Etiqueta: Volkswagen

VW, BMW and Mercedes will unveil new EVs and concept cars in an effort to recapture relevance in the world’s largest and most volatile auto market.

Chinese EV giant BYD expanded its global market share on the back of lower prices, vertical integration and research and development. However, it now faces challenges amid tariff wars and growing strategic concerns.

The “In China, for China” strategy of the Volkswagen brand is taking on visible form: At this year’s Auto Shanghai (April 23 to May 2), one of the world’s most important motor shows, VW’s three Chinese joint ventures will present electric concept cars. The spotlight is on an electric notchback model from FAW-Volkswagen, an electric SUV in the B segment with extended range due to range-extender technology (EREV) from SAIC VOLKSWAGEN as well as an all-electric SUV from Volkswagen Anhui. All three concept cars embody Volkswagen’s new China DNA – both in terms of technology and design and in relation to development time, which has been cut by more than 30 percent.

CATL and BYD's combined EV battery installed capacity in January-February was 71.5 GWh, accounting for 55.1 percent of the global total.

BYD Co Ltd BYDDY has delivered an impressive performance, with its stock surging nearly 70% over the last 12 months. This strong upward move has sparked a debate among investors — is the rally signaling lasting strength, or could it be time for expectations to level off? To get a clearer view, it’s…

Top 10 local EV makers dominate sales and drive home advantage with faster charging and autonomous systems

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.

Ten carmakers, including BMW and Ford , and two trade bodies have reached a settlement with the UK's antitrust regulator to pay 77.7 million pounds ($100.43 million) in fine after admitting to breaking vehicle recycling-related competition law, Competition and Markets Authority said on Tuesday.