Etiqueta: subsidy

Xpeng was at 8,800 units, Li Auto 7,700, Zeekr 3,500, Leapmotor 5,500 and Aito 3,900.

BYD could become the "Toyota" of the global EV market, said JPMorgan.

The EU should revamp its industrial policy for clean technologies not to cede leadership in clean tech manufacturing to China as Trump's America backtracks from decarbonisation goals.

Chinese automakers are making significant strides in their global expansion, with Chinese brands attracting a multitude of attention at the Indonesia International Motor Show and some companies reporting robust sales in overseas markets.

After decades of growing trade and current account imbalances in the U.S., the new administration has set out to change this equation. Now, a new mercantilism, rooted in tariffs and trade protection…

At least 21 EV models would be fitted with the system, bringing down the entry cost for EVs with autonomous driving capabilities.

In the 2024 global automotive sales ranking, BYD ranked fifth in the world with sales of 4.27 million vehicles, while Geely Group entered the top ten with sales of 3.34 million vehicles. This marks the first time that two Chinese independent car manufacturers have entered the global top ten, demonstrating the strong growth and international competitiveness of the Chinese automotive market. With the increasing penetration of new energy and intensified market competition, it is likely that more Chinese car manufacturers will join the global top ten in the future

With Gasgoo Daily, we will offer daily important automotive news in China. For those we have reported, the title of the piece will include a hyperlink, which w

The European Commission can take a better route than imposing countervailing duties on Chinese electric vehicles

BYD, the world's largest electric vehicle (EV) maker, has earmarked US$5 billion for foreign exchange derivatives trading to reduce risks to its fast-growing global operations from the yuan's volatility amid rising geopolitical tensions. "To offset the adverse impact from wild fluctuation in exchange rates and save financial expenses, the company has decided to carry out foreign exchange hedging through derivatives trading," BYD said in a filing to the Hong Kong stock exchange on the weekend. "T