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The MG 4 and 5 EV and Maxus vans - Game changing cars & vans from SAIC

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As the income that reached the Treasury reduced from VED and lower emission vehicles the government have resolved that one by introducing VED on the BEV,s.

 

Its not all about getting to Net Zero really.   It is all about Tax Cuts for those who might not really need them, and who might even just buy what ever vehicle they want regardless of running costs.

Then no matter how many they own, each driver can only drive or ride one at a time.  The others are parked. 

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  • That will be a Liz Truss Tribute edition with increased maximum speed.   There needs to be like a VED Band introduced for EV's sold / registered in the UK.   More expensive if they

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2024 and so far no Sanctions from the UK Government stopping the import of MG,s or the parts and those with them might just keep driving them until the can not, or punt them and get another BEV built in the UK or from some other world region.  Or maybe back to ICE in the form of PHEV or MHEV.

 

 

 

 

 

 

VED changes in 2022 autumn statement will result in a tripling of the ved take?

 

At Autumn Statement 2022, Chancellor Jeremy Hunt announced that, from 1
April 2025, zero-emission cars, vans and motorcycles will become liable for
VED, ending the current exemption. These cars will also become liable to pay
the expensive car supplement. Zero-emission car owners will pay the lowest
first-year rate of VED (£10 for 2023/24) and then pay the flat standard rate
(£180 in 2023/24) from the second year onwards.
The Treasury said that the reforms will raise £515 million in 2025/26, rising to
£1.6 billion in 2027/28

Edited by Stonekeeper

Tripling?  

Rowlocks. 

 

   1 Million EV,s first registered since 2002 !    The thing with the Treasury is their arithmetic is duff. 

 

These are the people who always no the amount that people defraud the treasury of money, but somehow can not get the money back because they do not know who these people are. 

 

It really is like the Current UK Government are trying their hardest to discourage private motorists from going to BEV.s.

 

Seemingly only 3% of vehicles are 'Disabled Class',  but those with a vehicle disabled class will be Exempt from VED, 

and the cars Motability own and lease which are getting to be more and more BEV,s are VED exempt. 

Edited by Rooted

10 minutes ago, Rooted said:

Tripling?  

Rowlocks. 

 

   1 Million EV,s first registered since 2002 !    The thing with the Treasury is their arithmetic is duff. 

 

These are the people who always no the amount that people defraud the treasury of money, but somehow can not get the money back because they do not know who these people are. 

 

The tripling referred to is not the total ved raised by the changes. The current income from VED is £7.4bn

 

In the year 25/26 the dragging in of EVs to paying ved will add £516m to the VED collected.

 

By 27/28 the number of vehicles by then having to pay £10 a week ved will add £1.6bn

 

That is tripling?

 

Mainly created by the fiscal drag of calling an expensive car £40,000 in 2017 and that still being the figure ten years later in the projected benefits.

 

 

 

Thanks.

 

So on their predictions, based on the Percentage annually of Zero Emission vehicles manufacturers must First Register year on year. 

 

1 minute ago, Rooted said:

Thanks.

 

So on their predictions, based on the Percentage annually of Zero Emission vehicles manufacturers must First Register year on year. 

 

 

It will also include the revenue from ICE vehicles that are dragged into the £10 a week VED scam.

The AI will have helped them as well with how many go into the exempt from VED due to Classic Status,  how many older cars might not get scrapped because skint people are holding on to them,  and into the Equation that Labour coming into power might start a Scrappage Scheme. 

 

Rishi Sunak MP / PM was saying  today how the burden on hard-pressed households is starting to ease.  Lower Mortgages and fuel prices etc.

& based on 8 million people getting £299 Cost of Living Payment between today and the 22nd Feb.

(Downing street had to correct a statement about him running off at the mouth about KC3, He never meant the cancer was caught early because he was never told anything about that.)

 

They are full of guff and predictions and general nonsense.      As for Jeremy Hunt, well yet another millionaire that knows how his finances goes by needs others with the brain for numbers to write it down for him. 

