Etiqueta: MIIT

China uses subsidies extensively to take a leading role in the global markets of green-tech products such as battery electric vehicles and wind turbines. Against the background of the current EU investigations into Chinese subsidies in these sectors, this article takes a careful look at the Chinese subsidy system and provides new data on direct government subsidies to leading Chinese producers of electric cars and wind turbines. Extensive government support has allowed Chinese companies to scale up rapidly, to dominate the Chinese market and to expand into foreign markets. The article concludes that the EU should use its strong bargaining power due to the single market to induce the Chinese government to abandon the most harmful subsidies.

BYD’s Fang Cheng Bao brand recently released the Ti7, a premium SUV with an evolved PHEV platform. While some have been reluctant to embrace PHEVs, the quality and value in this segment makes traditional ICE models hard to justify.

Over the past few days, I have been scouring through BYD’s 1H Interim Report. Overall, performance was what I expected, if below some projections, but a few notable items stood out.

Chinese automaker BYD's luxury Yangwang U9 supercar reached an astonishing {{472.41 km/h}}, challenging gasoline hypercars at a fraction of the cost, though its claim as the world's fastest EV comes with a few caveats.

While 3000hp+ hypercars setting records can seem pointless to many, the technological development and testing can benefit more practical EVs. Racing can also go a long way toward changing consumer perceptions and building excitement for the transition to electric vehicles.

The Corvette CX making its debut this weekend packs 2,000 hp. It's almost perfect, but for one problem: the new BYD has 1,000 more hp.

The Roadster is one of the most anticipated vehicles of all time, especially because we've all had to wait so long for it. On its own, it will have a 1.9-second 0-60 MPH acceleration rate, which is projected to be better than the 2.3 seconds the U9 Track Edition will offer.

How do you make a bunny hopping, self-driving electric car that can jump over a variety of obstacles even more capable? You give it the most power an electric vehicle (EV) has ever seen.

Chinese electric vehicle giant BYD is gearing up to launch a mind-blowing 3,000-horsepower electric supercar: the Yangwang U9 Track Edition. According to leaked documents filed with China's Ministry of Industry and Information Technology (MIIT), and reported by Electrek, the current U9 model already delivers an impressive 1,300 horsepower. It can a...

The all-new Volvo XC70 has rolled off the production line in China from Volvo’s Taizhou plant, ahead of the start of its pre-sales at the upcoming Chengdu