{"id":114338,"date":"2024-10-15T08:15:47","date_gmt":"2024-10-15T01:15:47","guid":{"rendered":"https:\/\/hotvideos24.online\/?p=114338"},"modified":"2024-10-15T08:15:47","modified_gmt":"2024-10-15T01:15:47","slug":"paris-motor-show-opens-during-a-brewing-ev-trade-war-between-the-eu-and-china","status":"publish","type":"post","link":"https:\/\/hotvideos24.online\/?p=114338","title":{"rendered":"Paris Motor Show opens during a brewing EV trade war between the EU and China"},"content":{"rendered":"<p> <script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-3711241968723425\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-format=\"fluid\"\r\n     data-ad-layout-key=\"-fb+5w+4e-db+86\"\r\n     data-ad-client=\"ca-pub-3711241968723425\"\r\n     data-ad-slot=\"7910942971\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><br \/>\n<\/p>\n<div>\n<p>PARIS (AP) \u2014 <a href=\"https:\/\/apnews.com\/hub\/auto-industry\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:Auto manufacturers;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">Auto manufacturers<\/a> competing to persuade drivers to <a href=\"https:\/\/apnews.com\/hub\/electric-vehicles\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:go electric;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">go electric<\/a> are rolling out cheaper, more tech-rich models at the Paris Motor Show, targeting everyone from luxury clients to students yet to receive their driving licenses.<\/p>\n<p>The biennial show has long been a major industry showcase, tracing its history to 1898.<\/p>\n<p>Chinese manufacturers are attending in force, despite European Union threats to <a href=\"https:\/\/apnews.com\/article\/eu-china-ev-electric-vehicles-duties-tariffs-1ae2ff03f316de858d077595f9cc148b\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:punitively tax imports;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">punitively tax imports<\/a> of their electric vehicles in <a href=\"https:\/\/apnews.com\/article\/china-eu-tariffs-brandy-4fd38e01790bdc0c7191589fe946e7f7\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:a brewing trade war;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">a brewing trade war<\/a> with Beijing. Long-established European manufacturers are fighting back with new efforts to win consumers who have balked at high-priced EVs.<\/p>\n<p>Here&#8217;s a look at the show&#8217;s opening day on Monday.<\/p>\n<p>More new models from China<\/p>\n<p>Chinese EV startups Leapmotor and XPeng showcased models they said incorporate artificial intelligence technology.<\/p>\n<p>Leapmotor, founded in 2015, unveiled a compact electric-powered SUV, the B10. It will be manufactured in Poland for European buyers, said Leapmotor&#8217;s head of product planning, Zhong Tianyue. Leapmotor didn&#8217;t announce a price for the B10 that will launch next year.<\/p>\n<p>Leapmotor also said a smaller electric commuter car it showcased in Paris, the T03, will retail from a competitive 18,900 euros ($20,620). Those sold in France will be imported from China but assembled in Poland, Zhong said.<\/p>\n<p>Leapmotor also announced a starting price of 36,400 euros ($39,700) in Europe for its larger family car, the C10.<\/p>\n<p>Sales outside of China are through a joint venture with Stellantis, the world\u2019s fourth largest carmaker. Leapmotor said European sales started in September.<\/p>\n<p>XPeng braces for tariff hit<\/p>\n<p>Attending the Paris show for the first time, the decade-old Chinese EV manufacturer XPeng unveiled a sleek sedan, the P7+.<\/p>\n<p>CEO He Xiaopeng said XPeng aims to deliver in Europe from next year. Intended European prices for the P7+ weren&#8217;t given, but the CEO said they will start in China at 209,800 yuan, the equivalent of 27,100 euros, or $29,600.<\/p>\n<p>XPeng&#8217;s president, Brian Gu, said the EU&#8217;s threatened import duties could complicate the company&#8217;s expansion plans if Brussels and Beijing don&#8217;t find an amicable solution to their trade dispute before an end-of-October deadline.<\/p>\n<p>Brussels says subsidies help Chinese companies to unfairly undercut EU industry prices, with Chinese-built electric cars jumping from 3.9% of the EV market in 2020 to 25% by September 2023.<\/p>\n<p>\u201cThe tariff will put a lot of pressure on our business model. It&#8217;s a direct hit on our margin, which is already not very high,&#8221; Gu said.<\/p>\n<p>Vehicles for young teens<\/p>\n<p><button class=\"link caas-button readmore-button-finance collapse-button readmore-button-class\" data-ylk=\"elm:readmore;slk:Story continues\"><span class=\"readmoreButtonText\">Story continues<\/span><\/button><\/p>\n<p>Manufacturers of small electric vehicles that can be driven in Europe without a license are finding a growing market among teens as young as 14 and their parents who, for safety reasons, prefer that they zip around on four wheels than on motorbikes.<\/p>\n<p>Several manufacturers of the two-seaters are showcasing in Paris, including France&#8217;s Citroen. The starting price for its Ami, or \u201cFriend,\u201d is just under 8,000 euros ($8,720). Launched in France in 2020, the plastic-shelled vehicle is now also sold in other European markets and in Turkey, Morocco and South America.<\/p>\n<p>\u201cIt&#8217;s not a car. It&#8217;s a mobility object,\u201d said Citroen&#8217;s product chief for the Ami, Alain Le Gouguec.<\/p>\n<p>European legislation allows teenagers without a full license to drive the Ami and similar buggies from age 14 after an eight-hour training course. They&#8217;re limited to a top speed of 45 kilometers per hour (28 mph).<\/p>\n<p>The vehicles are also finding markets among adults who lost their license for driving infractions or who never got a full license, and outside cities in areas with poor transport.<\/p>\n<p>Renault subsidiary Mobilize said that even in winter&#8217;s energy-sapping cold its two-seater, no-license, plastic-shelled Duo can go 100 kilometers (over 60 miles) between charges. A phone app acts as its door and ignition key.<\/p>\n<p>Another French manufacturer, Ligier, sells its no-license two-seaters in both diesel and electric versions.<\/p>\n<\/div>\n<p><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-3711241968723425\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-format=\"fluid\"\r\n     data-ad-layout-key=\"-fb+5w+4e-db+86\"\r\n     data-ad-client=\"ca-pub-3711241968723425\"\r\n     data-ad-slot=\"7910942971\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><br \/>\n<br \/><div data-type=\"_mgwidget\" data-widget-id=\"1660802\">\r\n<\/div>\r\n<script>(function(w,q){w[q]=w[q]||[];w[q].push([\"_mgc.load\"])})(window,\"_mgq\");\r\n<\/script>\r\n<br \/>\n<br \/><a href=\"https:\/\/finance.yahoo.com\/news\/paris-motor-show-opens-during-171436499.html\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PARIS (AP) \u2014 Auto manufacturers competing to persuade drivers to go electric are rolling out cheaper, more tech-rich models at the Paris Motor Show, targeting everyone from luxury clients to &hellip; <a href=\"https:\/\/hotvideos24.online\/?p=114338\" class=\"more-link\">Read More<\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-114338","post","type-post","status-publish","format-standard","hentry","category-business","entry"],"_links":{"self":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/posts\/114338","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=114338"}],"version-history":[{"count":0,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/posts\/114338\/revisions"}],"wp:attachment":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=114338"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=114338"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=114338"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}