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Markets Defused gives an easy-to-understand and straightforward recap of the day’s most engaging business and stock market news.   Microsoft is set for...

Europe, for all of its bluster, hasn’t taken a completely hard line against the import of Chinese electric cars and hybrids. The resistance in the United Kingdom has been even weaker. Now that the tariff issue has been temporarily resolved, China’s leading EV automaker has a gambit to pierce the heart of even the toughest […]

Chinese New Energy Vehicle (NEV) manufacturer is already reaping the rewards of its UEFA Euro 2024 competition sponsorship, according to insights provided

Tesla (TSLA) shareholders approve Musk's massive pay package, showing strong support. Meanwhile General Motors (GM) cuts forecast for EV production and sales for 2024.

MADRID, Spain, June 15, 2024--Dongfeng Motor grandly held Dongfeng Brand Day in Madrid, Spain. The event was attended by Ma Lei, Managing Director of Dongfeng Motor Corporation International Business Department and China Dongfeng Motor Industry Imp. & Exp. Co., Ltd., along with the executive team of Spanish partner Salvador Caetano Group. Notable figures from industry associations such as FACONAUTO, AEDIVE, ANFAC, and GANVAM were also present. Alongside media representatives and European partner

Despite privacy concerns, a huge majority of young adults would buy a car from a Chinese auto company. Biden wants to stop them.

The Chinese EV maker may escape nearly unscathed from EU tariffs, as it sponsors one of the world’s top soccer tournaments.

According to the latest Kantar BrandZ Most Valuable Global Brands 2024 report, BYD has retained its position within the Top 10 global automotive brands for the second consecutive year, with a brand value exceeding US$10 billion. As a multinational enterprise spanning automotive, rail transit, new energy, and electronics industries, BYD has established a strategic presence across six continents. In 2023,[Read More...]

BYD doesn't seem fazed by the European Union's new tariffs on Chinese electric vehicle (EV) imports.

The European Commission said it will impose extra duties of up to 38.1% on imported Chinese electric cars from July, risking retaliation from Beijing which said on Wednesday it would take measures to safeguard its interests.