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After concluding that EVs imported from China have an unfair advantage due to government subsidies, the European Commission said it would impose additional tariffs by up to 38.1%. How will the new EU tariffs impact Chinese EV makers like BYD and NIO?

Why is the EU imposing new duties on China EV imports?

The EU launched an investigation into Chinese EV subsidies in October as imports climbed. “Global markets are now flooded with cheaper electric cars,” EU Commission President Ursula von der Leyen said in her annual speech to the European Parliament.

“And their price is kept artificially low by huge state subsidies,” the EU Commission leader added. The comments came as Chinese EV makers, like BYD, launched new models aimed at the region.

According to leading global auto data firm Jato Dynamics, the average retail price of imported Chinese EVs was 29% lower than models produced in Europe (excluding incentives and discounts).

As part of the investigation, the Commission concluded that EVs made in China benefit from unfair subsidization. In a press release Wednesday, the Commission said the unfair practice is “causing a threat of economic injury to EU and BEV producers.”

EU-tariffs-BYD
BYD Atto 3 (Source: BYD)

As a result, the EU pre-disclosed the additional tariffs it would impose on Chinese EV makers, including BYD.

How the new EU tariffs will affect BYD, NIO, and others

The Commission reached out to Chinese authorities to explore ways to resolve the issues and gather feedback. Meanwhile, the EU released individual tariffs that would apply to three sampled Chinese EV makers.

The additional tariffs would include:

  • BYD: 17.4%
  • Geely: 20%
  • SAIC: 38.1%

Other EV makers in China, which cooperated with the investigation, would be subject to a 21% additional tariff.

EU-tariffs-BYD
BYD Seal test drive in Mexico (Source: BYD)

According to the release, Tesla “may receive an individually calculated duty rate at the definitive stage.” Other companies can ask for an accelerated review.

Sampled companies can explain the accuracy of the EU’s findings. If no solution is found by July 4, 2024, the new tariffs will be made official.

BYD's-$10K-Seagull-EV
BYD Dolphin Mini (Seagull) launch in Brazil (Source: BYD)

Chinese foreign ministry spokesperson Lin Jian responded to the new tariffs (via Reuters), saying, “This anti-subsidy investigation is a typical case of protectionism.” He explained it would only damage trade relations and the global supply chain.

Several Chinese EV makers, including NIO, remain committed to expanding in Europe. NIO told CnEVPost, “In Europe, Nio’s commitment to the EV market remains unwavering, and we will continue to serve our users and explore new opportunities within Europe despite protectionism.”

EU-tariffs-NIO
NIO ET5T (Source: NIO)

NIO remains “hopeful for a solution” as the investigation has yet to be concluded. If imposed, NIO would be subject to the 21% weighted average tariff, which would be imposed on top of the current 10% import duties on EVs.

Electrek’s Take

As China’s EV market is becoming saturated with many EV producers, leaders like BYD, Geely, SAIC, and NIO look to expand into global markets.

With low-cost EVs, Chinese EV makers are quickly expanding in key global automakers. For example, BYD is already among the leading EV makers in Thailand, Brazil, Israel, and others.

In Brazil, BYD’s cheapest EV, the Seagull, starts at around $20,000 (99,800 BRL). In fact, the BYD Explorer No. 1, BYD’s car transport ship, landed in Brazil’s Port of Suape last week carrying 7,000 NEVS.

Even with the new tariffs, the BYD Seagull is expected to arrive as one of Europe’s most affordable EVs, starting under $21,500 (20,000 euros).

BYD’s car transport ship landed in Germany in February, unloading 3,000 NEVs into the European market.

According to Dataforce research, Chinese EVs like BYD accounted for 9% of EVs sold in Europe last year. That number is expected to rise rapidly over the next few years as low-cost EVs enter the market.

BYD’s CEO, Wang Chuanfu, called out the US and Europe for being “afraid” of Chinese EVs last week.

If you are not strong enough, they will not be afraid of you,” Wang said. BYD’s leader said the new EU tariffs are a testament to China’s auto industry strength. The comments came after the US increased tariffs on imports from China, including EVs, batteries, and minerals.

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Reyes Beverage Group adds 29 Freightliner electric semi trucks to California fleet

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Reyes Beverage Group adds 29 Freightliner electric semi trucks to California fleet

Daimler Truck North America has helped alcohol distributor Reyes Beverage Group deploy fully 29 zero-emission Freightliner eCascadia Class 8 electric semi trucks in its California delivery fleet.

Reyes Beverage Group (RGB) plans to deploy the first twenty Freightliner electric semi trucks at its Golden Brands – East Bay and Harbor Distributing – Huntington Beach warehouses, marking the first phase in the company’s transition to a fully zero emission truck fleet by 2039. An additional nine eCascadia Class 8 HDEVs are scheduled for delivery to RBG’s Gate City Beverage – San Bernardino warehouse before the end of 2024.

RBG’s decision to adopt the Freightliner eCascadia builds on its recent transition to renewable diesel and its ongoing idle-time reduction program. These electric vehicles (EVs) “go electric” will contribute significantly toward the company’s stated goal of reducing its carbon emissions 60 percent by 2030. These 2 trucks will save some 98,000 gallons of diesel fuel annually, and avoid putting nearly 700 metric tons of carbon dioxide and other harmful emissions into California’s air each year.

