Europe


2023-10-27

[News] Via Sampling Method, Chinese Automakers BYD, SAIC Motor, and Geely Face EU Subsidy Inquiry

On the 25th of October, the European Commission announced that, through a sampling method, it has selected three Chinese automakers: BYD, SAIC Motor, and Geely, to initiate an anti-subsidy investigation. The EU had previously declared its intent to investigate electric vehicles originating from C...

2023-10-12

[Insights] Protecting the EV Industry: France’s Latest Incentives May Exclude Chinese Electric Car

On September 20, 2023, France unveiled new incentives for purchasing electric vehicles, offering cash subsidies ranging from €5,000 to €7,000 for qualifying models. The subsidy criteria now take into account the carbon footprint during both the electric vehicle and battery manufacturing processe...

2021-03-02

Automakers Score Remarkable Performances in Top Five Ranking of EV Sales in 2020 Thanks to Affordable Models, Says TrendForce

Global sales of NEV (new energy vehicles, which include both BEV and PHEV) skyrocketed in the final two months of 2020, with various models setting historical sales records, according to TrendForce’s latest investigations. TrendForce estimates total NEV sales for 2020 at 2.9 million units, a 43% i...

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