Sales of Chinese EVs accelerate in Europe despite EU tariffs

Описание к видео Sales of Chinese EVs accelerate in Europe despite EU tariffs

This is the BYD Explorer No.1, a roll-on, roll-off giant that can ship 7,000 cars at a time. On its maiden voyage to Spain on August 14, it delivered a thousand brand new BYD Seal U cars, and every single one was sold within weeks. BYD Spain says business is booming.

Positivity remains despite tariffs of between 17 and 38 percent being imposed provisionally on Chinese EVs in Europe. The EU says Chinese car makers benefit from unfair state subsidies, something that China denies. But the penalties are far from the 100% sanctions in the U.S. and Canada, and while Europe is divided on the issue, experts say that tariffs won’t halt the rise of Chinese EVs.

One way that Chinese manufacturers can avoid tariffs is by building factories here in Europe, BYD has already announced one in Hungary, while Chinese company Chery is going to start making cars in Barcelona, bringing welcome jobs to the Spanish economy.
Here at one of BYD's busy Madrid dealerships, customers care much more about value for money than global trade disputes.

Sales of Chinese EVs continue to accelerate in Europe, despite some governments trying to put on the brakes.

__________________
ShanghaiEye focuses on producing top-quality contents.
Nobody knows SHANGHAI better than us.
Please subscribe to us ☻☻☻
__________________
For more stories, please click

■ What's up today in Shanghai, the most updated news of the city
   • Плейлист  

■ Amazing Shanghai, exploring the unknown corners of the city, learning the people, food and stories behind them
   • Amazing Shanghai and China 淘宝魔都玩转中国  

■ What Chinese people's lives are like during the post COVID-19 period
   • COVID-19 新冠疫情  

■ Views of foreign scholars on China and its affairs
   • Voices, Let's Listen! 听她他说  

■ Foreign faces in Shanghai, people living in this city sharing their true feelings
   • Плейлист  

■ Mini-docs showing why China is the country it is today
   • Stories & Documentary 奇闻逸事记录中国  

__________________
☎Leave us messages if you have any suggestions or questions!
Thank you!

Комментарии

Информация по комментариям в разработке