Etiqueta: Tariffs

KARACHI: China’s BYD, the world’s largest New Energy Vehicle (NEV) manufacturer and Pakistan’s Mega Motor Company (MMC) have partnered with Hub Power Company (HUBCO) to launch the country’s largest

BYD’s ultra-affordable Seagull was its top-selling EV last month, with over 55,000 units sold. With prices starting at under $10,000...

Once seen as a producer of clumsy knock-offs, Chinese carmakers have catapulted to the forefront of the growing global EV industry.

Heavy tariffs on Chinese-made BEVs are pushing the country’s automakers to focus on PHEVs instead. By Stewart Burnett

An Industry Transformed: My Firsthand Impressions

The automaker is invested heavily in Europe, and already building two local factories

ICBC-RESULTS/ (WRAPUP 1):WRAPUP 1-China's Big Five banks post slimmer margins as economic challenges persist

The Shanghai Auto Show is about to open, attracting nearly 1,000 companies and over 100 new car launches. Automakers are placing more emphasis on technology displays, attracting a large number of overseas visitors, especially automotive agents. During the exhibition, 30% of the visitors at the NIO booth were foreigners, indicating that Chinese auto shows are evolving into a global hub. Overseas audiences have shown a strong interest in charging and battery swapping technologies, with particular attention to NIO's battery swapping technology

Donald Trump's trade war with China wasn't mentioned much at the Auto Shanghai show. But the trade battle still was a cloud hanging over the event.

The president is shaking would-be investors’ confidence in the US just as China’s car sector flourishes.