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The EU slapped massive tariff hikes on China's EV giants. Investors don't seem to care.
BYD will be subject to an additional 17.4% in duties, while Geely will pay an extra 20%. State-backed SAIC will be subject to additional levies of 38.1%. On Thursday — less than a day after EC ...
EconoTimes4d
BYD’s Smart Driving Push Sparks Price War Concerns, Pressures Rivals Xpeng and Geely
Shares of Chinese EV makers Xpeng (NYSE:XPEV) and Geely Auto (HK:0175) plummeted on Tuesday, down 5.9% and 7.2%, respectively ...