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SHA:600104 19 September 2025 - 14 January 2026

EU Tariff Relief? BYD, Xpeng Shares Jump on Plan to Swap Chinese EV Duties for Minimum Prices

EU Tariff Relief? BYD, Xpeng Shares Jump on Plan to Swap Chinese EV Duties for Minimum Prices

Shares of BYD rose up to 4.8% in Hong Kong and Xpeng gained 5.3% after the European Commission signaled it may swap tariffs on China-made EVs for a minimum-price scheme. SAIC Motor climbed as much as 3.6% in Shanghai. The EU is negotiating with Beijing on alternatives to tariffs of up to 35.3% on battery electric vehicles.
14 January 2026
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BYD and Xpeng pop as EU hints at a minimum-price alternative to China EV tariffs

BYD and Xpeng pop as EU hints at a minimum-price alternative to China EV tariffs

Shares of Chinese EV makers surged Tuesday after the European Commission outlined a plan allowing exporters to swap EU tariffs for minimum price commitments. BYD rose up to 4.8% in Hong Kong, Xpeng gained 5.3%, and SAIC Motor climbed 3.6% in Shanghai. The Commission said any price deal must match the effect of tariffs and address subsidy concerns. Beijing welcomed the proposal, calling for dialogue.
14 January 2026
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