EU Tariffs, China’s Price War, and Trump’s Trade Stance: A Round-up of the Week’s Top EV Stories

The EU prepares for potential trade impacts from China, while Trump intensifies pressure on China: 7 EV articles you might have overlooked

From the European Union deciding to enforce tariffs to a pricing battle between China's EV manufacturers, here are seven EV news items that you might not have come across.

1. EU prepares for potential Chinese trade retaliation following EV tariff decision

Officials from the European Union are gearing up for possible counter trade measures in response to the recent EV tariff dispute, as a team of Chinese officials initially charged with handling the matter are recalled back to Beijing.

2. CATL, the leading EV battery producer globally, inaugurates R&D facility in Hong Kong

The world's premier producer of batteries for electric vehicles (EVs), Contemporary Amperex Technology (CATL), has recently opened a research and development facility in Hong Kong. This move significantly boosts the city's goal to be recognized as a global center for innovation.

3. Trump reiterates his stance on Chinese car manufacturers' exclusion from the US market

GOP presidential aspirant Donald Trump affirmed that he would implement measures to block Chinese automobile manufacturers from the US market. This is part of his strategy to revive the US auto industry.

4. BYD and other Chinese companies escalate electric vehicle pricing battle to unprecedented heights, resulting in declining profits.