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Express News | Chair Of European Parliament Trade Committee Tells German Broadcaster NTV, "We Are Close To Agreement With China To Abolish Electric Vehicle Import Tariffs"
Express News | Ishares China Large Cap ETF Down 2.3%, Kraneshares CSI China Internet ETF Down 2.5%
Express News | Li Auto Down 2.4%, NIO Down 1.7%, Xpeng Down 4.4%
Express News | U.S.-Listed Shares of Chinese Firms Fall Premarket Tracking Losses in Domestic Stocks
Cui Dongshu: Maintaining growth is not enough to rely solely on trade-in incentives. Tax incentives for car purchases are needed to stimulate first-time buyers to purchase cars.
Currently, the good effects of the trade-in policy bring a strong year-end momentum. However, this rush will lead to greater pressure on consumer activity in early 2025. Therefore, in early 2025, a strong counterforce is needed to offset the pressure of a weaker consumer year. Thus, relying solely on trade-in for stable growth in 2025 is insufficient; tax benefits on vehicle purchases are necessary to encourage first-time buyers to purchase vehicles.
European Car Sales Flat in October, EVs Gain Ground, ACEA Says
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MonkeyGee : the other 40% is from China.
bullrider_21 OP MonkeyGee : If Trump raise the tariff on China EVs, Tesla may be banned from China. So its China net profit will be gone.
MonkeyGee bullrider_21 OP : I think the second time around will be different. Trump with Elon is not going to repeat something that produced no results. The fun thing is that I think China might be happy that Trump is back. It all about the art of making the deal!.
102168145 bullrider_21 OP : 谷歌和三星退出中国，不影响他们的世界霸主地位
73372627 : Do you believe NYT???? is same as some China fake propaganda. Do not worry, Tesla has very close parteneria with Chianese companies. The EV tariff are normal to be placed in order to equalize the market place and also to take out the status of the most favorisated nation because do make sense this. The second bigger Economy in the world to have this and poor countries strugle to have bread.
Read the last report. Elon is not for banned China made EV's.