Edited by Rooted

  • Author
1 hour ago, Rooted said:

The AI will have helped them as well with how many go into the exempt from VED due to Classic Status,  how many older cars might not get scrapped because skint people are holding on to them,  and into the Equation that Labour coming into power might start a Scrappage Scheme. 

 

Rishi Sunak MP / PM was saying  today how the burden on hard-pressed households is starting to ease.  Lower Mortgages and fuel prices etc.

& based on 8 million people getting £299 Cost of Living Payment between today and the 22nd Feb.

(Downing street had to correct a statement about him running off at the mouth about KC3, He never meant the cancer was caught early because he was never told anything about that.)

 

They are full of guff and predictions and general nonsense.      As for Jeremy Hunt, well yet another millionaire that knows how his finances goes by needs others with the brain for numbers to write it down for him. 

 

He is full of Sh1te as 1.5 million mortgages, probably effecting several million peoples mortgage renewal this year is tragic ie interest going to cost them double or triple.

 

UK Gilts in a bad way currently with pensions falling so low they are worth less than people put in.

 

Delusional.

 

Edited by lol-lol

4 hours ago, skomaz said:

Did some research of my own re oil and petroleum usage in the transportation sector (ie for burning...)

 

UK: petroleum transport use 2022 | Statista

 

Global oil consumption in the road transportation sector - forecast 2035 | Statista

 

Doesn't give the impression of a 'dying sector' at the moment despite a minor dip during Covid...   so I wonder how the statement @lol-lol made comes from...

Fossil fuel not dying in UK?

https://www.statista.com/statistics/418202/fossil-fuel-dependence-united-kingdom/

 

Data can always be selectively made to tell a story, I'd say there's no definitive answer either way. 🤷‍♂️

  • 5 months later...
  • Author
4 hours ago, Ootohere said:

This is where she is driving if you want to have a visit to this road.

http://briskoda.net/forums/topic/252376-fettercairn-to-banchory-over-the-cairn-o-mount

 

 

 

 

 

 

 

 

 

Get them before uk is forced to match EU extra import taxes.

 

Irish people may wish to get their rhd saic cars from the UK and import and save some money, especially if a few months old.

 

Get them while you can at low prices !!!

@lol-lol  Will the UK be forced, or might it just be the new Government want to not be falling out with the EU. 

Seemingly Johnathon Reynolds MP has signalled that the UK will stick to the 10% tariff at the moment.

 

The UK has to be getting the EV,s from someplace and getting them on the roads and not just Manufacturers first registering new ones and them sitting unsold as Nearly New cars at dealerships or in storage someplace.

  • Author
1 hour ago, Ootohere said:

@lol-lol  Will the UK be forced, or might it just be the new Government want to not be falling out with the EU. 

Seemingly Johnathon Reynolds MP has signalled that the UK will stick to the 10% tariff at the moment.

 

The UK has to be getting the EV,s from someplace and getting them on the roads and not just Manufacturers first registering new ones and them sitting unsold as Nearly New cars at dealerships or in storage someplace.

 

We are supposed to keep broad alignment for the Trade Cooperation Agreement to work.  the UK is oft 0.5% duty rate lower than the EU for many commodity codes, some we zeroed but where they were sub 2% anyways.

 

With cars we may have a Joker to play ie UK uses right hand drive cars whereas most the EU uses LHD cars, Ireland being the exception.  As long as Ireland stop any flood of BYD, Geely, SAIC, TESLA right hand drive cars flooding the 26 counties. Reminds me I must check the Northern ireland Tariff for its rates on Chinese EVs. 

 

Was ( and still am ) astonished to find that certain ( non motor related )  product can be imported from EU into NI as if NI was in EU ...... its almost as if NI is ( yet another ) EU state.

 

 

Edited by olddog

"As long as Ireland stop any flood of BYD, Geely, SAIC, TESLA right hand drive cars flooding the 26 counties. Reminds me I must check the Northern ireland Tariff for its rates on Chinese EVs."

