Latest news with #hybridvehicles
Yahoo
a day ago
- Automotive
- Yahoo
Brazil brings forward disassembled electric vehicles import tax hike
(Reuters) -The Brazilian trade panel known as Gecex-Camex decided on Wednesday to bring forward a tariff increase schedule for disassembled electric and hybrid vehicles imports, it said in a statement. Fully or partially disassembled vehicles, known as CKDs and SKDs, will be subject to a 35% import tax from January 2027, and no longer in July 2028, Gecex-Camex said. They are currently charged a 14% levy, according to the government. On the other hand, Gecex-Camex approved an additional free-tariff quota, worthing $463 million for CKD and SKD imports, valid for six months. China's BYD had asked earlier this year for a temporary tariff reduction on CKDs and SKDs, which generated backlash from carmakers including Toyota, Volkswagen, General Motors and Stellantis. In a letter to President Luiz Inacio Lula da Silva earlier this month, the four automakers said the move could put investments in the country at risk. BYD criticized the four carmakers in a statement before the panel decision, comparing them to "dinosaurs" who "just saw a meteor in the sky". Sign in to access your portfolio
Reuters
a day ago
- Automotive
- Reuters
Brazil brings forward disassembled electric vehicles import tax hike
July 30 (Reuters) - The Brazilian trade panel known as Gecex-Camex decided on Wednesday to bring forward a tariff increase schedule for disassembled electric and hybrid vehicles imports, it said in a statement. Fully or partially disassembled vehicles, known as CKDs and SKDs, will be subject to a 35% import tax from January 2027, and no longer in July 2028, Gecex-Camex said. They are currently charged a 14% levy, according to the government. On the other hand, Gecex-Camex approved an additional free-tariff quota, worthing $463 million for CKD and SKD imports, valid for six months. China's BYD ( opens new tab had asked earlier this year for a temporary tariff reduction on CKDs and SKDs, which generated backlash from carmakers including Toyota (7203.T), opens new tab, Volkswagen ( opens new tab, General Motors (GM.N), opens new tab and Stellantis ( opens new tab. In a letter to President Luiz Inacio Lula da Silva earlier this month, the four automakers said the move could put investments in the country at risk. BYD criticized the four carmakers in a statement before the panel decision, comparing them to "dinosaurs" who "just saw a meteor in the sky".
Japan Times
2 days ago
- Automotive
- Japan Times
Toyota logs record global sales despite Trump tariff turmoil
Toyota saw record global sales during the first half of 2025 as strong demand for hybrid vehicles in core markets helped offset headwinds from U.S. President Donald Trump's tariffs on cars imported to the United States. Toyota's global sales — including that of subsidiaries Daihatsu and Hino — rose 7.4% to more than 5.5 million units between January and June, the company said Wednesday. That's mostly due to strong demand in the U.S., Japan and China. Production grew 8.8% to 5.5 million units during the period, including a nearly 20% jump in domestic output. The carmaker's sales were bolstered in the early part of the year by a last-minute rush from customers to lock-in purchases before Trump's threatened 25% tariff on car imports. While that sparked uncertainty across the global auto sector, Japan's carmakers may be better placed than rivals following a trade pact reached this month that will see just a 15% duty on vehicles imported to the U.S. The U.S. is the biggest export market for Japanese carmakers, with $40.8 billion worth sold there last year and additional models imported from factories in Canada or Mexico. Toyota, which was set to face the biggest hit from tariffs among its peers, has said it hopes for improved ties between the U.S. and Japan, and called for further reductions in duties. The carmaker said that in June, global sales rose 2.7% to 937,246 units. Production increased 7.7% to 963,455 units. While a rebound in the popularity of hybrids has helped its bottom line, Toyota and other legacy brands face intense competition from a wave of electric vehicle makers, led by Elon Musk's Tesla and China's BYD. Toyota has sold about 82,000 battery EVs so far this year, almost all of which were delivered to customers outside of Japan. Meanwhile, Honda said sales in June fell 8% to 285,479 units, while production was almost flat compared with a year earlier. Nissan's sales fell 5% last month to 262,133 units.
