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On Tue, 15 Oct, 12:06 AM UTC
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[1]
Brewing EV trade war between the EU and China takes center stage at Paris Motor Show
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 students yet to receive their driving licenses. The biennial show has long been a major industry showcase, tracing its history to 1898. Chinese manufacturers are attending in force, despite European Union threats to punitively tax imports of their electric vehicles in a brewing trade war with Beijing. Long-established European manufacturers are fighting back with new efforts to win consumers who have balked at high-priced EVs. Here's a look at the show's opening day on Monday. Chinese EV startups Leapmotor and XPeng showcased models they said incorporate artificial intelligence technology. Leapmotor, founded in 2015, unveiled a compact electric-powered SUV, the B10. It will be manufactured in Poland for European buyers, said Leapmotor's head of product planning, Zhong Tianyue. Leapmotor didn't announce a price for the B10 that will launch next year. 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. Leapmotor also announced a starting price of 36,400 euros ($39,700) in Europe for its larger family car, the C10. Sales outside of China are through a joint venture with Stellantis, the world's fourth largest carmaker. Leapmotor said European sales started in September. Attending the Paris show for the first time, the decade-old Chinese EV manufacturer XPeng unveiled a sleek sedan, the P7+. CEO He Xiaopeng said XPeng aims to deliver in Europe from next year. Intended European prices for the P7+ weren't given, but the CEO said they will start in China at 209,800 yuan, the equivalent of 27,100 euros, or $29,600. XPeng's president, Brian Gu, said the EU's threatened import duties could complicate the company's expansion plans if Brussels and Beijing don't find an amicable solution to their trade dispute before an end-of-October deadline. 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. "The tariff will put a lot of pressure on our business model. It's a direct hit on our margin, which is already not very high," Gu said. 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. Several manufacturers of the two-seaters are showcasing in Paris, including France's Citroen. The starting price for its Ami, or "Friend," 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. "It's not a car. It's a mobility object," said Citroen's product chief for the Ami, Alain Le Gouguec. 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're limited to a top speed of 45 kilometers per hour (28 mph). 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. Renault subsidiary Mobilize said that even in winter'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. Another French manufacturer, Ligier, sells its no-license two-seaters in both diesel and electric versions.
[2]
Paris Motor Show opens during brewing EV trade war between EU, China
The 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 students yet to receive their driving licenses. The biennial show has long been a major industry showcase, tracing its history to 1898. Chinese manufacturers are attending in force, despite European Union threats to punitively tax imports of their electric vehicles in a brewing trade war with Beijing. Long-established European manufacturers are fighting back with new efforts to win consumers who have balked at high-priced EVs. Chinese EV startups Leapmotor and XPeng showcased models they said incorporate artificial intelligence technology. Leapmotor, founded in 2015, unveiled a compact electric-powered SUV, the B10. It will be manufactured in Poland for European buyers, said Leapmotor's head of product planning, Zhong Tianyue. Leapmotor didn't announce a price for the B10 that will launch next year. 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. Leapmotor also announced a starting price of 36,400 euros ($39,700) in Europe for its larger family car, the C10. Sales outside of China are through a joint venture with Stellantis, the world's fourth largest carmaker. Leapmotor said European sales started in September. Xpeng braces for tariff hit Attending the Paris show for the first time, the decade-old Chinese EV manufacturer XPeng unveiled a sleek sedan, the P7+. CEO He Xiaopeng said XPeng aims to deliver in Europe from next year. Intended European prices for the P7+ weren't given, but the CEO said they will start in China at 209,800 yuan, the equivalent of 27,100 euros, or $29,600. XPeng's president, Brian Gu, said the EU's threatened import duties could complicate the company's expansion plans if Brussels and Beijing don't find an amicable solution to their trade dispute before an end-of-October deadline. 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. "The tariff will put a lot of pressure on our business model. It's a direct hit on our margin, which is already not very high," Gu said. Vehicles for young teens 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. Several manufacturers of the two-seaters are showcasing in Paris, including France's Citroen. The starting price for its Ami, or "Friend," 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. "It's not a car. It's a mobility object," said Citroen's product chief for the Ami, Alain Le Gouguec. 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're limited to a top speed of 45 kilometers per hour (28 mph). 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. Renault subsidiary Mobilize said that even in winter'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. Another French manufacturer, Ligier, sells its no-license two-seaters in both diesel and electric versions.
