Automundo China

Tesla and other brands must adapt to new competition: here's how

Tesla and BMW Join Chinese Challenge to EU Tariffs

When Tesla reports results Wednesday, they will likely including thinner profit margins and the first drop in annual car sales in its history. But that doesn’t seem to bother a large swaths of its investors, who seem more excited about CEO Elon Musk’s bromance with President Donald Trump than they are by troubling fundamentals.

Tesla’s ($TSLA) newly launched Model Y, also called “Juniper,” has witnessed a strong reception in China, with over 70,000 orders received in the first five days fo...

President Donald Trump's executive orders target electric vehicle industry, while Europe and China forge ahea

The industry's capacity utilization has fallen to about 78 percent, German research institute Ifo said, nine percentage points below the long-term average, as automakers including VW reduce output.

BMW and Tesla have both filed cases with the EU's Court of Justice challenging the EU’s recent decision to hike tariffs on Chinese-made BEVs.

U.S. President Joe Biden unveiled steep tariff increases this month on an array of Chinese imports that include a quadrupling duties on EVs to over 100 percent and doubling the duties on semiconductor tariffs to 50 percent.

Tesla and BMW sue EU over tariffs on electric vehicles from China, joining Chinese automakers that filed claims. Read more.

-- BYD was the fastest-selling car brand in Singapore in 2024, Yicai Global reported Monday. The Chinese EV giant's sales surged 337% to 6,191 units in Singapore, with 14% of the total automotive...