Automundo China
FAW Hongqi reports breakthrough in hydrogen fuel cell vehicle development
Hongqi's hydrogen fuel cell vehicle (HFCV) project has new achievements.
BYD slows production, shuts showrooms in brutal EV price war
The Chinese EV giant has also cancelled night shifts at some factories in a sign that sales growth could slow in the country’s cut-throat car market.
Xiaomi unveils YU7 electric SUV to challenge Tesla Model Y in...
Xiaomi will debut its first all-electric SUV, the YU7, on June 26, announced Company founder Lei Jun via his personal Weibo, adding that the vehicle is designed to challenge the Tesla Model Y's dominance in the Chinese market.
Tesla rival BYD is slowing EV production and expansion in China,...
SHANGHAI (Reuters) -Chinese electric vehicle champion BYD has slowed its production and expansion pace in recent months by reducing shifts at some factories in China and delaying plans to add new production lines, said two people with knowledge of the matter. The decisions are a sign that BYD's robust sales growth over the past couple of years that drove it to overtake Tesla as the world's largest EV maker could slow, as it grapples with rising inventory even after offering deep price cuts in China's cutthroat auto market. These previously unreported measures were imposed on at least four factories and BYD had also suspended some plans to set up new production lines, one of the people said.
Exclusive-BYD slows production, delays capacity expansion at China factories, sources say
SHANGHAI (Reuters) -Chinese electric vehicle champion BYD has slowed its production and expansion pace in recent months by reducing shifts at some factories in China and delaying plans to add new production lines, said two people with knowledge of the matter. The decisions are a sign that BYD's robust sales growth over the past couple of years that drove it to overtake Tesla as the world's largest EV maker could slow, as it grapples with rising inventory even after offering deep price cuts in China's cutthroat auto market. These previously unreported measures were imposed on at least four factories and BYD had also suspended some plans to set up new production lines, one of the people said.
Xiaomi speeds up YU7 launch, Tesla’s Robotaxi vs Baidu’s Apollo Go:...
From Xiaomi accelerating its latest EV launch to Chinese carmakers facing a price war, here are seven EV stories you may have missed.
BYD’s Yangwang U9 returns to Nürburgring for second speed record attempt...
Yangwang U9 to challenge Xiaomi SU7 Ultra's record at Nürburgring.
The post BYD’s Yangwang U9 returns to Nürburgring for second speed record attempt in July appeared first on CarNewsChina.com.
Tesla’s EU sales slump continues; China’s premier warns global trade tensions...
Rolling coverage of the latest economic and financial news
Over 500 units of Xiaomi YU7 reportedly rolled off production line...
Over 500 units of the Xiaomi YU7 crossover reportedly rolled off the production line in China before the launch ceremony.
The post Over 500 units of Xiaomi YU7 reportedly rolled off production line – assembled at the F1 factory appeared first on CarNewsChina.com.
Actor Krushna Abhishek Surprised By Wife Kashmera Shah’s New BYD Seal:...
Krushna Abhishek took delivery of the new BYD Seal with his wife, Kashmera Shah.