[3]
Paris Motor Show opens during a brewing EV trade war between the EU and China
PARIS (AP) -- 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 students yet to receive their driving licenses. The biennial show has long been a major industry showcase, tracing its history to 1898. Chinese manufacturers are attending in force, despite European Union threats to punitively tax imports of their electric vehicles in a brewing trade war with Beijing. Long-established European manufacturers are fighting back with new efforts to win consumers who have balked at high-priced EVs. Chinese EV startups Leapmotor and XPeng showcased models they said incorporate artificial intelligence technology. Leapmotor, founded in 2015, unveiled a compact electric-powered SUV, the B10. It will be manufactured in Poland for European buyers, said Leapmotor's head of product planning, Zhong Tianyue. Leapmotor didn't announce a price for the B10 that will launch next year. 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. Leapmotor also announced a starting price of 36,400 euros ($39,700) in Europe for its larger family car, the C10. Sales outside of China are through a joint venture with Stellantis, the world's fourth largest carmaker. Leapmotor said European sales started in September. XPENG BRACES FOR TARIFF HIT Attending the Paris show for the first time, the decade-old Chinese EV manufacturer XPeng unveiled a sleek sedan, the P7+. CEO He Xiaopeng said XPeng aims to deliver in Europe from next year. Intended European prices for the P7+ weren't given, but the CEO said they will start in China at 209,800 yuan, the equivalent of 27,100 euros, or $29,600. XPeng's president, Brian Gu, said the EU's threatened import duties could complicate the company's expansion plans if Brussels and Beijing don't find an amicable solution to their trade dispute before an end-of-October deadline. 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. "The tariff will put a lot of pressure on our business model. It's a direct hit on our margin, which is already not very high," Gu said. 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. Several manufacturers of the two-seaters are showcasing in Paris, including France's Citroen. The starting price for its Ami, or "Friend," 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. "It's not a car. It's a mobility object," said Citroen's product chief for the Ami, Alain Le Gouguec. 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're limited to a top speed of 45 kilometers per hour (28 mph). 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. Renault subsidiary Mobilize said that even in winter'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. Another French manufacturer, Ligier, sells its no-license two-seaters in both diesel and electric versions.
[4]
Paris Motor Show opens during a brewing EV trade war between the EU and China
PARIS (AP) -- 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 students yet to receive their driving licenses. The biennial show has long been a major industry showcase, tracing its history to 1898. Chinese manufacturers are attending in force, despite European Union threats to punitively tax imports of their electric vehicles in a brewing trade war with Beijing. Long-established European manufacturers are fighting back with new efforts to win consumers who have balked at high-priced EVs. Here's a look at the show's opening day on Monday. Chinese EV startups Leapmotor and XPeng showcased models they said incorporate artificial intelligence technology. Leapmotor, founded in 2015, unveiled a compact electric-powered SUV, the B10. It will be manufactured in Poland for European buyers, said Leapmotor's head of product planning, Zhong Tianyue. Leapmotor didn't announce a price for the B10 that will launch next year. 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. Leapmotor also announced a starting price of 36,400 euros ($39,700) in Europe for its larger family car, the C10. Sales outside of China are through a joint venture with Stellantis, the world's fourth largest carmaker. Leapmotor said European sales started in September. Attending the Paris show for the first time, the decade-old Chinese EV manufacturer XPeng unveiled a sleek sedan, the P7+. CEO He Xiaopeng said XPeng aims to deliver in Europe from next year. Intended European prices for the P7+ weren't given, but the CEO said they will start in China at 209,800 yuan, the equivalent of 27,100 euros, or $29,600. XPeng's president, Brian Gu, said the EU's threatened import duties could complicate the company's expansion plans if Brussels and Beijing don't find an amicable solution to their trade dispute before an end-of-October deadline. 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. "The tariff will put a lot of pressure on our business model. It's a direct hit on our margin, which is already not very high," Gu said. 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. Several manufacturers of the two-seaters are showcasing in Paris, including France's Citroen. The starting price for its Ami, or "Friend," 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. "It's not a car. It's a mobility object," said Citroen's product chief for the Ami, Alain Le Gouguec. 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're limited to a top speed of 45 kilometers per hour (28 mph). 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. Renault subsidiary Mobilize said that even in winter'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. Another French manufacturer, Ligier, sells its no-license two-seaters in both diesel and electric versions.
