Etiqueta: Report

From aggressive pricing to global expansion and grid integration, we explore how China’s evolving EV strategy is reshaping the global landscape, international partnerships, and infrastructure transformation.

Recently, the automotive industry has been in an uproar: Great Wall Motors' Chairman Wei Jianjun's statement "the Evergrande of the automotive industry already exists, it just hasn't exploded yet" instantly ignited public opinion. Although no names were mentioned, all eyes are on BYD, which has liabilities of 594.3 billion yuan. At the same time, BYD launched the largest price cut in history during the "618" shopping festival, with 22 models seeing discounts of up to 53,000 yuan, directly causing a major dip in the new energy vehicle sector. This move has made investors restless: on one hand, there's the overwhelming "Evergrande theory," and on the other, a fierce price war...

BYD has launched the Atto 3, Seal, Sealion 7, and Seal U DM-i in Cyprus.

The figures come on the heels of China’s top industry regulator promising to strengthen efforts to rein in “involution-style” competition in the country’s auto industry.

Tesla's robotaxi launch is sparking buzz, but with weak EV sales and rising rivals like BYD, is TSLA still worth the hype?

Chairman of Great Wall Motor says EV price war, profitability problem could nudge industry into a liquidity crunch.