last week, China's market regulator published a notice stating that Tesla had filed a plan to recall over 1 million vehicles sold in China between 2019 and 2023.

China Raises U.S. EV/Semiconductor Subsidies at WTO Meeting

At the November 2022 meeting of the WTO's Council for Trade in Goods, for which the minutes were recently circulated, several issues related to trade with China were raised for the first time (including U.S. subsidies on clean energy and semiconductors), and various other previously raised issues were brought

BYD to Build Battery Factory in Chile

Chinese electric car giant BYD is investing US$290 billion to build a lithium cathode factory in Chile, after securing raw materials at a discount from local suppliers.

U.S. Congressional Hearing on Clean Energy Tax Credits and Benefits to China

Last week, the U.S. House Ways and Means Committee held a hearing on "The U.S. Tax Code Subsidizing Green Corporate Handouts and the Chinese Communist Party."

Chinese Court Fines Tesla Over 1.5 Million Yuan for Fraudulent Sale

Last week, the Beijing High People's Court issued a final ruling on a civil case brought against Tesla for a fraudulent sale. The Court sustained the rulings of the lower courts, which ordered Tesla to refund 379,700 yuan to the consumer, and pay 1.14 million yuan in compensation.

China's Questions, U.S. Replies on Recent U.S. Subsidy Measures

At a WTO Committee on Subsidies and Countervailing Measures meeting last October, China asked questions about two major U.S. subsidy measures, related to electric vehicles and semiconductors. The U.S. recently provided responses.

BYD Expanding Electric Vehicle Sales, Production in Brazil, New Factory in Thailand

Recent months have seen announcements from Chinese battery and electric vehicle company BYD Co Ltd about new investments in both Brazil and Thailand.
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