Etiqueta: Stellantis

A top industry group had a stern rebuke Saturday for automakers fuelling a "price war", a week after Chinese EV giant BYD announced sweeping trade-in discounts, with multiple competitors following suit.Days later, Stellantis-backed Chinese EV startup Leapmotor announced similar discounts on two "entry-level" models through June 8.

Also in today’s newsletter, Singapore’s ‘scamdemic’, and Trump media group plans to raise $3bn to spend on crypto

Shares in Chinese electric vehicle (EV) makers slumped on Monday despite surging interest from UK buyers, as industry titan BY introduced a round of new price cuts in an already bruising market battle. Hong-Kong listed BYD dropped as much as 8.25 per cent from a record high set last week, after an announcement over the [...]

Industry leader BYD announces fresh round of price cuts for its models

After poaching some of the best Western auto talent, China’s car industry is about to dominate globally with charging rates, ranges, luxury design, technology, and sheer volumes.

Today, we're looking at European buyers are picking BYD over Tesla, and the UAW says Stellantis' proposed Detroit hub will cut jobs.

Hungary will manufacture the next generation of electric vehicles, Prime Minister Viktor Orbán announced after signing a strategic agreement with Chinese carmaker BYD, marking a milestone in Chinese–Hungarian industrial cooperation.

Less than five months since its launch in Australia a heavily updated 2026 Leapmotor C10 has been unveiled.

China's leading electric car manufacturer BYD is reportedly aiming to sell half of its vehicles abroad by 2030. Last year, the foreign share was only around