Etiqueta: subsidy

Most variants of the Tang DM-i now offer a 175-km battery range, up from the previous 115 km.

China uses subsidies extensively to take a leading role in the global markets of green-tech products such as battery electric vehicles and wind turbines. Against the background of the current EU investigations into Chinese subsidies in these sectors, this article takes a careful look at the Chinese subsidy system and provides new data on direct government subsidies to leading Chinese producers of electric cars and wind turbines. Extensive government support has allowed Chinese companies to scale up rapidly, to dominate the Chinese market and to expand into foreign markets. The article concludes that the EU should use its strong bargaining power due to the single market to induce the Chinese government to abandon the most harmful subsidies.

BYD has reportedly lowered its annual sales target from 5.5 to 4.6 million vehicles. Signs had already emerged that the company would struggle to reach the

Tesla's sales in key European markets have declined for eight straight months, with sharp drops in France (47.3%), Sweden (84%), and Denmark (42%), amid rising competition from BYD and an aging product lineup. Consumer backlash against Elon Musk exacerbates the slump, threatening Tesla's global position despite gains in Norway and Spain.

Over the past few days, I have been scouring through BYD’s 1H Interim Report. Overall, performance was what I expected, if below some projections, but a few notable items stood out.

Tesla is no longer the world’s top EV seller. A Chinese rival has surged ahead with futuristic cars, eye-watering sales, and global ambitions backed by billions in state support. Yet beneath the glossy image lie hidden debts, recalls, and growing international scrutiny.

Tesla sales plunged again in Europe in July as car buyers continued their migration to Chinese rival BYD.

BYD has begun exporting cars made in Thailand to Europe, partly in response to Thai policies that apply to vehicle imports.

BYD has reached a new milestone in its Southeast Asian operations by starting exports of electric cars from Thailand to Europe. The first model shipped is the

Detroit isn’t doomed, said Dan Sperling, founding director of the UC Davis Institute of Transportation Studies. But it requires some key policy support.