Etiqueta: Tariffs

Electric Vehicles: Innovation, Cost Fueling BYD’s Global Momentum | Global Finance Magazine

Autonews | The CCPIT serves as an international trade and economic cooperation entity which receives support from the commercial ministry of China.

The government backers of China's largest auto show have clashed over who has the rights to organise it, sowing confusion among automakers and would-be attendees just weeks before the opening of the showpiece event in the world's biggest auto market. 'Auto China' alternates between being held in Beijing and Shanghai every year and is set to be staged this year in Shanghai between April 23 and May 2, where automakers, from Volkswagen to BYD, are expected to unveil dozens of new models and discuss company strategy. A dispute between organisers China Council for the Promotion of International Trade (CCPIT) and the Council for the Promotion of International Trade Shanghai (CCPIT Shanghai) has spilled into the open after both issued separate notices last month saying they had opened media registrations.

Most papers on Wednesday are leading on Trump's threat of global tariffs.

Chinese EV giant BYD is eating Tesla's lunch as its sales soar to record highs and Tesla's fall off a cliff.

China’s BYD Co. enjoyed a strong start to 2025, with sales up 58% in the first quarter versus the same period of last year.

Chinese carmaker sold just under 1mn vehicles in first quarter

Can has previously knocked back investments from BYD, but Trump's tariffs now threaten jobs in the automotive industry, so the tables have turned

US tariffs are failing to halt the rise of cars from the Asian giant, especially in emerging markets, and could even accelerate it

International Business News: Trump’s 25% tariff on imported vehicles aids Tesla in the US but fails against China’s BYD, which leads global EV sales. Tesla faces backlash abroad d