Etiqueta: Chery
China’s BYD, Chery Tangled in $53 Million Improper Subsidy Case
The Chinese government has previously said automakers will have to repay subsidies that they have been found to have claimed improperly
China: BYD and Chery improperly claimed CN¥383m subsidies
China intensifies scrutiny of its automotive industry as a two-year price war starts impacting profits across the supply chain. By Stewart Burnett
The Subsidy Scandal Shaking China’s EV Giants: BYD and Chery’s Risky...
The Subsidy Scandal Shaking China's EV Giants: BYD and Chery's Risky Road Ahead
China’s Chery, BYD may have to repay subsidies after audit finds...
SHANGHAI/BEIJING (Reuters) -China's Chery and BYD improperly claimed a combined $53 million in government subsidies for eco-friendly vehicles sold in the five years to 2020, accounting for nearly 60% of improper claims, an industry ministry audit found. Chery had 7,663 vehicles disqualified while BYD had 4,973. The ministry, Chery and BYD did not reply to requests for comment.
Europe’s automotive industry at a crossroads
A new study models the impact of EU electric vehicle leadership and ambitious policies on investment and jobs.
First batch of solid-state batteries from Chery-backed company produced in China
The first-gen solid-state batteries from the Chery-backed Anwa Technology has an energy density of 300 Wh/kg.
The post First batch of solid-state batteries from Chery-backed company produced in China appeared first on CarNewsChina.com.
Major Chinese automakers H1 2025 sales report: BYD and SAIC top...
BYD dominates, Geely ambitious: Chinese automakers surge in H1 2025
The post Major Chinese automakers H1 2025 sales report: BYD and SAIC top 2 million units, Geely raises full-year targets appeared first on CarNewsChina.com.
BYD’s EV Price War: Catalyst for Consolidation or Margin Minefield?
BYD's EV Price War: Catalyst for Consolidation or Margin Minefield?
449 HP and the end of electric cars — Not BYD,...
A Chinese carmaker launched the 449 HP Omoda 9 SHS hybrid in Europe, challenging the all-electric trend with luxury, range, and power. End of electric cars?
Industrial Policy with Chinese Characteristics: The Political Economy of China’s Intermediary...
Meng Jie and Zhang Zibin examine how China’s institutional innovations and inter-governmental competition support a mission-oriented approach to industrial policy and development, distinguishing it from neoliberal models.
