Manufacturers

Tariffs: EU imposes extra tariffs on Chinese EV players at 2024 Beijing International Automotive Exhibition, impacting major manufacturers like BYD

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Beijing, China – The recent decision by the European Union to impose additional tariffs on Chinese electric vehicle (EV) manufacturers has sent shockwaves through the industry. The move comes after a probe initiated by the EU in October, targeting Chinese EV players who have a large presence in Europe. Among the companies affected are BYD, Geely, and SAIC, with additional duties ranging from 17.4% to 38.1%. Analysts have noted that the EU tariffs, while impactful …

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Tariff War: Biden Slaps 100% Duty on Chinese EVs – What This Means for US Manufacturers!

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Washington, D.C. – President Joe Biden has announced a significant increase in tariffs on Chinese-made electric vehicles, part of a larger effort to protect American manufacturers from the influx of cheap imports. The move, which follows a four-year review process and aims to prevent Chinese goods subsidized at low costs from flooding the U.S. market, marks an escalation in trade tensions between the world’s two largest economies. The White House disclosed that it will impose …

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**Auto Parts Manufacturers** in Michigan to Receive $100 Million Boost from Biden Administration – Find Out How!

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Detroit, MI – The Biden administration is set to allocate $100 million to support small and medium-sized auto parts manufacturers in upgrading their facilities and training their workforce. Vice President Kamala Harris is scheduled to make the announcement during her visit to Detroit. This move comes as part of a series of recent investments and initiatives aimed at facilitating a shift to electric vehicles, a critical issue in Michigan, a key state in the upcoming …

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Biden Administration Expected to Loosen EV Rules – Impact on Car Manufacturers and Unions Revealed

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WASHINGTON, D.C. – The Biden administration is preparing to make revisions to its regulations regarding the transition to electric vehicles (EVs), according to a report from The New York Times. The Environmental Protection Agency (EPA) is expected to ease its proposed rule for vehicle pollution, giving car manufacturers more flexibility in meeting the requirements for electric vehicle production. This change in regulations is seen as a victory for both car manufacturers and labor unions as …

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