Etiqueta: Europe
Exclusive: India’s Maruti Suzuki cuts near-term EV production amid rare earths...
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.
Goodbye Tesla and BYD – this new competitor is launching 100,000...
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
Tesla’s self-driving future under threat from China’s auto, tech giants
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.
Rare earths are not rare: Chinese move can backfire
China's export controls on rare earth elements, crucial for various industries, have sparked global concern, particularly in the electric vehicle sector. While China dominates rare earth mining and refining, this strategic move to weaponize these resources is incentivizing other nations to develop their own supply chains and explore alternative materials.
Why China’s auto, tech giants threaten Tesla’s self-driving future
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).
China’s EV Moves in UK & EU Progressing
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 Company Appoints Former Stellantis Exec to Lead European LCV Expansion
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
BYD, Chery Push Hybrids to Avoid Tariffs in Europe
China’s EV race to the bottom leaves a few possible winners
China's electric car price war shows little sign of letting up, putting more pressure on companies to survive.
