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Added on the 05/12/2019 08:08:31 - Copyright : Auto Moto EN
The European Commission proposes a three-year delay on tariffs on electric vehicles that are sold to, or imported from, Britain that was due to apply from January. The commission, the EU's executive arm, says it decided a one-off extension after the automotive industry raised concerns about the massive costs that would arise from a post-Brexit 10-percent tariff. Maros Sefcovic, EU Commission Vice President, calls the proposal "balanced and forward-looking" which "supports the competitiveness of our industry and protect jobs in the European Union" SOUNDBITE
"Global markets are now flooded with cheaper Chinese electric cars" says European Commission president Ursula von der Leyen, "and their price is kept artificially low by huge state subsidies". The comments -- made to the European Parliament in Strasbourg -- come as Brussels announces it will investigate Chinese state subsidies for electric vehicles in order to protect the European market from "distortion." SOUNDBITE
German auto giant Volkswagen unveils a new budget electric vehicle, as the competition in the EV sector revs up. The ID. 2all model, with front-wheel drive and a range of up to 450 kilometres (280 miles), will be priced under 25,000 euros ($26,300) when it hits the European market in 2025, the manufacturer said. IMAGES
Hong Kong, Sep 27 (EFE/EPA).- (Camera: Jerome Favre) The shares of the electric vehicle subsidiary of Chinese real estate giant Evergrande fell almost 26 percent at the Hong Kong Stock Exchange on Monday after it disclosed not having sufficient liquidity for pending payments and operations.China Evergrande New Energy Vehicle Group's shares experienced a sharp fall at the start of trading session, but the decline moderated to around 11.2 percent after 11 am.FOOTAGE OF THE HONG KONG STOCK EXCHANGE MARKET.
Moscow (Russia), Jul 14 (EFE / EPA) .- (CAMERA: Maxim Shipenkov) The developer L-Charge today presented its ultra-fast multi-fuel mobile charger for electric vehicles in Moscow.
Wolfsburg (Germany), March 24 (EFE / EPA) .- (Camera: Focke Strangmann) The German automaker Volkswagen on Friday began the distribution of its new ID.4 electric car in Germany.FOOTAGE OF THE PRESENTATION OF THE VOLKSWAGEN NEW ELECTRIC CAR IN WOLFSBURG, GERMANY.