Etiqueta: Xpeng

Chinese automaker BYD has made significant strides in humanoid robotics, establishing a dedicated department under Chairman Wang Chuanfu. After recruiting talent last year, the company is ready to transition from R&D to mass production of humanoid robots. Before elevating the humanoid project to a full business unit, BYD assembled a specialized tea...

Major Chinese car manufacturers have pledged to make payments to suppliers within 60 days, responding to a recent outcry from steelmakers over long payment times as well as regulatory pressure as the backlash to a punishing price war grows.

China's major automakers and some new carmakers have pledged to shorten supplier payment terms amid concerns about supply chain security.

Tesla has a new competitor. Yes, that’s right, it’s called Xpeng Motors, it’s Chinese and it promises a more sustainable future. Until now, Tesla had been the

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.

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).