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<ul class="summary-list"><li>Chinese EV firms like BYD have been effectively shut out of the US thanks to high tariffs.</li><li>Many of them sell their electric vehicles in Europe, despite the EU introducing its own tariffs.</li></ul>US tourists who visited Europe this summer may have spotted some unfamiliar EVs on the road — some of which will have been built in China.<a target="_blank" class="" href="https://www.businessinsider.com/byd-saic-chinese-ev-makers-plot-world-takeover-2024-6#">China's electric vehicle</a> giants were <a target="_blank" class="" href="https://www.businessinsider.com/china-evs-tariffs-joe-biden-transport-2024-5">effectively shut out of the US in May</a>, when the government imposed crippling tariffs on China-based EV companies amid growing geopolitical tensions.The tariffs, designed to prevent the US auto market from being flooded with cheap Chinese EVs, have made it virtually impossible for companies like BYD to export their EVs stateside.The European Union set out <a target="_blank" class="" href="https://www.businessinsider.com/chinese-ev-companies-hit-with-new-tariffs-in-the-eu-2024-6">its own trade restrictions on China's Tesla rivals in June</a> — but unlike in the US, many have a sizable presence in the European market.Here are some of the Chinese electric vehicles that European drivers can buy right now but US drivers can't:<h2 id="8c27c4d8-53fb-4dcf-a9e7-30de84bd3e37">BYD</h2><div type="image" title="BYD Seal" height="683" width="1024" msid="113258283" hostid="261" sizebytes="34490"></div><a target="_blank" class="" href="https://www.businessinsider.com/tesla-rival-byd-chinese-evs-expands-in-europe-new-factory-2024-7">BYD</a><a target="_blank" href="https://www.businessinsider.com/tesla-rival-byd-chinese-evs-expands-in-europe-new-factory-2024-7"> is expanding rapidly in Europe</a>, and plans are underway to build two factories in Hungary and Turkey in the coming years.The Warren Buffett-backed automaker sells <a target="_blank" class="" href="https://www.byd.com/eu">six EV models in Europe </a>— from the Dolphin Hatchback, which <a target="_blank" class="" href="https://www.byd-cars.de/marken/byd/dolphin#8dfa9335-fae6-48ae-ade9-929a8d4761ba">costs from €32,990</a> ($36,400), to the Han sedan, which <a target="_blank" class="" href="https://www.byd-cars.de/marken/byd/han#a658351d-cfa0-49fd-b324-ff9e61445dd1">starts at €69,000</a> ($76,100) in Germany.Despite the EU imposing <a target="_blank" href="https://ec.europa.eu/commission/presscorner/detail/en/ip_24_4301">a 17% import tariff on BYD in August</a>, the company isn't slowing down. As it competes with Tesla worldwide, it plans to <a target="_blank" href="https://www.businessinsider.com/byd-cheap-ev-seagull-coming-to-europe-china-us-tariffs-2024-5">bring its $10,000 Seagull EV to Europe in 2025</a>.<h2 id="28cbf932-e633-467a-ba74-145fd9eebf92">Nio</h2><div type="image" title="Nio ET7" height="742" width="1024" msid="113258297" hostid="261" sizebytes="65766"></div>Chinese EV brand Nio is known in its home country <a target="_blank" class="" href="https://www.businessinsider.com/ev-battery-swapping-china-rescue-us-revolution-2024-2">for its battery swapping stations</a>, designed to prevent long charging times by removing flat batteries and replacing them with fully charged ones.Like BYD, Nio has been expanding in Europe, establishing battery swap stations across the continent and <a target="_blank" class="" href="https://www.nio.com/news/nio-house-amsterdam?&amp;noredirect=">selling six models as of May 2024</a>.That includes the stylish ET7, which Nio says comes with an <a target="_blank" class="" href="https://www.nio.com/et7?&amp;noredirect=">AI-powered suspension and an estimated 1,000km (620 mile) range</a>.<h2 id="93224fa1-31bc-45f4-8dc3-cadaccde6d4f">Xpeng</h2><div type="image" title="Xpeng G6" height="684" width="1024" msid="113258292" hostid="261" sizebytes="71784"></div>Xpeng is known for its quirky EV models, including a <a target="_blank" class="" href="https://www.businessinsider.com/xpeng-tesla-rival-flying-car-prototype-drone-evtol-2022-11">flying car</a>.In Europe, the automaker sells its G9, G6, and P7 models in various markets, including Denmark, Sweden, and Norway.<h2 id="985d743a-d9a6-45bc-82ed-a4c4ae7f187f">Zeekr</h2><div type="image" title="Zeekr 001" height="683" width="1024" msid="113258285" hostid="261" sizebytes="39634"></div>Chinese manufacturer Zeekr is one of many companies <a target="_blank" class="" href="https://www.businessinsider.com/chinese-electric-vehicles-byd-selling-record-cars-tesla-competition-deliveries-2024-7">vying to take on Tesla in China.</a> It has two models available in parts of Europe.Both the Zeekr X and the Zeekr 001 are luxury EVs priced between <a target="_blank" class="" href="https://shop.zeekr.eu/en-nl/configuration/?linkCode=1">42,490 euros and 59,490 euros ($46,800 to $65,600)</a> in the Netherlands. The Zeekr 001 boasts an estimated <a target="_blank" class="" href="https://www.zeekr.eu/models/001">620km (385 miles) of range and 0 to 60 mile acceleration in 3.8 seconds</a>.Like many other Chinese automakers, Zeekr faces EU's tariffs. CEO Andy An <a target="_blank" href="https://www.bloomberg.com/news/articles/2024-07-19/geely-s-zeekr-considers-building-evs-in-europe-to-avoid-tariffs">told Bloomberg that</a> the company may move production to Europe in the coming years as a result.<h2 id="3d2d47ce-d5f2-48a3-b76e-1431dec40a8b">MG</h2><div type="image" title="The MG Cyberster" height="681" width="1024" msid="113258295" hostid="261" sizebytes="64984"></div>Historic British car brand MG is owned <a target="_blank" class="" href="https://www.reuters.com/article/business/saic-to-sell-mg-cars-in-eu-by-year-end-idUSTRE60O088/">by one of China's largest automakers, SAIC Motor</a>.Since it came under SAIC Motor's control, MG has <a target="_blank" class="" href="https://www.bbc.co.uk/news/uk-england-birmingham-37449289">moved some of its vehicle production to China</a> and produced a series of electric models, including the MG4.This electric hatchback starts at <a target="_blank" class="" href="https://www.mg.co.uk/new-cars/mg4-ev">£26,995 ($35,300)</a> in the UK, making it <a target="_blank" class="" href="https://www.tesla.com/en_gb/model3/design#overview">£12,995 ($17,000) cheaper</a> than Tesla's least expensive offering in the country.MG also recently launched the Cyberster, a stylish electric roadster that is available <a target="_blank" class="" href="https://www.mgcyberster.co.uk/configurator">for preorder in the UK for £54,995 ($72,000)</a>.As of yet, there's no sign of the MG4 or the Cyberster coming to the US — although MG is planning to <a target="_blank" class="" href="https://www.reuters.com/business/autos-transportation/mg-motor-build-manufacturing-plant-rd-center-mexico-2024-08-08/">build a manufacturing plant in Mexico</a>, a move some US lawmakers have warned could provide Chinese manufacturers <a target="_blank" class="" href="https://www.businessinsider.com/chinese-ev-companies-byd-mg-plan-factories-mexico-washington-concern-2023-12">with a "backdoor" to the US market</a>.

