Etiqueta: SAIC
China Now Sells Half of the World’s EVs—Here’s Why It Matters
Chinese electric vehicle (EV) manufacturers are dominating the global market, with BYD dethroning Tesla as the world's top battery electric vehicle (BEV) seller in 2024, according to a report by Electrek. The International Council on Clean Transportation (ICCT)'s latest study reveals that China now accounts for more than half of the global electric...
China car parts suppliers are wary of carmakers’ bill payment pledge
The widespread use of delayed payments is indicative of the industry’s stress as the price war squeezes margins.
Chinese carmakers vow to make timely supplier payments as backlash to...
Major Chinese car manufacturers have pledged to make payments to suppliers within 60 days, responding to a recent outcry from steelmakers over long payment times as well as regulatory pressure as the backlash to a punishing price war grows.
Chinese automakers including BYD, Geely, Xpeng pledge to shorten payment cycles...
China's major automakers and some new carmakers have pledged to shorten supplier payment terms amid concerns about supply chain security.
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.
Huawei-SAIC’s “Shangjie” EV spotted, set to be HIMA’s most accessible model
Huawei & SAIC's first joint EV hits the road: the most affordable HIMA car yet
The post Huawei-SAIC’s “Shangjie” EV spotted, set to be HIMA’s most accessible model appeared first on CarNewsChina.com.
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).
Chinese government attempts to limit inland price wars
The Chinese government is getting involved in the wave of discounts for electric cars triggered by BYD. At a meeting organised by the Ministry of Industry and
El gobierno chino intenta limitar la guerra de precios en el...
El gobierno chino se está implicando en la oleada de descuentos para coches eléctricos impulsada por BYD. En una reunión organizada por el Ministerio de Industria y
BYD: Will it become the next Evergrande?
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...
