Automundo China

Congested home market forces manufacturers to speed up overseas expansion

China imposes export curbs on heavy rare earths like terbium, dysprosium over concern of usage for military purposes

On April 22, Volkswagen unveiled three concept vehicles as part of its “In China, for China” strategy at the Volkswagen Group Night held in Shanghai. The ID. E ...

Tesla’s first-quarter automotive revenue dropped 20% year-on-year due to reduced deliveries affected by anti-Musk sentiment, factory retooling, and seasonal factors. The company also faces supply chain and cost challenges linked to the US–China trade war.

SHANGHAI (Reuters) -China's annual auto shows have become the world's premier showcase for the rise of ever-cheaper, high-tech electric vehicles from domestic brands in the world's biggest car market. But the Shanghai auto show opened on Wednesday amid industry-wide uncertainty over how the U.S.-China trade war could sap demand and upend supply chains as about 70 automakers launched more than 100 new models into a crowded market with more losers than winners. Automakers also wrestled with a Chinese government crackdown, announced last week, on the marketing of smart-driving systems that many industry executives view as the next technological battleground here.

SHANGHAI (Reuters) -China's annual major auto shows have become a showcase for the rise of ever-cheaper, better-performing electric vehicles and more confident local brands in the world's biggest market for cars. But the Shanghai auto show opened on Wednesday amid deep industry-wide uncertainty over how the U.S.-China trade war could dampen demand and scramble supply chains as 100 more models launch into an already crowded market with more losers than winners. In a further complication, Chinese regulators signalled more and tougher scrutiny for smart-driving features that many automakers had seen as the next big thing in setting apart their cars from competitors just a week ago.

[HONG KONG/SINGAPORE] Xiaomi pushed back the debut of its first sport utility vehicle (SUV) following a fatal accident involving its marquee electric car, a blow to its ambitions to put pressure on Tesla and BYD.

Chinese electric vehicle giant BYD has already beaten out long-standing frontrunner Tesla in sales of electrified vehicles. And now it’s coming for luxury sports cars.

Enormous investments in factory equipment and artificial intelligence are giving China an edge in car manufacturing and other industries.