Chinese EVs you can buy in Europe — but not in the US

German automaker <keyword id="6361865" type="General" weightage="20" keywordseo="Volkswagen" source="Orion">Volkswagen</keyword> will kick off its electrification journey in India with the launch of its electric car ID.4 later this year as part of its global efforts of mass electrification, a senior company official said on Thursday. The company, which unveiled the ID.4, expects the Indian passenger vehicles market to grow 5-7 per cent this year while it is targeting 10-15 per cent growth for itself. "Our first step to the electrification journey in India begins with the ID.4...," Executive Director Sales International Operations, Volkswagen Passenger Cars Michael Mayer said here at the Volkswagen annual brand conference. He said the ID.4 is being brought in as part of the company's global efforts of mass electrification. It will be launched in the Indian market later this year. Globally, VW is leading in the electrification journey, he said, adding, as part of the company's commitment to the Paris Climate Agreement 2030, it is continuing efforts in various spheres, including the development of charging infrastructure that's key to acceptance of EVs, recycling of batteries, digitalisation and connectivity solutions. The company is offering different products from ID.2 to ID.Buzz globally targeting several segments of customers, Mayer said, adding that globally, VW's electric vehicle (EV) sales grew 21 per cent at around 4 lakh units in 2023. "This is not the end of the story. It is our goal to take this success to other markets," Mayer said. However, he added, "This would be a phased approach, wherein we will strengthen our current portfolio on the basis of brand positioning for the market." "India, needless to say, continues to be a key market for Volkswagen. India is a 4 million car market now and is expected to grow 5-7 per cent this year," he asserted. The Indian automotive industry is now ranked third in the world even surpassing Japan, Mayer said, adding, "Who would have thought it ten years back?" He said VW is committed to the Indian market and the company will continue to introduce its premium products over the next few years. Volkswagen Passenger Cars India Brand Director Ashish Gupta said the company's sales grew 8 per cent in 2023. The company had sold around 44,000 units. "Our target this year in 2024 is to increase it by 10-15 per cent," he added. The company will continue to expand its sales and service network to tap opportunities coming from Tier II and Tier III cities. He said the company is targeting to have a presence in 170 cities with 230 sales and pre-owned car touch points along with 150 service centres in 2024. Last year, it had set up 45 sales and service touch points, he said, adding that at present, the company has 193 sales and pre-owned car sales touch points and 145 service centres in 145 cities. SEE ALSO: <a href="https://www.businessinsider.in/tech/mobile/news/motorola-edge-50-pro-to-launch-in-india-on-april-3-everything-we-know-so-far/articleshow/108667275.cms">Motorola Edge 50 Pro to launch in India on April 3 – Everything we know so far</a> <a href="https://www.businessinsider.in/tech/mobile/webstories/realme-narzo-70-pro-5g-vs-iqoo-z9-battle-of-the-under-20000-smartphones/slidelist/108666287.cms">Realme Narzo 70 Pro 5G vs iQOO Z9 – Battle of the under ₹20,000 smartphones</a> <a href="https://www.businessinsider.in/business/auto/news/jsw-group-and-saic-motors-jv-jsw-mg-motor-india-set-to-up-production-to-3-lakh-vehicles-a-year-with-a-new-car-every-3-6-months/articleshow/108647799.cms">JSW Group and SAIC Motor’s JV ‘JSW MG Motor India’ set to up production to 3 lakh vehicles a year with a new car every 3-6 months</a>

