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Chinese automakers including BYD, Geely, Xpeng pledge to shorten payment cycles to suppliers

Chinese automakers including BYD, Geely, Xpeng pledge to shorten payment cycles...

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China's major automakers and some new carmakers have pledged to shorten supplier payment terms amid concerns about supply chain security.
Xiaomi SU7 Ultra sets new Nürburgring record for production EVs

Xiaomi SU7 Ultra sets new Nürburgring record for production EVs

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The production version of Xiaomi SU7 Ultra setting a new lap record at the Nürburgring Nordschleife

The post Xiaomi SU7 Ultra sets new Nürburgring record for production EVs appeared first on CarNewsChina.com.

Tesla’s self-driving future under threat from China’s auto, tech giants

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Chinese electric-vehicle makers led by BYD beat Tesla in the competition to produce affordable electric vehicles. Now, many of those same fierce competitors are pulling into the passing lane in the global race to produce self-driving cars.
Why China's auto, tech giants threaten Tesla’s self-driving future

Why China’s auto, tech giants threaten Tesla’s self-driving future

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AUSTIN, Texas (Reuters) -Chinese electric-vehicle makers led by BYD beat Tesla in the competition to produce affordable electric vehicles. BYD shook up China’s smart-EV industry earlier this year by offering its “God’s Eye” driver-assistance package for free, undercutting the technology Tesla sells for nearly $9,000 in China. “With God’s Eye, Tesla's strategy starts to fall apart,” said Shenzhen-based BYD investor Taylor Ogan, an American who has owned several Teslas and driven BYD cars with God’s Eye, which he called more capable than Tesla’s “Full Self-Driving” (FSD).
Xiaomi fights SU7 training death rumours, pushes premium-style driving program

Xiaomi fights SU7 training death rumours, pushes premium-style driving program

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The Xiaomi SU7 training program offers luxury-brand-style instruction at a lower price, while Xiaomi denies death rumors and takes legal steps

The post Xiaomi fights SU7 training death rumours, pushes premium-style driving program appeared first on CarNewsChina.com.

China’s car sales rise in May, but price wars cloud outlook

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China's car sales rose for a fourth consecutive month in May, but slower increases across major automakers highlighted concerns over aggressive price competition in the world’s largest auto market.

Chinese government attempts to limit inland price wars

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The Chinese government is getting involved in the wave of discounts for electric cars triggered by BYD. At a meeting organised by the Ministry of Industry and

El gobierno chino intenta limitar la guerra de precios en el...

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El gobierno chino se está implicando en la oleada de descuentos para coches eléctricos impulsada por BYD. En una reunión organizada por el Ministerio de Industria y
China Warns BYD, Rivals to Self-Regulate on Price War Woes

China Warns BYD, Rivals to Self-Regulate on Price War Woes

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(Bloomberg) -- Chinese officials summoned the heads of major electric vehicle makers, including BYD Co., to Beijing earlier this week to address concerns about the long-running price war, according to people familiar with the matter. Most Read from BloombergICE Moves to DNA-Test Families Targeted for Deportation with New ContractThe Global Struggle to Build Safer CarsNYC Residents Want Safer Streets, Cheaper Housing, Survey SaysThe Buffalo Architect Fighting for Women in DesignThe meeting was ho
China Warns BYD, Rivals to Self-Regulate on Price War Woes

China Warns BYD, Rivals to Self-Regulate on Price War Woes

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(Bloomberg) -- Chinese officials summoned the heads of major electric vehicle makers, including BYD Co., to Beijing earlier this week to address concerns about the long-running price war, according to people familiar with the matter. Most Read from BloombergICE Moves to DNA-Test Families Targeted for Deportation with New ContractThe Global Struggle to Build Safer CarsNYC Residents Want Safer Streets, Cheaper Housing, Survey SaysThe Buffalo Architect Fighting for Women in DesignThe meeting was ho