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BYD Denza, Fang Cheng Bao start recruiting dealers, move away from direct sales-only model

BYD Denza, Fang Cheng Bao start recruiting dealers, move away from...

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Denza and Fang Cheng Bao are recruiting dealers, becoming the latest Chinese auto brands to abandon their direct-only sales model.

VCTC Kicks Off Plugfest to Advance Digital Keys by Enhancing Ultra-Wideband...

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HEFEI, China, June 17, 2024--In a recent McKinsey Mobility Consumer Pulse survey, a majority of respondents, especially those in China, noted they are very likely to buy connectivity features in their next vehicle. In an effort to continually advance connected car technology, VCTC today will host a collaborative Plugfest to test digital keys in partnership with the CCC, a leading automaker and smart device standards group. Through this work, VCTC and the CCC, alongside the CCC’s global membershi
China decodes EVs and puts Tesla in check: 1300 miles without recharging

China decodes EVs and puts Tesla in check: 1300 miles without...

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China has "decoded" EVs and has put Tesla in check, while American experts are on edge: 1300 miles without recharging and the end of this
Automakers' share of China NEV market in May: BYD tops with 33.4%, Tesla 3rd with 6.9%

Automakers’ share of China NEV market in May: BYD tops with...

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In the January-May period, BYD was No. 1 in China's NEV market with a 34.0 percent share, while Tesla was No. 3 with 6.7 percent.
Xiaomi, BYD pour CNY100 billion respectively into smart vehicle technology

Xiaomi, BYD pour CNY100 billion respectively into smart vehicle technology

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BYD founder and chairman Wang Chuanfu said EVs are still gaining momentum in replacing internal combustion engine vehicles. He also announced that BYD will invest CNY100 billion (US$13 billion) in smart vehicle technology development.

Tesla stock surges on ‘watershed’ full self-driving approval in China

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Tesla (TSLA) stock soared on Monday following reports that CEO Elon Musk won Chinese approval to deploy the automaker’s Full Self-Driving (FSD) autonomous software...
How Ford Could End Up Being America’s Affordable EV King

How Ford Could End Up Being America’s Affordable EV King

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Ford's CEO, Jim Farley, revealed to Yahoo Finance that the automaker is serious about making affordable EVs for Americans.
Nio's new orders in May up 37% from Apr, Deutsche Bank survey shows

Nio’s new orders in May up 37% from Apr, Deutsche Bank...

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BYD and Tesla both saw record highs in new orders in China in May, according to Deutsche Bank.