Volkswagen to kick off electrification journey in India later this year with ID.4 launch

<keyword id="4233468" type="General" weightage="100" keywordseo="mg-motor-india" source="Orion">MG Motor India</keyword> on Wednesday announced the prices for its next-gen <keyword id="1027495" type="General" weightage="20" keywordseo="Hector" source="Orion">Hector</keyword>, ranging between Rs 14.72-22.42 lakh (ex-showroom). Hector is now available in five variants -- Style, Smart, Smart Pro, Sharp Pro and Savvy Pro. The company said the SUV is available in five, six, and seven-seater configurations. The next-gen Hector has key safety features such as six airbags and a 360-degree HD camera. Hector was introduced by MG Motor India in 2019. MG Motor India showcased its vision for future mobility - 'Drive Ahead' - at Auto Expo 2023 here. The company unveiled a line-up of 14 production-ready vehicles from its portfolio at the expo. SEE ALSO: <a href="https://www.businessinsider.in/business/auto/news/maruti-suzuki-unveils-evx-electric-suv-concept-its-first-electric-car/slidelist/96901201.cms">Auto Expo 2023: Maruti Suzuki unveils eVX electric SUV concept, its first electric car</a> <a href="https://www.businessinsider.in/business/auto/news/aman-gupta-and-anupam-mittal-backed-revamp-moto-launches-its-first-transformable-ev/articleshow/96790725.cms">Shark Tank S1 winner Revamp Moto launches an EV that lets you add a child seat, freezer box and more</a> <a href="https://www.businessinsider.in/business/auto/news/qualcomm-introduces-ride-flex-soc-partners-with-visteon-to-help-build-next-gen-digital-cockpits/articleshow/96763185.cms">Qualcomm introduces Ride Flex SoC, partners with Visteon to help build next-gen digital cockpits</a>

Auto Expo 2023: MG Motor India announces next-gen Hector price starting at Rs 14.72 lakh

<ul class="summary-list"><li>Cheap Chinese EVs are unlikely to come to the US anytime soon after President Joe Biden hiked tariffs.</li><li>But Tesla rivals are proving a hit in Brazil and Mexico, where auto exports are booming.</li></ul>China's <a target="_blank" href="https://www.businessinsider.com/tesla">Tesla</a> rivals have had the door to the US electric vehicle market <a target="_blank" href="https://www.businessinsider.com/elon-musk-tesla-comments-biden-tariff-chinese-electric-vehicles-2024-5">slammed in their faces</a> — so they're turning their attention to Brazil, Mexico, and Europe.Exports of Chinese EVs to Brazil surged in the first four months of the year, with automakers like BYD continuing to expand abroad even as <a target="_blank" href="https://www.businessinsider.com/white-house-joe-biden-hikes-tariffs-on-chinese-made-evs-2024-5">Joe Biden announces 100% tariffs</a> on Chinese electric vehicles.Data from the China Passenger Car Association, <a target="_blank" href="https://www.reuters.com/business/autos-transportation/brazil-surpasses-belgium-top-export-market-chinese-evs-hybrids-data-shows-2024-05-27/">reported by Reuters</a>, showed that the number of China-made pure electric and plug-in hybrid cars exported to Brazil rose in April, growing 13-fold from the previous year to 40,163 units.It saw Brazil become China's biggest foreign market for EVs for the second straight month.Both <a target="_blank" href="https://www.bloomberg.com/news/articles/2024-05-16/chinese-ev-makers-byd-great-wall-join-19-billion-investment-race-in-brazil">BYD and rival Great Wall Motors</a> are also planning factories in the South American nation.Mexico has also seen a rapid rise in Chinese car sales, with total automobile exports, including <a target="_blank" href="https://apnews.com/article/china-auto-ev-toyota-byd-4d034a4b4c0621081c4824b64e461fd6">combustion engine vehicles,</a> jumping 27% in the first four months of this year, per Reuters.Tesla's leading rival, BYD, unveiled its first pickup truck, <a target="_blank" href="https://www.businessinsider.com/byd-shark-plug-in-hybrid-pickup-truck-americans-cant-have-2024-5">a plug-in hybrid called the Shark</a>, in Mexico in May.The Warren Buffett-backed automaker, along with rival EV companies Chery and MG, is reportedly <a target="_blank" href="https://www.businessinsider.com/chinese-ev-companies-byd-mg-plan-factories-mexico-washington-concern-2023-12">considering building a factory in Mexico</a> — sparking anxieties among US lawmakers concerned about Chinese firms setting up shop in the US' largest trading partner.China's legion of EV manufacturers are also eyeing Europe, one of Tesla's most important markets, as they seek to <a target="_blank" href="https://www.businessinsider.com/chinas-electric-vehicle-market-could-face-a-brutal-reckoning-2024-5">escape cutthroat competition</a> back home.BYD is <a target="_blank" href="https://www.byd.com/eu/news-list/BYD_to_Build_A_New_Energy_Passenger_Vehicle_Factory_in_Hungary_for_Localised_Production_in_Europe.html">building a factory in Hungary</a> and <a target="_blank" href="https://www.businessinsider.com/byd-cheap-ev-seagull-coming-to-europe-china-us-tariffs-2024-5">plans to sell its $10,000 Seagull in Europe</a> within the next few years. The company's executives said it would cost around 20,000 euros in this region.Other Tesla rivals are also making moves, with <a target="_blank" href="https://www.reuters.com/business/autos-transportation/chinese-carmaker-nio-unfazed-by-european-tariff-uncertainties-2024-05-23/">Nio opening a new showroom in Amsterdam</a> and Xpeng launching two SUVs, the G9 and G6, in Europe.However, they might soon face a regulatory reckoning in Europe. The EU is <a target="_blank" href="https://www.businessinsider.com/eu-chinese-ev-subsidies-market-cheap-prices-cars-2023-9">currently investigating Chinese subsidies for EV companies</a> and could impose its own tariffs if it finds China's electric vehicles are being sold at artificially low prices."If I were in the shoes of a European carmaker, I would be pushing the EU to impose tariffs because the price [of Chinese EVs] is too low, and they can't compete at this level of technology," Giacomo Carelli, CEO of Italian vehicle finance and insurance provider CA Auto Bank, said at the Financial Times' Future of the Car conference in May.Established automakers in Europe are bracing for a bumpy road regardless of whether the EU follows President Joe Biden in cracking down on Chinese EVs — but some remain bullish about their chances."The reality is the Chinese are able to bring in vehicles at very competitive prices," said Michael Cole, CEO of Hyundai Motors Europe, at the Future of the Car summit."It is more challenging for us, but all it means is that we have to sharpen our act … We have to react to the competition, but we have to assume it's fair competition — that's all we ask for," he added.