 

Would anyone believe it ?   ...  trading cars between RoI and NI has got easier ( and cheaper ) in recent years ( still not as simple as pre-Brexit )

 

 

Edited by olddog

  • Author
7 hours ago, Ootohere said:

@lol-lol  Will the UK be forced, or might it just be the new Government want to not be falling out with the EU. 

Seemingly Johnathon Reynolds MP has signalled that the UK will stick to the 10% tariff at the moment.

The UK has to be getting the EV,s from someplace and getting them on the roads and not just Manufacturers first registering new ones and them sitting unsold as Nearly New cars at dealerships or in storage someplace.

 

The link here is for the Northern Ireland customs tariff for electric cars ie BEVs...  https://www.trade-tariff.service.gov.uk/xi/commodities/8703801010#import_duties

BYD extra duty is 18% I recall up to and at first read a month ago it looked like SAIC and others not named were going to get hit with the full to get hit with the full 38% additional CV duty.  This is on top of the 10% normal customs duty.  All countries being monitored to detect circumvention.  The company I have recently joined is the largest mover of finished cars in the world, they move several million a year. I see Turkey mention which is where BYD is rapidly building a plant as well as hungary I think I read. Audi and VW mentioned with joint ventures.

Trade remedies, safeguards and retaliatory duties

Country Measure type Duty rate Conditions Legal base Footnotes
All countries (1011)
excluding China
Anti-dumping/countervailing statistic     R1866/24  
China (CN) Provisional countervailing duty Additional code: 89BLBYD Group:
- BYD Auto Company Limited
- BYD Auto Industry Company Limited
- Changsha BYD Auto Company Limited
- Changsha Xingchao Auto Company Limited
- Changzhou BYD Auto Company Limited
- Fuzhou BYD Industrial Company Limited
- Hefei BYD Auto Company Limited
- Jinan BYD Auto Company Limited
  Conditions R1866/24 CD930
China (CN) Provisional countervailing duty Additional code: 89BMGeely Group:
- Asia Euro Automobile Manufacture (Taizhou) Company Limited
- Chongqing Lifan Passenger Vehicle Co., Ltd.
- Fengsheng Automobile (Jiangsu) Co., Ltd.
- Shanxi New Energy Automobile Industry Co., Ltd.
- Zhejiang Geely Automobile Company Limited
- Zhejiang Haoqing Automobile Manufacturing Company Limited
  Conditions R1866/24 CD930
China (CN) Provisional countervailing duty Additional code: 89BNSAIC Group:
- SAIC MAXUS Automotive Company Limited
- SAIC Motor Corporation Limited
- Nanjing Automobile (Group) Corporation
- SAIC Volkswagen Automotive Co., Ltd.
- SAIC GM Wuling Automobile Co., Ltd.
- SAIC General Motors Co., Ltd.
  Conditions R1866/24 CD930
China (CN) Provisional countervailing duty Additional code: 89BOAiways Automobile Co., Ltd.
Jiangxi Yiwei Automobile Manufacturing Co., Ltd.
  Conditions R1866/24 CD930
China (CN) Provisional countervailing duty Additional code: 89BPAnhui Jianghuai Automobile Group Corp., Ltd.   Conditions R1866/24 CD930
China (CN) Provisional countervailing duty Additional code: 89BQBMW Brilliance Automotive Ltd.
Brilliance Xinri New Energy Automobile Co., Ltd.
  Conditions R1866/24 CD930
China (CN) Provisional countervailing duty Additional code: 89BRChery Automobile Co., Ltd.
Chery New Energy Automobile Co., Ltd
  Conditions R1866/24 CD930
China (CN) Provisional countervailing duty Additional code: 89BSChina FAW Corporation Limited
Audi FAW NEV Co., Ltd.
Changan Mazda Automobile Corporation Ltd.
FAW Toyota Motor Co., Ltd.
FAW-Volkswagen Automotive Co., Ltd
Jiangsu Guoxin New Energy Passenger Car Co., Ltd.
  Conditions R1866/24 CD930
China (CN) Provisional countervailing duty Additional code: 89BT Chongqing Changan Automobile Company Limited
Chongqing Lingyao Automobile Co., Ltd.
Hefei Chang 'an Automobile Co., Ltd.
Nanjing Chang 'an Automobile Co., Ltd.
  Conditions R1866/24 CD930
China (CN) Provisional countervailing duty Additional code: 89BUDongfeng Motor Group Co., Ltd.
Dfsk Motor Co., Ltd.
Dongfeng Honda Automobile Co., Ltd.
Dongfeng Liuzhou Motor Co., Ltd.
Dongfeng Motor Company Ltd.
Dongfeng Peugeot Citroen Automobile Company Ltd.
eGT New Energy Automotive Co., Ltd.
Seres Auto Co., Ltd.
Voyah Automobile Technology Co., Ltd.
  Conditions R1866/24 CD930
China (CN) Provisional countervailing duty Additional code: 89BV Great Wall Motor Company Limited, Taizhou Branch
Hebei Changzheng Automobile Manufacturing Co. LTD
  Conditions R1866/24 CD930
China (CN)

