Automundo China

The EV industry serves as a key lever in China’s ambition to dominate not just the technological sphere, but also the geopolitical landscape.

Chinese electric vehicle giant BYD aims to double its sales outside China to over 800,000 cars in 2025 and will look to overcome tariffs by assembling cars locally, its chairman told analysts on an earnings call on Tuesday. BYD, which sold 417,204 units abroad in 2024, expects to see "a substantial rise" in its market share in Britain, which is "very open" to competitive Chinese products, according to a transcript of the call Wang Chuanfu reviewed by Reuters. They also see "great opportunities" to grow rapidly in Latin American and South East Asian countries, where the governments and people are friendly with Chinese brands, he said.

Major Western countries such as the United States and the European Union (EU) have launched a full-fledged war as they strengthen tariff barriers on Chinese cars. The U.S. raised tariffs on Chinese el..

BYD is growing in the global EV market. The company reported $107 billion in revenue for 2024, higher than Tesla’s $97.7 billion.

BYD is pushing ahead with the construction of 4,000 1,000-kW flash charging stations, with the first batch of about 500 ready for use when the Han L and Tang L hit the market in early April.

A Chinese equivalent to Tesla is set to move to the Buckinghamshire/Berkshire border.

Tesla is changing the name of its driver-assist technology in China after a rocky rollout and increased scrutiny from regulators.

Tesla has been beaten by China's mammoth BYD with sales surpassing $100 million. And there's little the American EV maker can do.