EU to Impose Up to 38% Additional Tariffs on Chinese EVs from July Despite China's Warning
TMTPost -- The European Union decides to levy additional tariffs on electric vehicle (EV) originated from China despite Beijing’s repeated warning. Credit:the European Commission The European Commission has pre-disclosed the level of provisional countervailing duties it would impose on imports of battery electric vehicles (BEVs) from China, which would be introduced from July 4 if discussions with Chinese authorities do not result in an effective solution, according to a statement on Wednesday. The provisional levies are part of results of the Commission’s ongoing anti-subsidy investigation. The executive arm of the EU concluded through the investigation that the BEV value chain in China benefits from unfair subsidisation, which is causing a threat of economic injury to EU BEV produce
[Li Auto (LI US, BUY, TP US$25) TP Change]: Delaying BEV Is the Wrong Approach to Competition
⬆ $Li Auto (LI)$ - LI Auto delays BEV launch to 2025 in chaotic Chinese EV market, but still rated as a buy due to SUV niche, healthy margin, and ample cash. Target price lowered to $25. Continue reading on Smartkarma:- https://www.smartkarma.com/insights/li-auto-li-us-buy-tp-us-25-tp-change-delaying-bev-is-the-wrong-approach-to-competition?utm_source=tiger_community By Eric Wen, Insight Provider on Smartkarma:- https://www.smartkarma.com/profiles/eric-wen?utm_source=tiger_community On Li Auto (LI):- https://www.smartkarma.com/entities/li-auto-inc?utm_source=tiger_community
Li Auto Inc - 4 EREV and 4 BEV models support growth
⬆ $Li Auto (02015)$ - 4Q23 net profit beat our forecast by 25% due to better than expected VPM. Li Auto will accelerate launches of BEV models and introduce a... Continue reading on Smartkarma:- https://www.smartkarma.com/insights/li-auto-inc-4-erev-and-4-bev-models-support-growth?utm_source=tiger_community By CGS CIMB Research, Insight Provider on Smartkarma:- https://www.smartkarma.com/profiles/cgs-cimb-research?utm_source=tiger_community On Li Auto (02015):- https://www.smartkarma.com/entities/li-auto-inc-3dbe6187-544f-40dd-b9f9-72fba9c0110e?utm_source=tiger_community