Mexican Media Brands
Chinese EV Producers Ponder Indonesia to Avoid U.S. Trade War
Two Chinese electric car makers—BYD Co. and JAC Motors—could move some production to Indonesia to avoid the trade war between China and the U.S.
#hybrid #economics
Share
The newspaper cites Ridwan Djamaluddin, an undersecretary for infrastructure affairs. He says both companies are considering the scheme to avoid high tariffs currently in place for exporting to the U.S.
Ridwan says discussions have centered on possible plant locations and expected new investment regulations for EV businesses. Neither company has indicated the size of investments that might result.
RELATED CONTENT
-
On Ford Maverick, Toyota Tundra Hybrid, and GM's Factory Footprint
GM is transforming its approach to the auto market—and its factories. Ford builds a small truck for the urban market. Toyota builds a full-size pickup and uses a hybrid instead of a diesel. And Faurecia thinks that hydrogen is where the industry is going.
-
On Military Trucks, Euro Car Sales, Mazda Drops and More
Did you know Mack is making military dump trucks from commercial vehicles or that Ford tied with Daimler in Euro vehicle sales or the Mazda6 is soon to be a thing of the past or Alexa can be more readily integrated or about Honda’s new EV strategy? All that and more are found here.
-
Tesla Owners in Germany Ordered to Return Subsidy
Germany has ordered about 800 Tesla Model S electric cars owners to pay back a €4,000 ($4,700) government subsidy they received.