Chinese EV makers are being shut out of the US, so they're targeting Mexico and Brazil instead

<keyword id="19971628" type="General" weightage="20" keywordseo="electric" source="keywords">Electric</keyword> two-wheeler firm Pure EV on Monday said it has raised USD 8 million (around Rs 66 crore) from a consortium of investors. The funding was led by <keyword id="20642225" type="General" weightage="20" keywordseo="bennett-coleman" source="keywords">Bennett Coleman</keyword> and Company Ltd, Hindustan Times Media Ventures, alongside <keyword id="20642226" type="General" weightage="20" keywordseo="ushodaya-enterprises-pvt-ltd" source="keywords">Ushodaya Enterprises Pvt Ltd</keyword>, existing investors and high net-worth individuals, Pure EV said in a statement. The Hyderabad-based company said it is currently in the final stage of concluding its Series A1 funding round, amounting to USD 25 million with the participation of a foreign institutional investor. Concurrently, ongoing discussions are taking place with potential investors from Dubai, Hong Kong, and Singapore for Series A2 funding, targeting an infusion of USD 15 million, it added. "We will be rapidly expanding our pan-India sales network from 140 to 300 dealers in the next six months," Pure EV Co-Founder &amp; CEO <keyword id="20642224" type="General" weightage="20" keywordseo="rohit-vadera" source="keywords">Rohit Vadera</keyword> stated. The company sells a range of electric motorcycles and scooters and has already sold over 70,000 units. SEE ALSO:<a href="https://www.businessinsider.in/business/auto/webstories/retro-turned-electric-after-chetak-kinetic-luna-also-gets-a-new-lease-of-life/slidelist/107523076.cms" target="_blank"></a> <a href="https://www.businessinsider.in/business/auto/webstories/retro-turned-electric-after-chetak-kinetic-luna-also-gets-a-new-lease-of-life/slidelist/107523076.cms" target="_blank">Retro turned electric – After Chetak, Kinetic Luna also gets a new lease of life</a><a href="https://www.businessinsider.in/business/auto/news/mg-comet-price-slashed-indias-most-affordable-ev-gets-cheaper/articleshow/107451916.cms" target="_blank"></a> <a href="https://www.businessinsider.in/business/auto/news/mg-comet-price-slashed-indias-most-affordable-ev-gets-cheaper/articleshow/107451916.cms" target="_blank">MG Comet price slashed – India’s most affordable electric car gets cheaper</a><a href="https://www.businessinsider.in/business/auto/news/ola-electric-continues-to-lead-the-segment-in-electric-scooters-in-january-2024/articleshow/107424791.cms" target="_blank"></a> <a href="https://www.businessinsider.in/business/auto/news/ola-electric-continues-to-lead-the-segment-in-electric-scooters-in-january-2024/articleshow/107424791.cms" target="_blank">Electric scooter sales grow 26% in January as Bajaj, Ather jostle behind TVS and Ola</a>

