Chinese EVs are everywhere in Argentina despite Milei’s MAGA ties

batimes.com.ar Aug 3, 2026

Chinese EVs are everywhere in Argentina despite Milei’s MAGA ties

Curated by Shubham · TechCapsules · Aug 3, 2026

AI-summarised brief · reviewed before publication

Chinese electric‑vehicle makers have surged in Argentina after President Javier Milei introduced a tariff‑free quota for 50,000 EVs annually, roughly 10 % of new‑car sales, and capped qualifying prices. BYD entered the market in September and quickly rose into the country’s top‑ten sellers, moving more than 8,200 units this year, outpacing Jeep, Honda and Nissan and, together with other Chinese brands, more than doubling that total. Brightly lit BYD showrooms now dot the nation alongside outlets for BAIC, MG and Chery. Milei’s liberalisation policy runs counter to U.S. attempts to pull Argentina away from Beijing, and the president has signalled a visit to Beijing. Chinese imports already exceed those from Brazil, and car prices have fallen 26 % since Milei took office.

💡 Why It Matters

· Milei’s EV quota hands Chinese automakers a privileged lane, fast‑tracking Argentina’s transition to cheaper, imported vehicles and reshaping its domestic car market.

Read full article on batimes.com.ar

Apple’s contract manufacturing tax breaks in India could be extended to 2041

India’s government is preparing a draft amendment that would prolong a tax exemption for foreign firms supplying machinery and equipment to contract manufacturers from its current 2031 expiry to 2041. The relief shields overseas suppliers from Indian income tax on assets used in factories and warehouses located in bonded zones, treated as outside the country’s customs border. The extension covers producers of mobile phones, tablets, laptops, hearing aids and wearable electronics, and requires parliamentary approval in two houses. The measure follows cuts to import duties on key smartphone components and is seen as a win for Apple, which has lobbied for the incentive. Apple aims to raise its Indian production share from 6 % to 26 % of iPhone output by 2026.

💡 Extending the exemption makes India a more attractive hub for Apple’s supply chain diversification, accelerating the shift of iPhone assembly away from China.

appleinsider.com · Aug 3

India plans more tax breaks to sweeten Apple’s iPhone production

India is drafting a proposal to extend its tax exemption on manufacturing machinery and component imports for foreign firms from 2031 to 2041, a move aimed at bolstering Apple’s iPhone production in the country. The original incentive, introduced in February after Apple lobbied against duties on machinery it owned but leased to contract manufacturers, will now also cover storage and shipment of export‑only components in customs‑bonded zones, eliminating import taxes on those parts. The plan requires parliamentary approval and could take months or years. In addition, the proposal widens a data‑center tax break, allowing Indian partners to lease facilities rather than own them, reducing capital barriers for smaller firms. Together, the measures seek to make India a more attractive hub for Apple’s export‑focused iPhone supply chain.

💡 By removing duty costs on export‑bound hardware, India positions itself as a low‑tax manufacturing gateway, giving Apple a cost‑effective alternative to China and accelerating the shift of its global supply chain.

techcrunch.com · Aug 3

Apple challenges UK government’s latest demand for iCloud backdoor: report

Apple has lodged a formal complaint with the United Kingdom’s Investigatory Powers Tribunal, contesting a “technical capability notice” issued by the British government that demands access to encrypted iCloud data. The secret order, which would require Apple to provide a backdoor to its Advanced Data Protection (ADP)‑encrypted backups, follows a similar demand made in early 2025 that was later withdrawn after diplomatic pressure. After that episode, Apple disabled ADP for UK customers, only to face a second notice in October. The company’s latest legal challenge seeks to prevent the government from compelling decryption of user data, preserving the end‑to‑end encryption model that Apple claims keeps data inaccessible to anyone but the customer. Apple declined to comment to TechCrunch.

💡 The dispute tests the limits of state surveillance powers against strong consumer‑privacy safeguards, potentially setting a precedent for how encrypted services can be compelled to surrender data.

en.sedaily.com · Aug 3

US Curbs on Chinese Robots Open Door for Korean Parts Makers

The United States has enacted regulations banning the import of new humanoid and quadruped robots, a move aimed at curbing Chinese production. Korean parts manufacturers, such as Halla Cast, SL, and Samhyun, are rapidly pivoting to supply components for North American robot makers. Halla Cast will double capacity at its Incheon plant to produce thermal management cases for a global robot client, while SL plans mass production of Boston Dynamics’ Spot leg module. The U.S. government will back this shift with increased R&D and workforce training, positioning Korea as a key supplier in the emerging robot supply chain.

💡 The import ban forces U.S. firms to source robot parts domestically, creating a sudden demand spike for Korean suppliers. This shift could accelerate Korea’s integration into the high‑growth humanoid robot market and reshape global supply dynamics.

cleantechnica.com · Aug 3

Blocking New Imported Inverters Will Cost America

The FCC on August 2 added foreign‑produced solar inverters to its “Covered List,” barring import of any new models regardless of the manufacturer’s country, including allies such as Germany’s SMA. The rule cites “unacceptable risks” to U.S. national security and personal safety, but exempts previously approved units and those already in service. Critics argue the ban blocks advanced, grid‑interactive inverters that use solid‑state silicon‑carbide technology, improve efficiency, reduce copper use, and enable functions such as battery integration, vehicle‑to‑grid and real‑time load management. Without these capabilities, utilities may rely more on fossil‑fuel peaker plants and curtail excess rooftop solar, raising overall electricity costs and slowing the transition to distributed renewable energy. Domestic manufacturers lack R&D pipelines, forcing prices for U.S. installers.

💡 By shutting out the most efficient, smart inverters, the ban forces utilities to keep fossil‑fuel generators online, directly inflating electricity rates for American consumers.

appleinsider.com · Aug 3

Apple faces new antitrust case in Russia over state-backed apps

Russia’s Federal Antimonopoly Service has filed a formal antitrust case against Apple after the company refused to preinstall two state‑backed applications on iPhones and iPads sold in the country. The disputed apps are Max, a government‑run messaging platform, and RuStore, a domestically developed app store intended to reduce reliance on foreign ecosystems. The FAS cited a prior warning that Apple ignored, invoking competition law and established enforcement practice against the tech giant. If the regulator’s claim succeeds, Apple could face a fine of up to 5 billion roubles, roughly $50 million. The dispute follows years of tension between Moscow and Apple over app‑store policies and the broader push to promote Russian digital services. Apple maintains its policy of not allowing mandatory software.

💡 The case tests Moscow’s ability to force foreign platforms to embed domestic services, a move that could reshape app‑distribution control in a market of over 100 million users.