Etiqueta: Volkswagen

Executives speaking anonymously revealed that BYD is rethinking how it approaches the European market in the wake of the continent’s resistance to its technology.

China’s share of the UK car market has soared in the last two years to make up more than 10 per cent of imports as Brits embrace an influx of new, cheaper models. Many of China’s biggest manufacturers, from BYD to Geely, are jostling to become the dominant player in the UK EV segment, setting [...]

Auto Shanghai, now a biennial fixture alternating with Beijing and a pivotal global event, mirrors t

Competition and collaboration with local players help Volkswagen stay competitive in China's fast-moving auto market, Volkswagen Group CEO Oliver Blume told CGTN's Wang Tianyu at the 2025 Shanghai Auto Show. Blume also shared his views on competition,

EV maker's strong earnings clash with a revenue miss, testing BYD's global ambitions under tariff scrutiny

Roewe is typically positioned as an entry-level brand within the SAIC portfolio, but its latest concept boasts luxury-level looks

BYD's first-quarter profit leapt 100.4% from a year earlier, the fastest pace in nearly two years, as the Chinese electric vehicle giant extends its lead in its competitive home market by launching a smart EV price war. Net profit totalled 9.2 billion yuan ($1.26 billion), a stock filing showed on Friday, compared with the company's earlier estimate of 8.5 billion yuan to 10 billion yuan. Revenue came in at 170.4 billion yuan in the quarter, up 36.4% year-on-year versus a 10.6% rise in the previous quarter.

China's smart NEV market has been dominated by local brands, but global auto brands have caught up, said Deutsche Bank.

Auto Shanghai 2025 leaves no doubt – China has become the epicenter of the electric automotive world. While Europe is hustling, the Americans are hustling, and the Japanese are quietly manufacturing in China, Shanghai is buzzing with the electric future. It is now the center of the automotive world. And Europe is only third, right after the USA.

China not only buys more cars than any other nation. But its manufacturers have also long since become major automotive players. Nowhere in the world is the market more dynamic than here in China, where the majority of new cars on offer are now electrically powered. While motor shows in other countries have faded into insignificance, the horsepower parade in Shanghai remains a highly regarded industry summit attended by millions of people. This time around the boot is on the other foot. Whereas