Pure EV raises $8 million in latest funding round

<ul><li>The <keyword id="20688261" type="General" weightage="100" keywordseo="Motorola-Edge-50-Pro" source="Orion">Motorola Edge 50 Pro</keyword> flagship smartphone is scheduled to launch in India on April 3.</li><li>The device is the successor of the <keyword id="19960470" type="General" weightage="20" keywordseo="motorola" source="keywords">Motorola</keyword> Edge 30 Ultra smartphone that was launched in 2022.</li><li>Here’s everything we know so far about the upcoming flagship smartphone from Motorola.</li></ul>Motorola is all set to launch its latest flagship smartphone, the Motorola Edge 50 Pro in India on April 3. The company has already confirmed the launch date and some of the specifications of the device ahead of its launch in the country. The Motorola Edge 50 Pro has now been spotted on Geekbench, confirming the processor that will power the smartphone. While earlier reports had suggested that the device will be powered by the Snapdragon 8s Gen 3 chipset, the device has been spotted with the Snapdragon 7 Gen 3 chipset. <cmsannotation type="cmsannotation" annotationid="Motorola Edge 50 Pro launch date" comment="subhead" text="Motorola Edge 50 Pro launch date">Motorola Edge 50 Pro launch date</cmsannotation> The Motorola Edge 50 Pro will launch in India on April 3. The device is expected to go on sale soon after the launch. <cmsannotation type="cmsannotation" annotationid="Motorola Edge 50 Pro expected specifications" comment="subhead" text="Motorola Edge 50 Pro expected specifications">Motorola Edge 50 Pro expected specifications</cmsannotation> The Motorola Edge 50 Pro will come with Android 14 out of the box and is expected to get three years of Android updates and five years of security updates. It is confirmed to feature a 6.7-inch 1.5K 144Hz curved pOLED display with HDR10+ support and Corning Gorilla Glass 5 protection. As per a Geekbench listing, the device will be powered by the Snapdragon 7 Gen 3 chipset. It is the same chipset that OnePlus is expected to use for its Nord CE 4 smartphone that is scheduled to launch on April 1. The device is expected to offer up to 12GB RAM and 256GB of internal storage. Coming to the camera department, the Motorola Edge 50 Pro will be equipped with a triple camera setup at the back consisting of a 50MP primary camera, a 13MP ultra-wide-angle camera and a 10MP telephoto camera with 50x digital zoom. The company has claimed that the device will come with extensive AI-powered features for the cameras, including AI adaptive stabilisation and AI photo enhancement. In line with some of its recent smartphones, the Motorola Edge 50 Pro will also come with a vegan leather back. It is expected to be available in three colour options – Black, Purple and White. We should know more about the device, including its battery capacity and charging support in the coming days. SEE ALSO: <a href="https://www.businessinsider.in/business/auto/news/jsw-group-and-saic-motors-jv-jsw-mg-motor-india-set-to-up-production-to-3-lakh-vehicles-a-year-with-a-new-car-every-3-6-months/articleshow/108647799.cms">JSW Group and SAIC Motor’s JV ‘JSW MG Motor India’ set to up production to 3 lakh vehicles a year with a new car every 3-6 months</a> <a href="https://www.businessinsider.in/business/telecom/news/mobile-number-portability-revamped-to-reduce-sim-swap-frauds-here-are-the-new-rules/articleshow/108613683.cms">Mobile Number Portability revamped to reduce SIM swap frauds – Here are the new rules</a> <a href="https://www.businessinsider.in/business/auto/news/new-ev-policy-elon-musks-tesla-may-soon-enter-india-as-import-taxes-slashed-for-electric-vehicles/articleshow/108527306.cms">New EV Policy: Elon Musk’s Tesla may soon enter India as import taxes slashed for electric vehicles</a>

