Automundo China

Tesla is equipping its Shanghai Megafactory with a distributed photovoltaic power generation and energy storage system project.

The recent moves of BYD are filled with a sense of crisis, to the point where the title of China’s No. 1 and the world’s largest electric vehicle company is meaningless. The strategy recently chosen by BYD, a symbol of the Chinese electric vehicle industry and backed by the government’s full support, was surprisingly ultra-low price discounts. Behi...

The figures come on the heels of China’s top industry regulator promising to strengthen efforts to rein in “involution-style” competition in the country’s auto industry.

India's auto industry faces disruption as China restricts rare earth magnet supplies, crucial for EVs and other components. Despite embassy endorsements for some importers, China's commerce ministry hasn't approved shipments, impacting various sectors beyond automobiles. Diplomatic efforts are underway to resolve the issue, which stems from China's export controls on rare earth elements.

Chinese electric vehicle giant BYD saw its market capitalization plunge in late May after initiating sweeping price cuts of up to 34%, fueling fears of a full-blown price war and prompting speculation over potential regulatory intervention. The aggressive strategy has raised alarms across the industry over the long-term health of China's electric vehicle sector.

Tesla's Model 3 & Y join China's rural EV campaign, a first since 2020. BYD dominates, but Tesla aims to tap new markets amid fierce competition.

Tesla Drives China Exit in Bold Battery Independence Plan

China's export restrictions on rare earths that are widely used by the auto industry could disrupt, or even halt, German car production, Germany's VDA auto industry lobbying group said on Tuesday.

Move over Tesla: One Chinese company is taking over the electric vehicle market. A Chinese automaker, Changan, has just announced plans to introduce a vehicle with a solid-state battery. This new car offers an unprecedented 932-mile range on just one charge. This remarkable achievement in battery technology could reshape the EV market worldwide, ch...