Etiqueta: Chery

BARCELONA (Reuters) -When Javier Hernandez went car shopping in Barcelona, he ended up choosing a plug-in hybrid by China's BYD - swayed by a price nearly 10,000 euros cheaper than European rivals. With government subsidies, the BYD Seal U DM-I Hernandez opted for starts at around 30,000 euros ($35,289) in Spain, compared to over 40,000 euros for VW's Tiguan and Peugeot's 3008 plug-in hybrid models. Cost-conscious buyers like Hernandez are fuelling rapid growth for Chinese EV carmakers like BYD in Spain and around Europe, stepping up competition with regional and U.S. rivals like Tesla, Stellantis and Volkswagen.

The Mexican government’s plans to raise tariffs on Chinese-made cars to 50% could stall BYD’s growth engine in the North American market

Chery joins the barrage of Chinese firms going public in Hong Kong, where listing proceeds have soared to a four-year high. Read more at straitstimes.com. Read more at straitstimes.com.

Manufacturers have to to reveal their projects to the Chinese government, and these are all cars of the future in China, including the Toyota bZ7 and GMW ORA 5

The lidar maker is expanding its role in autonomous driving as it secures exclusive supply rights for a U.S. robotaxi fleet and strengthens its position in Hong Kong amid delisting risks in the U.S.

China's BYD said on Monday it would actively respond to an industry initiative that fleshes out rules on automakers making timely payments to suppliers, joining others in complying with a government call against price wars. The Chinese electric vehicle giant said it will focus on order confirmation, delivery and acceptance, payment and settlement, and contract duration among other key links in ensuring timely payments. The statement and similar pledges by major Chinese automakers including SAIC Motor, Changan, Chery and Xiaomi followed an initiative by China's Association of Automobile Manufacturers earlier in the day.

This is the first of a monthly series about China’s MIIT list that unveils upcoming vehicles long before their official launch. Today, with cars from Baojun, iCar, Leapmotor, Toyota, and Voyah. Huawei is ever-present, supplying motors and software to almost everybody. There’s a truck too, and an H8 motorbike.  What is the MIIT list? Every […]

Ilaria Mazzocco, Ryan Berg, and Rubi Bledsoe write about the climate and economic opportunities and risks that come from new investments by China in value chains in Latin America and the Caribbean. In response, Washington must find new ways to engage with the region.