The Australian
3 days ago
- Automotive
- The Australian
Super Hybrids arrive as an alternative to Toyota's dominance
Super Hybrids have arrived to rescue Aussie drivers from nerdy technology. The new Super Hybrid term, used by Chinese brands such as Geely, Chery and MG, attempts to rebrand plug-in hybrid electric vehicles (PHEVs) as a more powerful and capable cousin to regular hybrid vehicles offered by the likes of Toyota. It's a great idea. PHEVs have struggled to cut through the noise in Australia market, and may not have been helped by brands like Mitsubishi putting huge 'EV' badges on cars that also require petrol. Recognising the runaway success of conventional hybrids such as Toyota's RAV4, Camry and Corolla, Chinese brands have ditched PHEV terminology in favour of 'Super Hybrid', reflecting the superior power, efficiency and range – as well as the higher price – of plug-in hybrid models. Geely is about to launch its first Super Hybrid in Australia, giving the brand a petrol-electric alternative to the only other car in its showrooms, the battery-powered EX5. Sold in China as the Starship 7, Geely's contender is known as the Starray EM-i. That stands for E-Motive Intelligence, which makes it sound like this wagon is particularly sensitive to thoughts, feelings, and the emotional wake it leaves in the river of life. You can see why marketing departments have banded together to make 'Super Hybrid' happen. MORE: Geely EX5 arrives in Australia Geely says the Starray's 'Super Hybrid' technology combines a 1.5-litre, 73kW/125Nm petrol engine with a 160kW/262Nm electric motor to send a combined 193kW of power to the front wheels. That last one is a big number. The hybrid system is fuelled by a 50L petrol tank and an 18.4kWh battery that deliver almost 950km of driving range, and 2.4L/100km claimed efficiency. MORE: Dua Lipa stuns with $1m accessory Like all plug-in hybrids, that fuel figure is not an accurate reflection of what you will see in the real world. Official fuel economy figures come from a standardised test run in controlled conditions on the car equivalent of a treadmill for a short distance. The Geely has up to 80 km of electric range with a fully charged battery, so if you drive for short trips, you might not use any petrol at all. MORE: Wild call to end tax breaks for utes But longer trips – or journeys that start without a fully charged battery – will drain the fuel tank. The Starray will be available with luxury touches including a panoramic sunroof, massive touchscreen, and seats that are both heated and cooled. Geely hasn't announced prices for the machine, which should cost less than $50,000 when it arrives later this year. MORE: Chinese car makers caught in cash scandal The brand hopes Aussies will be more than familiar with 'Super Hybrids' by the time it arrives, thanks to rival companies that have already rebranded PHEV machines such as the MG HS Super Hybrid. The standard MG HS petrol model makes 125kW and 275Nm, the regular hybrid has 165kW and 340Nm of combined power, while the Super Hybrid offers 220kW and 350Nm. On the fuel efficiency front, the petrol MG claims 6.9L/100km efficiency, the hybrid uses 5.2L/100km and the Super Hybrid claims a fanciful 0.7L/100km. MORE: What is the best car of the 21st century? That's because the plug-in hybrid model has a 24.7kWh battery with 120km of electric range, so if you start each journey with a fully charged battery and a full tank of fuel, you won't use much petrol at all – but if you don't plug the car in, you can expect to use far more petrol than it's sticker suggests. In MG's case, the standard HS starts from about $36,000 drive-away, while the conventional Hybrid+ model is $32,990 drive-away and the Super Hybrid is $50,990 drive-away. Drivers who want a bigger car – for less money – can consider the seven-seat Chery Tiggo 8 Super Hybrid. The Chery combines a 1.5-litre four-cylinder turbo petrol engine that makes 105kW/215Nm with an 18.4kWh battery and an electric motor that has 150kW/310Nm, claiming 1.3L/100km efficiency and 1200km of combined range. It starts from $45,990 drive-away, which isn't a huge step up from a petrol Chery Tiggo 8 that costs $38,990 drive-away and uses 8.1L/100km to make 180kW and 375Nm. Read related topics: China Ties Life Australia's answer to the dramatic sci-fi universe Westworld has been unveiled and it has to be seen to be believed. Life The battle for the dollar of the everyday Aussie between some of China's biggest manufacturers has exploded amid profanity-laced tirades and accusations of copycat products.
Reuters
24-07-2025
- Automotive
- Reuters
China's BYD to assemble EVs in Pakistan from 2026
KARACHI, July 24 (Reuters) - Chinese electric vehicle giant BYD ( opens new tab plans to roll out its first car assembled in Pakistan by July or August 2026 to capture growing demand for electric and plug-in hybrid vehicles in the region, a company executive said on Wednesday. BYD, the world's top EV maker, has been expanding rapidly outside its home market, where it is in a strong price war. The Pakistan plant addresses rising demand from emerging markets and allows the company to take advantage of incentives offered by the Pakistani government. The plant has been under construction since April near Karachi in a partnership between BYD and Mega Motor Company, a subsidiary of Pakistani utility Hub Power ( opens new tab, Danish Khaliq, vice president of sales and strategy at BYD Pakistan, told Reuters. It would initially have the capacity to produce 25,000 units a year on a double shift, he said. He did not elaborate on when the plant would achieve full capacity or say when mass production would begin there. The plant will start by assembling imported parts, with some local production of non-electric components, Khaliq said, adding it would initially produce vehicles for the domestic market, with potential to export to right-hand drive countries in the region depending on freight costs and business economics. "We do not foresee excess capacity in our system as demand in Pakistan will catch up," he said. BYD started delivering imported EVs in Pakistan in March. Khaliq did not give an exact sales number but said the sales of a few hundred cars had exceeded internal targets by 30%. Khaliq said he expected the market size of EVs and plug-in hybrid cars in Pakistan to grow three to four times in 2025 from around 1,000 total units in 2024. BYD is targeting a 30-35% share of the segment, Khaliq said. Based on a HUBCO filing, BYD Pakistan made around 444 million rupees ($1.56 million) in profit in the 2025 March quarter. BYD will launch its Shark 6 plug-in hybrid pickup truck in Pakistan on Friday. China's MG already sells a PHEV SUV, while rival Haval is set to join the segment soon. Plug-in hybrids offer a more practical option in Pakistan as the country faces a lack of charging stations for all-electric vehicles. The government slashed power tariffs for chargers by 45% in January to encourage EV uptake and private charging stations. ($1 = 284.0000 Pakistani rupees)