[5]
Paris Motor Show opens during a brewing EV trade war between the EU and China
Auto manufacturers at the Paris Motor Show are unveiling more affordable and tech-rich electric vehicles. Chinese firms like Leapmotor and XPeng showcased new models despite potential EU tariffs. Small EVs for teens and adults without licenses are growing in popularity. Citroen and Renault are among the European manufacturers highlighting these vehicles.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 students yet to receive their driving licenses. The biennial show has long been a major industry showcase, tracing its history to 1898. Chinese manufacturers are attending in force, despite European Union threats to punitively tax imports of their electric vehicles in a brewing trade war with Beijing. Long-established European manufacturers are fighting back with new efforts to win consumers who have balked at high-priced EVs. Here's a look at the show's opening day on Monday. More new models from China Chinese EV startups Leapmotor and XPeng showcased models they said incorporate artificial intelligence technology. Leapmotor, founded in 2015, unveiled a compact electric-powered SUV, the B10. It will be manufactured in Poland for European buyers, said Leapmotor's head of product planning, Zhong Tianyue. Leapmotor didn't announce a price for the B10 that will launch next year. 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. Leapmotor also announced a starting price of 36,400 euros ($39,700) in Europe for its larger family car, the C10. Sales outside of China are through a joint venture with Stellantis, the world's fourth largest carmaker. Leapmotor said European sales started in September. XPeng braces for tariff hit Attending the Paris show for the first time, the decade-old Chinese EV manufacturer XPeng unveiled a sleek sedan, the P7+. CEO He Xiaopeng said XPeng aims to deliver in Europe from next year. Intended European prices for the P7+ weren't given, but the CEO said they will start in China at 209,800 yuan, the equivalent of 27,100 euros, or $29,600. XPeng's president, Brian Gu, said the EU's threatened import duties could complicate the company's expansion plans if Brussels and Beijing don't find an amicable solution to their trade dispute before an end-of-October deadline. 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. "The tariff will put a lot of pressure on our business model. It's a direct hit on our margin, which is already not very high," Gu said. Vehicles for young teens 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. Several manufacturers of the two-seaters are showcasing in Paris, including France's Citroen. The starting price for its Ami, or "Friend," 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. "It's not a car. It's a mobility object," said Citroen's product chief for the Ami, Alain Le Gouguec. 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're limited to a top speed of 45 kilometers per hour (28 mph). 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. Renault subsidiary Mobilize said that even in winter'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. Another French manufacturer, Ligier, sells its no-license two-seaters in both diesel and electric versions.
[6]
Paris Motor Show opens during a brewing EV trade war between the EU and China
PARIS -- PARIS (AP) -- 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 students yet to receive their driving licenses. The biennial show has long been a major industry showcase, tracing its history to 1898. Chinese manufacturers are attending in force, despite European Union threats to punitively tax imports of their electric vehicles in a brewing trade war with Beijing. Long-established European manufacturers are fighting back with new efforts to win consumers who have balked at high-priced EVs. Here's a look at the show's opening day on Monday. Chinese EV startups Leapmotor and XPeng showcased models they said incorporate artificial intelligence technology. Leapmotor, founded in 2015, unveiled a compact electric-powered SUV, the B10. It will be manufactured in Poland for European buyers, said Leapmotor's head of product planning, Zhong Tianyue. Leapmotor didn't announce a price for the B10 that will launch next year. 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. Leapmotor also announced a starting price of 36,400 euros ($39,700) in Europe for its larger family car, the C10. Sales outside of China are through a joint venture with Stellantis, the world's fourth largest carmaker. Leapmotor said European sales started in September. Attending the Paris show for the first time, the decade-old Chinese EV manufacturer XPeng unveiled a sleek sedan, the P7+. CEO He Xiaopeng said XPeng aims to deliver in Europe from next year. Intended European prices for the P7+ weren't given, but the CEO said they will start in China at 209,800 yuan, the equivalent of 27,100 euros, or $29,600. XPeng's president, Brian Gu, said the EU's threatened import duties could complicate the company's expansion plans if Brussels and Beijing don't find an amicable solution to their trade dispute before an end-of-October deadline. 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. "The tariff will put a lot of pressure on our business model. It's a direct hit on our margin, which is already not very high," Gu said. 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. Several manufacturers of the two-seaters are showcasing in Paris, including France's Citroen. The starting price for its Ami, or "Friend," 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. "It's not a car. It's a mobility object," said Citroen's product chief for the Ami, Alain Le Gouguec. 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're limited to a top speed of 45 kilometers per hour (28 mph). 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. Renault subsidiary Mobilize said that even in winter'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. Another French manufacturer, Ligier, sells its no-license two-seaters in both diesel and electric versions.
