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Tesla's Slip in China: The Rise of Local Rivals

March 19, 2025

Tesla's once-dominant position in China is facing a significant challenge. The company, which had long ruled the electric vehicle (EV) market in the country, is now seeing a shift in consumer preferences. One key factor is the growing appeal of local brands. Chinese consumers are increasingly optin

business

EU Puts Tariffs on Chinese Electric Vehicles: What Does It Mean?

October 5, 2024

On Friday, the European Union took a significant step in its ongoing investigation into Chinese electric vehicle (EV) subsidies. The EU voted to adopt definitive tariffs on China-made battery electric vehicles (BEVs). This move follows the launch of an anti-subsidy probe back in October 2023, which

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