Automundo China

There are essentially two different ways a company can account for Research and Development (R&D) spending: as an operating expense that reduces reported net earnings or as a capital expenditure, counted as investing money from net earnings and other sources. One shows up on the income statement, the other shows up on the balance sheet. It might seem like a minor difference, but it can significantly impact financial reporting and how a company approaches R&D.

Tesla stock sees a boost following strong sales in China and Turkey. Despite softer results in India and Europe, the company’s growth in international markets signals strong potential.

China has just developed a brand new piece of technology which is set to revolutionize electric vehicles in ways that we never thought were possible

Tesla’s latest addition to its lineup, the six-seat Model Y L, is proving to be a massive hit in China, with early demand far exceeding expectations. According to a local media report, citing a Tesla […]

China's electric vehicle market faces intense competition and slowing growth, impacting major players like BYD and Tesla, and drawing attention from Beijing.

BYD invests $600 million into the production of electric and hybrid vehicles in Brazil, a testament to the strong trade relations between the nations at the moment.

Tesla Inc. is in a sales slump, with deliveries of its electric vehicles on track to decline for the second year in a row. Chief Executive Officer Elon Musk has warned there could be “a few rough quarters” ahead for the company amid the loss of purchase incentives in the US.

Tesla wholesale sales improved in China in August, which could be a sign of good news for the electric vehicle company.

With Chinese EV automaker BYD taking some serious financial hits recently, it should act as a warning to the auto industry. After all, just a few short weeks ago, many in the industry were declaring BYD not only wouldn’t fall but was heralding the future of the automobile. While we would love to believe the situation will act as a great object lesson to those who make big decisions, we sadly believe it won’t. This is how Chinese automakers game the system. In case you haven’t heard, BYD saw its

Assessing BYD's 2025 Sales Target Cut: A Warning Signal for Chinese EV Growth?