Provisional countervailing duty Additional code: 89BWLeapmotor Automobile Co., Ltd.

  Conditions R1866/24 CD930
China (CN) Provisional countervailing duty Additional code: 89BXNanjing Golden Dragon Bus Co., Ltd.   Conditions R1866/24 CD930
China (CN) Provisional countervailing dutyAdditional code: 89BYNIO Holding Co., Ltd.
NIO (Anhui) Co., Ltd.
NIO Co., Ltd.
  Conditions R1866/24 CD930
China (CN) Provisional countervailing dutyAdditional code: 89BZ Tesla (Shanghai) Co., Ltd.   Conditions R1866/24 CD930
China (CN) Provisional countervailing dutyAdditional code: 89CA XPeng Inc.
Zhaoqing Xiaopeng New Energy Investment Co., Ltd.
Zhaoqing Xiaopeng New Energy Investment Co., Ltd. Guangzhou Branch
  Conditions R1866/24 CD930
China (CN) Provisional countervailing duty Additional code: 8999 Other. 37.60%   R1866/24  
Türkiye (TR) Anti-dumping/countervailing duty - Control     D0142/96 TM303
  • Author

 

Links above do not seem to pull in the Eu legislation but here is another link...   https://ec.europa.eu/commission/presscorner/detail/en/ip_24_3630

 

Perhaps BYD, Geely, SAIC will now target UK market far more as it currently has not got these extra duties, except Northern Ireland which is effectively part of the EU of course.

 

------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

 

Today, nine months after the initiation of an ex officio anti-subsidy investigation, the European Commission has imposed provisional countervailing duties on imports of battery electric vehicles (BEVs) from China. Based on the investigation, the Commission has concluded that the BEV value chain in China benefits from unfair subsidisation, which is causing a threat of economic injury to EU BEV producers. The investigation has also examined the likely consequences and impact of these measures on importers, users and consumers of BEVs in the EU.

Consultations with the Chinese government have intensified in recent weeks, following an exchange of views between Executive Vice-President Valdis Dombrovskis and Chinese Trade Minister Wang Wentao. Contacts continue at technical level with a view to reaching a WTO-compatible solution, which adequately addresses the concerns raised by the European Union. Any negotiated outcome to the investigation must be effective in addressing the injurious forms of subsidisation identified.   The individual duties applying to the three sampled Chinese producers are:

  • BYD: 17.4%;
  • Geely: 19.9%;
  • SAIC: 37.6%.

Other BEV producers in China, which cooperated in the investigation but were not sampled, are subject to the 20.8% weighted average duty. The duty for other non-cooperating companies is 37.6%.   Compared to the rates pre-disclosed on 12 June 2024, provisional duties were adjusted slightly downwards based on comments on the accuracy of the calculations submitted by interested parties. All the detailed findings of the investigation are reflected in the Implementing Regulation which is now published in the Official Journal.  These provisional duties will apply as of 5 July 2024, for a maximum duration of four months. Within that timeframe, a final decision must be taken on definitive duties, through a vote by EU Member States. When adopted, this decision would make the duties definitive for a period of five years.

 

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