Etiqueta: Chery

BYD and other companies doubled their share of the car market after the European Union imposed higher tariffs on electric vehicles from China.

Chinese electric vehicle (EV) manufacturers are dominating the global market, with BYD dethroning Tesla as the world's top battery electric vehicle (BEV) seller in 2024, according to a report by Electrek. The International Council on Clean Transportation (ICCT)'s latest study reveals that China now accounts for more than half of the global electric...

KG Mobility will deepen its ties with Chinese automakers like BYD and Chery Automobile in a bid to offer alternative electric options like hybrids and extended-range EVs at “reasonable prices.”

BYD's Stella Li said China's EV price war is unsustainable and explains why the company cut prices.

Major Chinese car manufacturers have pledged to make payments to suppliers within 60 days, responding to a recent outcry from steelmakers over long payment times as well as regulatory pressure as the backlash to a punishing price war grows.

China's major automakers and some new carmakers have pledged to shorten supplier payment terms amid concerns about supply chain security.

Chinese electric-vehicle makers led by BYD beat Tesla in the competition to produce affordable electric vehicles. Now, many of those same fierce competitors are pulling into the passing lane in the global race to produce self-driving cars.

AUSTIN, Texas (Reuters) -Chinese electric-vehicle makers led by BYD beat Tesla in the competition to produce affordable electric vehicles. BYD shook up China’s smart-EV industry earlier this year by offering its “God’s Eye” driver-assistance package for free, undercutting the technology Tesla sells for nearly $9,000 in China. “With God’s Eye, Tesla's strategy starts to fall apart,” said Shenzhen-based BYD investor Taylor Ogan, an American who has owned several Teslas and driven BYD cars with God’s Eye, which he called more capable than Tesla’s “Full Self-Driving” (FSD).