“We are excited to be among the first in our industry to adopt these electric vehicles,” explains Tom Reyes, President of RBG West. “This is a significant step toward our sustainability goals and ensuring compliance with state regulation as we transition our fleet to EV.”

Freightliner’s eCascadia electric semi trucks offer a number of battery and drive axle configurations with ranges between 155 and 230 miles, depending on the truck specification, to perfectly match customers’ needs without compromising on performance and load capacity. RBG’s Freightliner eCascadia tractors will rely on electric charging stations installed at each facility, allowing them to recharge to 80% capacity in as little as 90 minutes for RGB’s trucks, which feature a typical driving range of 220 miles as equipped.

Electrek’s Take

Food and beverage trucks operate everywhere – not just at the ports but in urban population centers, too. That means they’re pumping out harmful emissions right where a lot of people live and work, and that’s no bueno, making the electrification of these vehicles a no brainer for anyone who cares about the quality of life of the people who live and work near them.

SOURCE | IMAGES: Daimler Trucks.

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Enwin Utilities adds $1 million Terex electric bucket truck to fleet [video]

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Enwin Utilities adds $1 million Terex electric bucket truck to fleet [video]

The Windsor, Ontario utility says it’s driving towards a more sustainable future after adding a dozen new electric vehicles to its fleet – including a state-of-the-art, 55-foot Terex electric bucket truck.

Based on a Class 7 (33,000 lb. GVWR) International eMV Series BEV, the Terex EV takes the eMV’s 291 kWh battery and adds the Terex Optima 55-foot aerial device and HyPower SmartPTO system to create a fully electrified utility service vehicle that can do anything its diesel counterparts can do while offering better, safer working conditions for utility crews.

“We’ve got 12 EVs,” said Gary Rossi, president and CEO, Enwin Utilities. That number represents fully 10% of the utility’s entire vehicle fleet. “Our centerpiece is our electric 55-feet bucket truck. It’s very quiet,” continues Rossi. “So (the truck) allows us, our crews, to communicate better. It’s not as loud in the community when they’re doing repairs in someone’s backyard.”

That notion is echoed by Terex, itself. The company says its HyPower SmartPTO (power take off), which replaces a mechanical PTO, avoids a loud idling engine while reducing workers’ exposure to toxic exhaust fumes.

The utility company says the new electric bucket truck cost it almost $1 million Canadian – but while that might sound like a lot, Rossi says the price is similar to what a similarly-optioned ICE version of the bucket truck would cost.

“It’s all about building Windsor’s future and literally plugging into the battery factory down the road that is being constructed and showing that Windsor is a leader on this front,” says Drew Dilkens, Mayor of Windsor. “I don’t own an internal combustion engine vehicle,” adds Mayor Wilkins. “I only own two electric cars. My wife and I, we made the change starting in 2019 and I can’t see myself ever going back.”

CTV News Windsor

Enwin says its commitment to clean energy extends beyond its vehicle fleet. The company recently unveiled a massive MW solar rooftop net metering facility at its Rhodes Drive headquarters with over 3,000 solar panels. The site, one of Canada’s largest solar installations, generates enough clean electricity to power 300 homes annually.

SOURCE | IMAGES: Terex; Enwin via CTV News Windsor.

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Damen sets a world record for most powerful electric tugboat

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Damen sets a world record for most powerful electric tugboat

Built by Damen Shipyards and the first fully electric tugboat to be deployed in the Middle East, the new RSD-E Tug 2513 Bu Tinah put in its record-breaking performance took place at Khalifa Port during ADIPEC, the world’s largest energy conference.

The RSD-E Tug 2513 is based on the already efficient hull design of the standard, diesel-powered RSD Tug 2513, but its new, fully electric propulsion arrangement enables it to offer zero emissions operations in situations where oil or fuel leakage would be – let’s say especially bad.

But, while the “clean” aspect of all-electric operation is obvious, its Guinness World Record of performance shows that the Damen RSD-E Tug 2513 is up to whatever task its owners put to it.

“This Guinness World Record achievement demonstrates that the transition to alternative energy does not come at the cost of performance,” explains Maritime & Shipping Cluster, AD Ports Group, Captain Ammar Mubarak Al Shaiba. “We are very proud that the first electric tug in the Middle East is also making waves on a global level with this accolade and the fact that in parallel it is improving the sustainability of our operations alongside cost efficiencies in terms of overall fuel saving is extremely important. This vessel is now a key component of our Marine Services fleet and our electrification strategy.”

To earn its record, the the Damen RSD-E Tug 2513 Bu Tinah recorded an average high peak bollard pull of 78.2 tonnes (about 86 ‘Murican tons). The record-setting tugboat can undertake a minimum of two towage operation on a single charge, and can be recharged on a marine DC fast charger in just two hours.

Electrek’s Take

Electric tug achieves Guinness World Record
Damen RSD-E Tug; via Damen.

We’ve come a long way since 2021, when a 6MW electric tugboat was pulling about 50 tonnes of bollard weight. A nearly 50% jump in performance without a similar weight or mass gain is a sign of advancing technology – and we are here for it.

SOURCE | IMAGES: Damen.

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