Motorola Edge 50 Pro to launch in India on April 3 – Everything we know so far

<ul class="summary-list"><li>Elon Musk warned Chinese EV firms could "demolish" rivals like Tesla without trade barriers.</li><li>It comes after BYD overtook Tesla as the world's largest producer of electric cars.</li></ul>A decade ago, <a target="_blank" href="https://www.businessinsider.com/elon-musk">Elon Musk</a> laughed off the <a target="_blank" href="https://www.businessinsider.com/tesla-will-probably-turn-profitable-in-2013-2011-10">threat posed by Chinese electric carmaker BYD</a>. He's not laughing now.The <a target="_blank" href="https://www.businessinsider.com/tesla">Tesla</a> CEO warned investors in <a target="_blank" href="https://www.businessinsider.com/tesla-stock-earnings-report-q4-call-tsla-price-live-updates-2024-1">a recent earnings call</a> that Chinese EV firms will "demolish" their Western rivals if trade barriers aren't put in place to limit their expansion, after <a target="_blank" href="https://www.businessinsider.com/china-byd-evs-beats-tesla-rewards-car-dealers-1-2024">BYD finally overtook Tesla</a> as the world's top seller of electric cars."The Chinese car companies are the most competitive car companies in the world," Musk told investors during Tesla's Q4 earnings call."If there are no trade barriers established, they will pretty much demolish most other car companies in the world," he added.Chinese EVs are <a target="_blank" href="https://www.businessinsider.com/biden-administration-considers-hiking-tariffs-on-chinese-evs-us-market-2023-12">already subject to a 25% tariff in the US</a>, which has largely kept them out of the US market.But lawmakers have called on the Biden administration to <a target="_blank" href="https://www.reuters.com/world/us/us-lawmakers-want-biden-hike-tariffs-chinese-made-vehicles-2023-11-08/">hike those tariffs even further,</a> and revisit trade rules with Mexico to prevent Chinese companies from using the US' southern neighbor <a target="_blank" href="https://democrats-selectcommitteeontheccp.house.gov/media/press-releases/krishnamoorthi-gallagher-issue-warning-surge-prc-automobile-exports-and-ccps">as a "backdoor" into the American market</a>.<h2>Chinese automakers are quicker and more flexible in their designs</h2>China's EV scene is booming, with the country accounting <a target="_blank" href="https://www.weforum.org/agenda/2023/05/electric-vehicles-ev-sales-growth-2022/">for nearly 60% of global EV sales</a> in 2022.Companies like BYD, Chery, and Geely have outcompeted Western rivals in China by offering a huge variety of electric models, <a target="_blank" href="https://www.businessinsider.com/tesla-rivals-china-electric-suv-byd-li-auto-geely-2023-1">often with very attractive prices</a> — and they're now <a target="_blank" href="https://www.cnbc.com/2023/09/05/chinas-electric-carmakers-byd-xpeng-ramp-up-push-overseas.html">eyeing overseas expansion</a> as the Chinese market becomes increasingly crowded.One reason for their success is that Chinese automakers can design and produce electric cars faster than traditional players, industry insiders say. "For the established, international automakers, normally they have six to eight years of lifetime for the product, and three to five years for development," Zhang Fan, head of design at state-owned Chinese automaker GAC, <a target="_blank" href="https://fortune.com/asia/2023/12/13/china-carmakers-design-electric-cars-twice-fast-ev-market-tesla-byd-gac-brainstorm-design/">recently told Fortune</a>."With the same amount of time, we've been evolving twice while the establishment only [does] once, so that's why we are growing so fast," he said.John Helveston, professor of engineering at George Washington University, agreed and told Business Insider that Chinese car makers are also more flexible in their designs than their US and Japanese counterparts."Legacy auto has this long history of being very conservative and making sure there's no issues. I think the Chinese companies are more willing to take risks and gamble with something and see how it goes," he said.Helveston said that this mentality has been assisted in part by China's lower safety standards, but this <a target="_blank" href="https://www.bloomberg.com/news/articles/2023-09-22/why-can-t-americans-buy-cheap-chinese-evs">may make it challenging</a> for these companies to export their cars overseas.Something else that may stop Chinese EV companies from overrunning the US market with cheap models is range. Chinese EV drivers generally require far less range than their US counterparts, Helveston said, allowing automakers to build cheaper cars with smaller batteries."The vast majority of Americans want to have 300 or more miles of range, which adds tens of thousands of dollars onto your car," he said.<h2>Tesla's China headache</h2>If Chinese EV firms can overcome these challenges, Tesla may face a similar headache in Western markets to that which it faces in China, where it has been <a target="_blank" href="https://www.cnbc.com/2023/12/20/tesla-cut-china-ev-prices-more-than-byd-did-for-its-flagship-han-sedan.html">forced to cut vehicle prices </a>to keep up with the cut-throat competition.Amid brutal competition in China, some Chinese automakers are looking to expand overseas. BYD, MG, and Chery are all reportedly <a target="_blank" href="https://www.businessinsider.com/chinese-ev-companies-byd-mg-plan-factories-mexico-washington-concern-2023-12">exploring building factories in Mexico</a>, raising the prospect that Tesla's Chinese rivals could be about to set up shop closer to home.Others are turning to innovations to stand out from the crowd. Tesla rival Nio has built <a target="_blank" href="https://www.nio.com/news/The-2000th-NIO-Power-Swap-Station">a network of over 2,000 "battery swapping" stations</a> across China, where drivers can replace dead EV batteries with fully charged ones in a process that can take less than five minutes.It also recently demoed an <a target="_blank" href="https://www.businessinsider.com/nio-has-developed-ev-battery-with-a-1-000km-range-2023-12">electric battery with a range of 1,000km</a> (620 miles).The company has <a target="_blank" href="https://www.autocar.co.uk/car-news/new-cars/nio-launch-europe-focused-affordable-ev-brand-imminently">ambitious plans</a> to expand its battery-swapping network and vehicle sales in Europe, one of Tesla's most important markets.Nio's Senior Vice President Dr. Fei Shen told BI that the company's ability to innovate is rooted in the sheer competitiveness of the Chinese market."The competition here in China is high. The companies who want to survive in this market have to have some innovative technology or some innovative business ideas," Dr. Shen said."Fortunately, we are a startup company. We don't have a lot of limitations on us, so it's easy for us to make some innovations from the very beginning. We don't have the burden of history on us," he added.

Elon Musk might be right. Chinese EV firms could 'demolish' their US rivals.      

<ul><li>The MG ZS electric vehicle is now available for purchase in 5 cities across India.</li><li>Customers who had pre-booked their ZS EV will get a discount of ₹1 lakh.</li><li>MG is offering a 5-year warranty on the car. Customers also get free fast charging at MG dealerships for a limited time period.</li></ul>MG Motor today launched its second car in India, the ZS EV. The variants Excite and Exclusive are priced at₹20.88 lakhs and ₹23.88 lakh, respectively. The British automaker who had a successful launch of MG Hector, is now doling out many attractive offers with the EV cars. Customers who have booked the car before January 17 will get a discount of ₹1 lakh. It is also offering a special warranty plan called MG eShield. This plan offers 5-year manufacturer's warranty for unlimited kilometers and 8-year or 1,50,000-kilometer warranty on the battery. The car which will be assembled at its Halol plant in Gujarat, is available for order in five cities – Delhi, Mumbai, Bengaluru, Hyderabad and Ahmedabad. “The ZS EV is a globally-successful product that operates at the intersection of an EV’s sustainability, an SUV’s practicality, and a sports car’s performance. It comes with best-in-class features and tech capabilities at a compelling price point. We are confident that this unprecedented value proposition will incentivise more consumers across India to go electric,” said Rajeev Chaba, President and MD – MG Motor India. The ZS EV’s running cost is pegged at ₹1 per km, as per electricity rates in Delhi-NCR. The carmaker also said that it has already received 2,800 bookings in 27 days after it announced it in December. “The number of bookings received for the ZS EV outpaces the total number of EV cars sold in India in 2019,” the press release says. Windmill inspires wheels The MG ZS EV can go from 0-100kmph in 8.5 seconds. It does not look radically different from regular cars, and that is probably by design. It has windmill-inspired wheels, projector headlamps with daytime running lights, and keyless entry/lock. Internally, the ZS EV has an 8-inch panel that helps manage the car. It comes with six airbags, 3-point seat belts for all passengers, a PM2.5 filter and a sunroof. The engine is rated at 141 BHP and 353Nm torque. MG claims that the ZS EV offers a range of up to 340km. MG has also set up fast chargers at its dealerships in the five cities mentioned above. These fast chargers can charge the ZS EV from 0-80% in 50 minutes. Buyers can charge their cars for free at these dealerships for a limited time period. Apart from this, MG will install a 7.4kW AC charger at the home or office of the car owners. This charger can fully replenish the battery of the ZS EV in 6-8 hours. See also: <a href="https://www.businessinsider.in/business/auto/news/mg-motors-new-car-mg-zs-ev-is-5g-ready-and-other-tech-features/articleshow/72342064.cms">MG Motors’ 5G ready electric car will send low battery-over speeding alerts – and even understand Indian accent</a> <a href="https://www.businessinsider.in/policy/economy/8-ideas-for-budget-2020-to-make-ev-batteries-cheaper/articleshow/73302145.cms">8 ideas for Budget 2020 to make EV batteries cheaper</a> <a href="https://www.businessinsider.in/budget/news/budget-2020-auto-industry-expectations-range-from-gst-cuts-to-another-ev-boost/articleshow/73250322.cms">Budget 2020: Auto industry expectations range from GST cuts to another EV boost</a>

