Etiqueta: SAIC

According to a recent report by Counterpoint Research, Chinese electric vehicle maker, BYD is en route to surpass Tesla in battery electric vehicle sales this year.

After slashing prices on its electric cars in Thailand, BYD is facing backlash from buyers. With up to nearly $10,000...

Experts say price cuts and a shift in consumer preference from gasoline-powered vehicles to EVs are driving strong sales for Chinese EV makers.

When Germany’s national football team takes the field in Dortmund on Saturday, a game of geoeconomic chess will be taking place on the sidelines, with stakes that go beyond the European Championship.

The European Union (EU) reportedly revised its proposed tariffs on Chinese EV imports after gathering more information.

Chinese carmakers BYD and SAIC subsidiary MG have not yet decided whether they will increase prices on electric vehicle sold in the European Union to offset the impact of additional duties, sources close to the two groups have told Reuters. The sources said that there would be no decision before July 4 when the provisional duties take effect. A spokeswoman for Dacia, Renault's low-cost brand whose electric Spring is imported from China, said that an announcement on its price was "not on the agenda".

Chinese carmakers BYD and SAIC subsidiary MG are awaiting confirmation of new European tariffs on imports of Chinese-made electric vehicles before deciding on any price hikes in Europe to offset the...

Chinese firms have reported a decline in sales and a hit to brand image as a result of the EU's recently concluded anti-subsidy probe

Chinese EV makers, including BYD, accounted for over 40% of German EV imports through April 2024. China remained the largest...