[7]
Paris Motor Show Opens During a Brewing EV Trade War Between the EU and China
PARIS (AP) -- 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 students yet to receive their driving licenses. The biennial show has long been a major industry showcase, tracing its history to 1898. Chinese manufacturers are attending in force, despite European Union threats to punitively tax imports of their electric vehicles in a brewing trade war with Beijing. Long-established European manufacturers are fighting back with new efforts to win consumers who have balked at high-priced EVs. Chinese EV startups Leapmotor and XPeng showcased models they said incorporate artificial intelligence technology. Leapmotor, founded in 2015, unveiled a compact electric-powered SUV, the B10. It will be manufactured in Poland for European buyers, said Leapmotor's head of product planning, Zhong Tianyue. Leapmotor didn't announce a price for the B10 that will launch next year. 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. Leapmotor also announced a starting price of 36,400 euros ($39,700) in Europe for its larger family car, the C10. Sales outside of China are through a joint venture with Stellantis, the world's fourth largest carmaker. Leapmotor said European sales started in September. XPENG BRACES FOR TARIFF HIT Attending the Paris show for the first time, the decade-old Chinese EV manufacturer XPeng unveiled a sleek sedan, the P7+. CEO He Xiaopeng said XPeng aims to deliver in Europe from next year. Intended European prices for the P7+ weren't given, but the CEO said they will start in China at 209,800 yuan, the equivalent of 27,100 euros, or $29,600. XPeng's president, Brian Gu, said the EU's threatened import duties could complicate the company's expansion plans if Brussels and Beijing don't find an amicable solution to their trade dispute before an end-of-October deadline. 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. "The tariff will put a lot of pressure on our business model. It's a direct hit on our margin, which is already not very high," Gu said. VEHICLES FOR YOUNG TEENS 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. Several manufacturers of the two-seaters are showcasing in Paris, including France's Citroen. The starting price for its Ami, or "Friend," 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. "It's not a car. It's a mobility object," said Citroen's product chief for the Ami, Alain Le Gouguec. 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're limited to a top speed of 45 kilometers per hour (28 mph). 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. Renault subsidiary Mobilize said that even in winter'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. Another French manufacturer, Ligier, sells its no-license two-seaters in both diesel and electric versions. Copyright 2024 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
[8]
Paris Motor Show opens during a brewing EV trade war between the EU and China
(AP) -- 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 students yet to receive their driving licenses. The biennial show has long been a major industry showcase, tracing its history to 1898. Chinese manufacturers are attending in force, despite threats to punitively tax imports of their electric vehicles in a brewing trade war with . Long-established European manufacturers are fighting back with new efforts to win consumers who have balked at high-priced EVs. Chinese EV startups Leapmotor and showcased models they said incorporate artificial intelligence technology. Leapmotor, founded in 2015, unveiled a compact electric-powered SUV, the B10. It will be manufactured in for European buyers, said Leapmotor's head of product planning, Zhong Tianyue. Leapmotor didn't announce a price for the B10 that will launch next year. 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 . "The tariff will put a lot of pressure on our business model. It's a direct hit on our margin, which is already not very high," Gu said. VEHICLES FOR YOUNG TEENS Manufacturers of small electric vehicles that can be driven in 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. Several manufacturers of the two-seaters are showcasing in , including Citroen. The starting price for its Ami, or "Friend," is just under (). Launched in in 2020, the plastic-shelled vehicle is now also sold in other European markets and in , and . "It's not a car. It's a mobility object," said Citroen's product chief for the Ami, Alain Le Gouguec. 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're limited to a top speed of 45 kilometers per hour (28 mph). 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. subsidiary Mobilize said that even in winter'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. Another French manufacturer, Ligier, sells its no-license two-seaters in both diesel and electric versions.
