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China's BYD expects to swiftly lift sales in Germany, executive tells FAS

China’s BYD expects to swiftly lift sales in Germany, executive tells...

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Chinese electric carmaker BYD expects to boost sales in Germany within six months, executive vice president Stella Li said in an interview published on Saturday. BYD would gain a foothold in Germany in "less than half a year," Li told the Frankfurter Allgemeine Sonntagszeitung (FAS) newspaper. She criticised European Union tariffs on China-made electric vehicles (EVs) from next month, which Germany had opposed, as a loss for the consumer, adding BYD would start producing cars by the end of 2025 in Hungary.
China's BYD expects to swiftly lift sales in Germany, executive tells FAS By Reuters

China’s BYD expects to swiftly lift sales in Germany, executive tells...

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China's BYD expects to swiftly lift sales in Germany, executive tells FAS
BYD teases its new full-size luxury electric SUV [Images]

BYD teases its new full-size luxury electric SUV [Images]

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BYD is preparing to launch its new full-size luxury electric SUV later this year. Ahead of its official debut, BYD...
SAIC falls, BYD is the new king – BYD is now China’s largest automotive group

SAIC falls, BYD is the new king – BYD is now...

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BYD is now officially China's largest automotive group after beating out SAIC's overall sales for the year up until the end of September.

The post SAIC falls, BYD is the new king – BYD is now China’s largest automotive group appeared first on CarNewsChina.com.

Alibaba, the Chinese giant that lost market share and valuation due...

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(By Taylor and Maurizio, with the collaboration of Maximiliano Mauvecin) In a special two-part article, we address the problems of Alibaba and its relationship with the root of its major issues: Chinese Statism. In this first piece, we focus on its nightmare of external genesis. A clear example of how, if China were to set aside its "capitalist communism" and embrace freedom and independent justice, it would already be the number one power today. The other significant issue for the rest of the world is: if it becomes the number one power, still without respect for liberties, without protection of private property, and without independent justice, how will it affect the free world, individual respect, and fair competition? In a world where the digital economy is advancing by leaps and bounds, the Chinese giant Alibaba stands out as a colossus in the realm of e-commerce. Amid a complex regulatory environment and uncertain business climate, Alibaba faces significant challenges that could define its future and that of the Chinese economy. Its substantial decline is strictly due to the impact of stateist, communist policies from the Chinese government, resulting in millions in market and capitalization losses. This article explores the evolution of Alibaba, its current difficulties, and the opportunities that could arise if the Chinese government opts for a more favorable approach toward the private sector and sets aside interventionist regimes, granting freedom and respect for private property and individual decisions.

Alibaba: Between the Challenge of Chinese Statism and Hope in the...

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(By Taylor and Maurizio, with the collaboration of Maximiliano Mauvecin). In a more internal and competitive analysis, Alibaba, a giant that if it were in the USA, Ireland, Germany, El Salvador, or any free country, could today be among the top 3 strongest companies in the world. E-commerce is advancing rapidly, and Alibaba Group Holding Limited has become an iconic name. However, the recent turbulence in its finances and market performance has raised concerns among investors and analysts. As the company faces significant operational challenges, from the slowdown of e-commerce in China to uncertainty in its international expansion strategy, it is crucial to understand the current context and future implications for this giant of digital commerce.

EU backing for China EV tariffs shows Berlin’s waning influence

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German Chancellor Olaf Scholz's rejection of EU tariffs on Chinese electric vehicles failed to stop fellow European Union members voting in favour, exposing how a divided Berlin is struggling to drive EU policy.

China’s plan to get around Western tariffs: Fill the world with...

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In response to the trade war, the Asian giant is investing billions of dollars abroad in plants, especially in industries linked to the energy transition

Leapmotor teases new model B10, to debut at Paris auto show...

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The B10 SUV, the first global model of Leapmotor's new B platform, will make its official debut at the Paris auto show, which opens on October 14.

SGMW’s Light of ASEAN concept car with gull-wing doors unveiled

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ASEAN stands for The Association of Southeast Asian Nations, inclusive of Indonesia, Vietnam, Laos, Brunei, Thailand, Myanmar, the Philippines, Cambodia, Singapore, and Malaysia.