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BYD says to build second EU factory despite EV slowdown

BYD says to build second EU factory despite EV slowdown

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Chinese electric vehicle giant BYD is still committed to building a second factory in Europe and will roll out hybrid cars as the EV market slows down, a group executive told AFP. Stella Li, vice president for Europe and the Americas, also shrugged off a European Union probe that could lead to tariffs on Chinese EVs. "When your competition worries about you, that means that you're super good," Li said in an interview Thursday at the Top Marques auto show in Monaco.That means that Chinese cars ha

Green Industrial Policy: A Holistic Approach

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Ilaria Mazzocco writes that U.S. policymakers face trade-offs in trade, climate, geopolitics, and domestic economic outcomes. They must approach policy with a more holistic assessment of the risks and opportunities of integrating climate strategy with economic policy.

More young Americans would consider buying China-made cars: survey

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Plus, affordable EVs from brands based in China could likely avoid U.S. tariffs if the cars are built in North America.

Geely Auto Gears up NEV Transformation and Innovation with Long-Term SiC...

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Geely Auto Gears up NEV Transformation and Innovation with Long-Term SiC Supply Agreement and Joint Lab with STMicroelectronicsST’s third generation SiC MOSFETs help increase...

EV Roundup: NIO’s Deliveries Surge 234% in May, TSLA Issues Recall...

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China-based electric vehicle (EV) players NIO Inc. NIO, XPeng Inc. XPEV and Li Auto LI recorded year-over-year growth in May 2024 deliveries, with NIO recording triple-digit percentage gains. Meanwhile, U.S. EV...

Xpeng shares surge on tech service income, upbeat comments on self-driving...

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By Sarah WuBEIJING/SHANGHAI (Reuters) -Shares in Chinese electric vehicle maker Xpeng jumped more than 10% on Wednesday driven by revenue growth from research and...

Xi’s China EV Dream Came True. 10 Years On, Walls Are...

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(Bloomberg) -- Ten years ago almost to the day, while checking out a handful of luxury sedans from one of China’s largest automakers SAIC...

Ford and GM outline dueling hybrid vehicle strategies

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By Nora EckertDETROIT (Reuters) -Ford Motor and General Motors' chiefs on Thursday offered clashing perspectives on the importance of hybrid vehicles to their long-term...

NETA Auto Announces Arrival in the Brazilian Market in 2024

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Chinese brand of electrified vehicles will launch NETA brand and three models later this year in Brazil.With a robust strategy, NETA Auto expects to...

XPeng’s Strong Quarterly Report Shows The Chinese EV Maker Created A...

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On Tuesday, Xpeng Inc (NYSE: XPEV) reported its first fiscal quarter results that showed it did a great job of narrowing its loss on the...