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The Paris Motor Show highlights new electric vehicle models from Chinese and European manufacturers, while tensions rise over potential EU tariffs on Chinese EV imports.
The Paris Motor Show, a biennial event with roots dating back to 1898, has become a battleground for electric vehicle (EV) manufacturers amid growing trade tensions between the European Union and China. Chinese EV startups are showcasing their latest models, incorporating artificial intelligence technology, despite the EU's threats to impose punitive tariffs on Chinese EV imports 12.
Leapmotor, a Chinese EV startup founded in 2015, unveiled its compact electric-powered SUV, the B10, which will be manufactured in Poland for European buyers 1. The company also presented the T03, a smaller electric commuter car, priced competitively at 18,900 euros ($20,620) 3. Leapmotor's larger family car, the C10, will start at 36,400 euros ($39,700) in Europe 4. The company's European sales, which began in September, are conducted through a joint venture with Stellantis, the world's fourth-largest carmaker 2.
XPeng, another Chinese EV manufacturer, made its Paris Motor Show debut with the unveiling of the P7+ sedan 3. The company aims to deliver vehicles in Europe starting next year, with Chinese prices for the P7+ starting at 209,800 yuan (approximately 27,100 euros or $29,600) 4. However, XPeng's president, Brian Gu, expressed concerns about the EU's threatened import duties, stating that they could significantly impact the company's expansion plans and profit margins 5.
The European Union is considering imposing tariffs on Chinese EV imports due to concerns about unfair competition. Brussels claims that subsidies allow Chinese companies to undercut EU industry prices, leading to a substantial increase in Chinese-built electric cars' market share from 3.9% in 2020 to 25% by September 2023 1. The EU and China face an end-of-October deadline to find an amicable solution to this trade dispute 2.
European automakers are fighting back against Chinese competition by introducing new, more affordable EV models. The show also highlights a growing market for small electric vehicles that can be driven without a full license, targeting teenagers and adults in areas with poor public transport 4.
Several manufacturers are showcasing two-seater EVs that cater to younger drivers and those without full licenses. Citroen's Ami, priced at just under 8,000 euros ($8,720), is now sold in various European markets, Turkey, Morocco, and South America 5. European legislation allows teenagers as young as 14 to drive these vehicles after completing an eight-hour training course, with speed limited to 45 km/h (28 mph) 3.
Renault's subsidiary Mobilize presented the Duo, a plastic-shelled two-seater capable of traveling 100 kilometers (over 60 miles) between charges, even in cold weather 4. These vehicles are finding markets among teens, adults who lost their licenses, and those in areas with limited public transportation options 5.
Reference
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XPeng, a leading Chinese electric vehicle manufacturer, is exploring options to establish a manufacturing presence in Europe. This strategic move aims to circumvent potential EU tariffs on Chinese-made vehicles and strengthen the company's position in the European market.
2 Sources
2 Sources
XPeng, a leading Chinese smart electric vehicle manufacturer, is set to make a significant impact at the Paris Motor Show 2024. The company will unveil its latest AI-powered vehicles and technologies, highlighting its expansion into the European market.
3 Sources
3 Sources
Chinese electric vehicle manufacturers are intensifying their focus on autonomous driving and AI technologies to compete with Tesla's impending entry into the Chinese market with its full self-driving capabilities.
3 Sources
3 Sources
Electric vehicle sales are surging, with Tesla and Chevrolet leading the charge. However, concerns about the profitability of affordable EVs are emerging, creating a complex landscape for automakers.
2 Sources
2 Sources
Chinese electric vehicle manufacturers, including Li Auto, XPeng, and NIO, achieved record-breaking sales in September 2023, showcasing the robust growth of China's EV market.
3 Sources
3 Sources
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