Etiqueta: Europe

Maruti Suzuki has cut near-term production targets for its maiden electric vehicle e-Vitara by two-thirds because of rare earths shortages, a document showed, in the latest sign of disruption to the auto industry from China's export curbs.

Tesla has a new competitor. Yes, that’s right, it’s called Xpeng Motors, it’s Chinese and it promises a more sustainable future. Until now, Tesla had been the

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).

It’s no secret — China’s electric vehicle market is the most developed in the world. Related to that, EVs account for about half of the country’s new car sales, and it’s a hyper-competitive market where many automakers are struggling to scale up, outcompete each other on price, and eventually make ... [continued]

BYD appointed former Stellantis executive Gianluca Zampese as head of its light commercial vehicle business in Europe, Reuters reported Monday. Zampese will also serve as BYD's LCV country...

BYD, Chery Push Hybrids to Avoid Tariffs in Europe

China's electric car price war shows little sign of letting up, putting more pressure on companies to survive.

Tesla's superiority in the electric vehicle world is being increasingly threatened by ambitious competitors, particularly those who hail from China.