Automundo China
Chinese EV brands could fall like dominos as price wars cut...
The rapid growth of China’s electric vehicle industry could result in less than 15 per cent of the current brands still being around by 2030.
Foreign carmakers in China face ‘increasingly precarious’ position, consultancy says
New tariffs on Chinese EVs don’t help foreign automakers stay competitive, especially in the lucrative China market, says business consultancy AlixPartners.
China’s EV Industry a Global Leader Despite Tariff Wars by the...
The rise of China’s electric vehicle (EV) industry has sparked significant competition and strategic maneuvering on the global stage, particularly from Western countries. One of the primary tools that Western nations have employed to counter China’s growing influence in the EV sector is the imposition of tariffs. The United States has been one of the […]
BYD nearshoring in Mexico could complicate U.S.-China policies
For the past several years as the U.S.-China trade war has continued, Mexico has been the poster child for nearshoring, in which foreign companies whose primary market is the U.S.
Automotive Stocks Like Lucid And Peers Are Trading Lower On Monday...
Automotive stocks, including Canoo Inc (NASDAQ:GOEV), Lucid Group, Inc (NASDAQ:LCID), Polestar Automotive Holding UK (NASDAQ:PSNY), VinFast Auto (NASDAQ:VFS), and Workhorse Group, Inc (NASDAQ:WKHS), are trading lower Monday following China’s slower-than-expected second-quarter economic growth. The Chinese electric vehicle stocks also traded lower on Monday. The second-largest economy grew by 4.7% from April to June, falling short of the 5.1% forecast by analysts. The consumer sector faces challe
Chinese EV giant BYD plans assembly plant in Cambodia
PHNOM PENH: Giant Chinese electric car manufacturer BYD, a major competitor to US company Tesla, has plans to open an electric car assembly plant in Cambodia. The facility will have the capacity to assemble up to 20,000 units per year for export, as well as to supply the domestic market.
BYD controls nearly 3% of the Japanese EV market
BYD now controls near 3% of the Japanese EV market and amounts for 10% of the total BEV imports into Japan. BYD plans to dominate.
The post BYD controls nearly 3% of the Japanese EV market appeared first on CarNewsChina.com.
‘Headed For Obsolescence’: Chinese Automakers Could Be Poised To Wipe Out...
American automakers will need to change to their businesses if they want to remain competitive with Chinese electric vehicles poised to flood the global market.
A New Era with BYD Cars
In another notable event, the City of Love witnessed the launch of the innovative BYD Cars
China tells WTO that US EV subsidies are unfair trade barriers
China says it's unfair that only EVs made in North America qualify for tax credits.
