Nationwide Vehicle Contracts’ Post

With the EU voting to impose #tariffs on Chinese electric vehicles of 45% and the US imposing 100% tariffs, the question now for the UK is how the government plans to protect the growing UK #EV, #battery and supply chain #industry in its upcoming #industrial #strategy. By making the right moves, we can ensure that the transition to EVs delivers #economic #growth and creates high-quality UK #jobs in new #green industries. The upcoming industrial strategy must prioritise the growth opportunities that come from the transition to zero emission transport including #EVs, #batteries, #hydrogen, e-fuels for #shipping and #aviation and the associated supply chains. The good news though is that #sales figures from September 2024 show some heartening trends - that EV #demand is rising, that the ZEV #mandate is working, and that there is a burgeoning industry waiting to be taken advantage of. The UK sold the highest volume of EVs it ever has in a single month, over 53,000, and for two months in a row, electric vehicle share exceeded 20%. But the transition to EVs is not something that will thrive on its own. The government must develop a comprehensive industrial strategy for battery manufacturing and its supply chain, with clear focus and industrial support covering investment, trade policy and sustainability rules with targets to favour local manufacturing, including cathodes and recycling. Anna Krajinska Oliver Lord Ralph Palmer Jonathan Hood Alexander Killeen Transport & Environment (T&E) #climate #climatechange #transport #cars #zevmandate #electriccars #roads #netzero #climatecrisis #green #greentransport #petrol #diesel #fuel https://lnkd.in/eKWmZsRs

In the Energy Institute blog today, Jim Sallee has an insightful post on the first order issue of tariffs versus transportation electrification. I am torn on this policy, but Jim's post very much helped clarify the issues for me. https://lnkd.in/gqen6sav

📢 Important Update on EU Tariffs and Chinese EVs! 🚗⚡️ The European Commission is set to impose additional duties of up to 38.1% on imported Chinese electric vehicles starting July 4th. This move aims to level the playing field, but it's expected to significantly impact major players like #BYD and #Geely. What does this mean for the EV charging industry? As tariffs increase, the dynamics of the EV market in Europe may shift, potentially driving innovation in charging solutions to accommodate new challenges and opportunities. Let's discuss: How do you think these tariffs will influence the EV charging infrastructure in Europe? Will we see a surge in demand for more efficient and cost-effective charging solutions? Share your thoughts! 💬🔋 📖 Read more here:  https://lnkd.in/g8iUmDMn #EVCharging #ElectricVehicles #CleanEnergy #Innovation #Sustainability #GreenTech #BessunCharging #FutureMobility #eMobility #Technology #EnergyEfficiency

Lesson learned for US EV manufacturers - New EU tariffs on electric vehicles from China signal a competitive defeat - It is a result of Brussels’ attempt to lead the world in climate protection - Costs of this strategic blunder will fall on consumers and companies ...the new global competitive picture will create winners but also claim many victims – including those who will not have the means to acquire personal transportation. #supplychain #leadership #automotive #china #logistics

BBC misleading title (again). The 25% tax is on petrol/gasoline/ICE so not #electrified rivals to #electricvehicles but on the most polluting cars. Don't you think that what is newsworthy is that China is taxing Internal Combustion Engine cars with 25% unlike the US and EU who choose to tax electric vehicles at 100% and 38% ? And can you explain to me how a 100% tax on #electriccars is a "bold" move? For whom and why? Certainly not for the planet. #electrification #globalwarming #airpollution

As someone who remains concerned that U.S. tariffs on Chinese #EVs will hinder our ability to rapidly reduce emissions, I am nowhere near as concerned about EU tariffs, for two main reasons. 1) The share of EVs in new car sales in Europe is ~2x what it is in the United States. It would be hard to slow the inevitable rise of EVs much at this point. (source: https://lnkd.in/e6n5Xujw) 2) Europe has fewer passenger vehicles per capita than the United States.(560/1000 at last count, vs. >800/1000 in the US) (Source 1: https://lnkd.in/ejRfH6SK) (Source 2: https://lnkd.in/e2ZY-yEa.) In many European cities, I've visited, you don't need a car to get around. That is true of very few U.S. cities (New York and DC mostly). The dependence of the United States on cheap EVs for rapid decarbonization is the result of many layers of policy failure. If we want to prevent the worst effects of the #climatecrisis, sooner or later we are going to have to confront these failures and their root causes. #energytransition #trade #policy

Another impression on MOFCOM telling Chinese EV companies to pause investments in the naughty countries that supported the tariffs: this is a great demonstration of how Beijing can intervene in Chinese companies' plans and activities, and we should think long and hard about that power... I think Chinese firms can bring a lot of value to the EU through greenfield investment. But if Beijing can leverage them for political retaliation/economic coercion like this, just imagine the bigger threats could Beijing make to erode the EU's strategic autonomy if so many European jobs were to rely on investment that Beijing could remove at a moment's notice. Pretty wild that the EU efforts to derisk the relationship with China are responded to by Beijing in ways that reaffirm why derisking is necessary in the first place.

Biden Plans New Tariffs On China, Targets Electric Vehicles And Other Strategic Sectors: Report: … focus on strategic sectors including electric vehicles (EVs). What Happened: The new … at key strategic sectors, including electric vehicles, batteries, and solar cells, Bloomberg … #car #cars #awesome

The European Commission has secured approval from EU member states to impose tariffs of up to 45% on Chinese battery electric vehicles, marking a significant step in its anti-subsidy investigation. China has expressed deep disappointment with this decision, urging the EU to reconsider the potential negative impacts on both local industries and the global EV supply chain. https://lnkd.in/ee-JVy9w #EVTariffs #ChineseEVs #EuropeanCommission #TradePolicy #Sustainability #ElectricVehicles #AntiSubsidyInvestigation #GlobalTrade #AutomotiveIndustry #Platts #CommodityInsights