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Tesla escalates China EV price war ahead of 2025

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Additional price reductions by Tesla for its Model Y rear-wheel drive model in China are expected to further intensify the already fierce price wars in China's electric vehicle (EV) market.

BYD offers free car insurance for Ocean lineup in year-end sales...

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BYD offers free car insurance for Ocean lineup in year-end sales push
BYD is offering free vehicle insurance worth up to RMB 5,000 ($690) on a number of Ocean lineup models, ramping up promotions ahead of the Chinese New Year.

Tesla face wave of Chinese auto rivals in humanoid robots race

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Following Xiaomi's venture into electric vehicles, automakers are now emerging as key players in the humanoid robot market. Tesla CEO Elon Musk recently announced that the company's future focus will gradually shift from electric vehicles (EVs) to humanoid robots, particularly its "Optimus" model, which he described as Tesla's core competitive advantage for the next decade.

Chinese electric vehicle maker BYD’s construction site under scanner in this...

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Chinese electric vehicle maker BYD's construction site under scanner in this country. Here's why
The BYD construction site workers have been found labouring for long hours, in excess of those allowed by Brazilian law, sometimes for seven days a week, while being kept in what authorities described as degrading conditions, among other labour violations.

Tesla’s Shanghai megafactory to complete construction by end of year

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An aerial drone photo taken on Sept. 26, 2023 shows the Tesla Gigafactory in Lingang new area of the China (Shanghai) Pilot Free Trade...

BYD’s 10 millionth electric compressor rolls off the production line, taking...

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BYD's 10 millionth electric compressor rolls off the production line, taking only 17 months to go from 5 million to 10 million. United Arab Emirates
Bitauto News: Recently, BYD's 15th Division Air Conditioning Factory announced the official rollout of its 10 millionth electric compressor. BYD stated that it took 120 months to go from the birth of the first prototype in 2011 to the production of the 1 millionth unit in 2021. However, it only took 30 months to reach 5 million units by 2023, and just 17 months to reach the current milestone of 10 million units.

How China Made Elon Musk’s Celebrity Mom Its ‘Secret Weapon’

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Elon Musk might be all the rage in Washington these days, but his mom, Maye Musk, is lighting up Beijing—and the other cities she visits across China. The 76-year-old mother of the world’s richest man has been jetting around the People’s Republic of China for years. But this month alone, she has attended a gala dinner in Hangzhou, graced the red carpet at a cosmetics show in Wuhan and signed copies of the Chinese edition of her book, A Woman...

China proves hydrogen is not the future: This engine uses a...

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Hydrogen, a water-based fuel substance, is known to be the future of green fuel. This is true because many automakers are utilising it and making it work

We Think Boyd Gaming (NYSE:BYD) Is Taking Some Risk With Its...

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We Think Boyd Gaming (NYSE:BYD) Is Taking Some Risk With Its Debt
Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...