MG ZS EV’s advance bookings are higher than all of 2019’s EV sales

<ul><li><keyword id="5985844" type="UNKNOWN" weightage="20" keywordseo="MG-Motors">MG Motors</keyword> is launching its electric car <keyword id="8107599" type="UNKNOWN" weightage="20" keywordseo="mg-zs-ev">MG ZS EV</keyword> in early December.</li><li>India is still warming up to <keyword id="186291" type="ORGANIZATION" weightage="20" keywordseo="EV">EV</keyword> adoption and the biggest roadblock is the lack of charging infrastructure. </li><li>In 2017, India had 222 publicly accessible charging points located in top cities. </li></ul>Iconic carmaker MG Motors has had a warm welcome in India, and now its charging things up with an electric car. It’s launching the MG ZS EV in early December – a car that will hopefully make electric cars in India sexy. The British company which is now owned by Chinese SIAC entered the India automobile market with a mid-size SUV, MG Hector in June 2019 and received an overwhelming response. It had to stop bookings after receiving<a href="https://www.businessinsider.in/mg-hector-suv-stops-bookings-as-demand-is-high-with-21000-bookings-in-a-month/articleshow/70287617.cms"> 21,000 of them within a month</a>. Now, it hopes to have a similar path with its electric car with the launch slated to be on December 5. It will join the two other EV options in India – Mahindra eVerito and Hyundai Kona Electric. Lack of charging infrastructure All the <keyword id="6354973" type="UNKNOWN" weightage="20" keywordseo="electric-vehicles">electric vehicles</keyword> launched and yet to be launched have a rocky road ahead. And not just because the car sales in general is on a slow lane for the last one year. The cars need an extensive charging infrastructure and India had a mere 222 publicly accessible charging points in 2017 and that too in top cities. So MG is developing charging infrastructure as well. Days ahead of its EV launch, MG Motors launched the first 50 kW DC charging station at its flagship showroom at Gurugram – n partnership with Fortum Charge &amp; Drive India. They plan to add four more stations across Delhi NCR. It is planning to open them in Mumbai, Bengaluru, Hyderabad and Ahmedabad. “With an aim to be the leader in the EV segment in India, we are pulling out all the stops to ensure adequate charging infrastructure for our first EV customers. Our endeavour is to create a robust ecosystem for EVs, right from charging to end-of-life for electric vehicles in India and the installation of the first public fast charger is the first major step in this direction,” said Rajeev Chaba, president and managing director at , MG Motor India. However, it’s not alone. Tata Motors too is setting up 500 EV charging stations in five cities – Mumbai, Delhi, Pune, Bengaluru, and Hyderabad – over the next two years. What the Indian government is doing The Indian government has set a mission – to convert 30% of cars on the roads to electric by 2030. The Bureau of Energy Efficiency (BEE), under the Ministry of Power, has been given the authority to set up charging stations across the country. In a study done by the BEE and Ernst &amp; Young, it was projected that by 2030, Delhi would have 22.6 lakh charging stations, Lucknow would have 6.3 lakhs while Nagpur would have 2.6 lakhs. And there is the problem of the cost. “The retail pricing has been determined to be ₹4 per minute of charging that the operator is likely to charge the EV user with capital subsidy,” the study said. “At least one charging station should be available in a grid of 3 Km X 3 Km in the cities and one charging station at every 25 km on both sides of highways/roads,” Power Minister RK Singh said recently. Finance Minister Nirmala Sitharaman also announced tax subsidy for people who buy electric cars during the Union Budget. “To make electric vehicles affordable to consumers, our government will provide additional income tax deduction of ₹1.5 lakh on the interest paid on loans taken to purchase electric vehicles. This amounts to a benefit of around ₹2.5 lakh over the loan period to the taxpayers who take loans to purchase electric vehicles,” she had said. See Also: <a href="https://www.businessinsider.in/mg-hector-suv-stops-bookings-as-demand-is-high-with-21000-bookings-in-a-month/articleshow/70287617.cms">MG Hector SUV stops bookings in India after 21,000 in a month</a> <a href="https://www.businessinsider.in/business/news/kia-seltos-and-mg-hector-the-two-cars-that-shined-bright-amidst-slowdown/articleshow/71918350.cms">Kia Seltos and MG Hector – the two cars that beat the slowdown blues</a>

