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Volkswagen’s Chinese JV to launch two NEVs by 2027 – developed exclusively for China

Volkswagen’s Chinese JV to launch two NEVs by 2027 – developed...

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The FAW-Volkswagen JV will launch two new energy vehicles (NEVs) built on the CMP platform by 2027. These models are developed in China.

The post Volkswagen’s Chinese JV to launch two NEVs by 2027 – developed exclusively for China appeared first on CarNewsChina.com.

Exclusive: Germany lobby group says China’s rare earth curbs could halt...

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China's export restrictions on rare earths that are widely used by the auto industry could disrupt, or even halt, German car production, Germany's VDA auto industry lobbying group said on Tuesday.

Exclusive-Car makers warn China’s rare-earth curbs could halt production

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WASHINGTON (Reuters) -Global auto executives are sounding the alarm on an impending shortage of rare-earth magnets from China – used in everything from windshield-wiper motors to anti-lock braking sensors – that could force the closure of car factories within weeks. In a previously unreported May 9 letter to Trump administration officials, the head of the trade group representing General Motors, Toyota, Volkswagen, Hyundai and other major automakers raised urgent concerns. "Without reliable access to these elements and magnets, automotive suppliers will be unable to produce critical automotive components, including automatic transmissions, throttle bodies, alternators, various motors, sensors, seat belts, speakers, lights, motors, power steering, and cameras," the Alliance for Automotive Innovation wrote the Trump administration.

China signals softer stance on rare earth export curbs

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China said it would cooperate further with other countries over its rare earth export controls as shortages put auto and semiconductor makers in Europe and India at risk of closure.
BYD exec refutes allegations calling NEV maker 'Evergrande of auto industry'

BYD exec refutes allegations calling NEV maker ‘Evergrande of auto industry’

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BYD's brand chief refuted recent allegations based on metrics including debt ratio, total debt, and payment cycles to suppliers.

China’s magnet curbs risk halting Indian car production

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Indian auto production could grind to a halt within days due to Chinese export restrictions on rare earth magnets, according to company executives and documents from industry groups, which want the government to lobby Beijing to relax the curbs.
BYD’s Aggressive EV Price Cuts Spark Market Shake-Up and Stock Declines

BYD’s Aggressive EV Price Cuts Spark Market Shake-Up and Stock Declines

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China’s electric vehicle (EV) giant BYD Co. has ignited a fresh wave of competition in the world’s largest auto market by slashing prices by up to 34% on 22 electric and plug-in hybrid models.
BYD Sparks Price War In China, Slashes New Car Prices By Up To 34%

BYD Sparks Price War In China, Slashes New Car Prices By...

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BYD has shocked the new car marketplace in China by slashing prices on its cars by up to 34%. Is it playing the long game?
Pre-production Volkswagen ID.Evo full-size SUV with Xpeng tech assembled at the loss-bearing Chinese plant

Pre-production Volkswagen ID.Evo full-size SUV with Xpeng tech assembled at the...

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The pre-production variant of the Volkswagen ID.Evo full-size electric SUV was assembled at the loss-bearing Chinese plant in Anhui.

The post Pre-production Volkswagen ID.Evo full-size SUV with Xpeng tech assembled at the loss-bearing Chinese plant appeared first on CarNewsChina.com.

China’s EV giant BYD decimates local competition with cheaper cars

China’s EV giant BYD decimates local competition with cheaper cars

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BYD’s fresh price cuts have reignited China’s fierce EV price war, sending stocks of major local automakers tumbling.