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EU gives automakers ‘breathing space’ on CO2 emission targets

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The European Commission yielded to pressure from European automakers on Monday by giving them three years, rather than only one, to meet new CO2 emission targets for their cars and vans.
BYD Seeks $5.2b in biggest Hong Kong share sale in four Years

BYD Seeks $5.2b in biggest Hong Kong share sale in four...

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Chinese electric vehicle maker BYD is aiming to raise as much as 40.7 billion Hong Kong dollars ($5.2 billion) in what would be Hong Kong’s biggest share sale in nearly four years. The company is offering 118 million shares at 333 to 345 Hong Kong dollars each, according to terms of the deal seen by Bloomberg News. That implies a discount of up to 8.4 percent to BYD’s closing price on Monday, according to Bloomberg calculations. The transaction marks Hong Kong’s biggest share sale since food-del
China's BYD aims to raise $5B in Hong Kong's biggest share sale in four years

China’s BYD aims to raise $5B in Hong Kong’s biggest share...

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The company is offering 118 million shares at HK$333 to HK$345 each, according to terms of the deal seen by Bloomberg News. That implies a discount of...
Tesla Rival BYD More Than Doubles Passenger Vehicle Sales In February, Triples Production

Tesla Rival BYD More Than Doubles Passenger Vehicle Sales In February,...

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Chinese EV giant BYD Co sold 318,233 new energy passenger vehicles in February, marking a jump of 161.4% from last year, thanks to a major jump in plug-in hybrid passenger vehicle sales, the company said on Sunday.
China EV Giants Race Ahead as BYD, Li Auto, XPeng, and NIO Post Solid Deliveries in February

China EV Giants Race Ahead as BYD, Li Auto, XPeng, and...

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China’s electric vehicle (EV) makers are gaining speed as demand for clean energy cars keeps rising. Li Auto ($LI), XPeng ($XPEV), Nio ($NIO), and BYD ($BYDDF) all ...
China wants to end price wars but its carmakers BYD, Geely not convinced

China wants to end price wars but its carmakers BYD, Geely...

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As price wars threaten profits and innovation, Beijing struggles to curb the cycle of involution—but can it succeed without the biggest industry players on board?
Comparison of Tesla “FSD” in China with ADAS systems of Xpeng, Xiaomi, and more

Comparison of Tesla “FSD” in China with ADAS systems of Xpeng,...

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The rollout of the Tesla “FSD” system in China created a lot of buzz online. Many enthusiasts discussed its capabilities in complex Chinese roads

The post Comparison of Tesla “FSD” in China with ADAS systems of Xpeng, Xiaomi, and more appeared first on CarNewsChina.com.

Did no one think this could happen? Tesla collapses in Europe, and BYD is behind it

Did no one think this could happen? Tesla collapses in Europe,...

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Tesla's 45% sales drop in Europe reveals intense competition from BYD and European brands. Learn about factors behind Tesla's decline in the European EV market.
Meet The EV Giving Tesla A Run For Its Money

Meet The EV Giving Tesla A Run For Its Money

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How did a 20-employee company making mobile phone batteries go on to de-throne Tesla as the world’s top-selling manufacturer of electric cars? Jeremy

China mandates regulatory approvals for autonomous driving software upgrades

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Autonomous driving-related over-the-air software upgrades will be subject to regulatory approvals, China's industry ministry said on Friday, part of new regulations aimed at preventing automakers using them to conceal defects or avoid liability.