Automundo China

Tesla sold 74,127 vehicles in the Chinese domestic market in March, up 18.80 percent year-on-year and up 176.83 percent from February.

BYD Auto entered the Swiss auto market earlier this month, as China’s leading new energy vehicle (NEV) manufacturer continues to expand into global markets.

Apple, Tesla, Amazon, and Nvidia shares dropped. Walgreens reported good earnings. All sectors of S&P 500 closed in the red.

South Korea on Wednesday announced emergency support measures for its auto sector, seeking to reduce the blow of U.S. President Donald Trump's tariffs on a sector that has seen years of sharply rising exports to the United States.

Chinese EV giant BYD expanded its global market share on the back of lower prices, vertical integration and research and development. However, it now faces challenges amid tariff wars and growing strategic concerns.

In response to significant upheavals in both domestic and international environments, China's automotive industry is rapidly consolidating. This includes the long-rumored mergers among state-owned enterprises (SOEs), which are becoming increasingly clear. Meanwhile, foreign automakers with relatively weak manufacturing capabilities in new energy vehicles must expedite partnerships with Chinese companies; otherwise, their survival space in the Chinese market may be further squeezed.

The “In China, for China” strategy of the Volkswagen brand is taking on visible form: At this year’s Auto Shanghai (April 23 to May 2), one of the world’s most important motor shows, VW’s three Chinese joint ventures will present electric concept cars. The spotlight is on an electric notchback model from FAW-Volkswagen, an electric SUV in the B segment with extended range due to range-extender technology (EREV) from SAIC VOLKSWAGEN as well as an all-electric SUV from Volkswagen Anhui. All three concept cars embody Volkswagen’s new China DNA – both in terms of technology and design and in relation to development time, which has been cut by more than 30 percent.

Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News! Much has been written about the BYD Shark, the stylish EREV pickup truck that will face one of the most established segments of the legacy auto industry in the developing world and Oceania … ... [continued]

BYD’s cheapest EV in China just got even more affordable. After cutting prices this month, the BYD Seagull EV starts...