Etiqueta: exports

The Terminal Marítima de Mazatlán (Tmaz), a port controlled SAAM Terminals, has become the first port in Mexico to receive a vessel of BYD.

(Reuters) -The world's largest car-carrying ship - with the equivalent of 20 football fields of vehicles - completed its maiden journey late last month to dock in Brazil's Itajai port. BYD, China's top producer of electric and plug-in hybrid vehicles, is offering Brazilian car shoppers relatively low-priced options in a market where the green-car movement is still in its infancy. BYD has deployed a growing fleet of cargo ships to accelerate its expansion overseas, with Brazil becoming its top target, according to Reuters analysis of shipping data and company statements.

The world's largest car carrier making its maiden voyage is generally cause for celebration. But in the case of Chinese car manufacturer…

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.”

Spending on social media and AI has helped fuel rapid expansion into overseas markets

On June 7, the 2025 Chongqing International Auto Exhibition opened, with European media traveling to China to attend the event and visit Chinese automotive giant Changan Automobile.

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.

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.

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]