MG Motors' second car in India will be electric – and so it has to offer charging stations too

<ul><li><keyword id="215177" type="General" weightage="20" keywordseo="vivo" source="Orion">Vivo</keyword> has launched the X90 and X90 Pro flagship smartphones in India.</li><li>The <keyword id="15108064" type="General" weightage="20" keywordseo="vivo-x90" source="Orion">Vivo X90</keyword> and X90 Pro are priced starting at ₹59,999 in the country.</li><li>The devices are equipped with ZEISS optics and are powered by the Dimensity 9200 chipset.</li></ul> Chinese smartphone maker Vivo today announced the launch of its latest flagship X90 series in India. The X90 series includes two smartphones, the vanilla Vivo X90 and the premium <keyword id="14092776" type="General" weightage="20" keywordseo="vivo-x90-pro" source="Orion">Vivo X90 Pro</keyword>, the successors of the<a href="https://www.businessinsider.in/tech/mobile/news/vivo-x80-pro-is-the-sum-of-the-best-that-vivo-has-to-offer/articleshow/92560860.cms"> Vivo X80</a> series that was launched in India in 2022. The Vivo X90 series was launched in China in November 2022 and has finally made its way to India. The company had also launched the Vivo X90 Pro+ China, but there has yet to be any information about its India launch. <cmsannotation type="cmsannotation" annotationid="Vivo X90 and X90 Pro price in India" comment="subhead" text="Vivo X90 and X90 Pro price in India">Vivo X90 and X90 Pro price in India</cmsannotation> The Vivo X90 has been priced at ₹59,999 for the 8GB RAM + 256GB internal storage variant and ₹63,999 for the 12GB RAM + 256GB internal storage variant. It comes in Asteroid Black and Breeze Blue colour options. The Vivo X90 Pro, on the other hand, is priced at ₹84,999 for the lone 12GB RAM + 256GB storage variant. It comes in a single Legendary Black colour option. Both devices will be available from Flipkart, Vivo online store, and the company’s authorised retailers across the country from May 5. <cmsannotation type="cmsannotation" annotationid="Vivo X90 and X90 Pro launch offers" comment="subhead" text="Vivo X90 and X90 Pro launch offers">Vivo X90 and X90 Pro launch offers</cmsannotation> As part of the launch offers, customers who pre-book the Vivo X90 or the X90 Pro can avail of up to 10% cashback on cards from ICICI Bank, SBI, HDFC Bank, and IDFC Bank. In addition, buyers can also avail a discount of up to 40% on V-Shield, Vivo’s device protection plan. <cmsannotation type="cmsannotation" annotationid="Vivo X90 and X90 Pro specifications" comment="subhead" text="Vivo X90 and X90 Pro specifications">Vivo X90 and X90 Pro specifications</cmsannotation> The Vivo X90 and X90 Pro feature a 6.78-inch Full HD+ Q9 OLED HDR10+ display with a 120Hz refresh rate and 2160Hz ultra-high frequency PWM dimming. Both the devices run on Android 13 out of the box with the company’s ColorOS 13 skin on top. <div type="image" title="x90" msid="99782448" hostid="261" sizebytes="32834" caption="&amp;lt;p&amp;gt;Vivo X90&amp;lt;/p&amp;gt;"></div> The Vivo X90 and X90 Pro smartphones are equipped with the MediaTek Dimensity 9200 chipset. While the X90 comes in 8GB RAM + 256GB storage and 12GB RAM + 256GB storage options, the X90 Pro is offered in a single 12GB RAM + 256GB storage option. Coming to the camera department, both the devices come with Vivo-ZEISS co-engineered imaging system. The Vivo X90 features a triple camera setup at the back, consisting of a 50MP primary camera with Sony IMX866 sensor, OIS, VCS bionic spectrum, a 12MP ultra-wide-angle sensor with f/2.0 aperture and a 12MP portrait camera with 2x zoom. On the other hand, the Vivo X90 Pro comes with a 50MP primary camera with a 1-inch Sony IMX989 sensor, a 12MP Sony IMX663 ultra-wide-angle sensor with f/2.0 aperture and a 50MP Sony IMX758 portrait sensor. Both the devices feature a 32MP selfie camera with f/2.45 aperture. While the Vivo X90 is powered by a 4,810mAh battery with 120W fast charging, the Vivo X90 Pro is equipped with a slightly bigger 4,870mAh battery with 120W fast charging and 50W wireless charging. SEE ALSO: <a href="https://www.businessinsider.in/business/auto/news/mg-comet-ev-two-door-electric-car-with-230-km-range-launched-in-india-check-out-price/slidelist/99779639.cms">MG Comet EV with a 230 km range launched in India starting at ₹7.98 lakh</a> <a href="https://www.businessinsider.in/tech/mobile/news/indian-smartphone-shipments-decline-by-20-in-q1-2023-as-per-canalys/articleshow/99633303.cms">Oppo bucks the trend as India’s smartphone shipments drop 20% in Q1 2023: Canalys</a> <a href="https://www.businessinsider.in/business/news/jiocinema-may-soon-launch-premium-subscription-plans-offering-4k-content-starting-at-2-per-day/articleshow/99736111.cms">JioCinema may soon launch premium subscription plans starting at ₹2 per day</a>

You Searched For "mg ev price" and got 10 results

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