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Wednesday 25 September 2024
BYD and others to challenge Tesla in China's fully electric SUV market
BYD and other Chinese electric vehicle (EV) makers are launching a range of fully electric SUVs that are intended to take on the Tesla Model Y. Chinese EV brands led by BYD have launched...
Tuesday 24 September 2024
German automotives face bleak challenge with BMW's major recall, VW to close factories
With China's electric vehicles (EVs) gaining a strong foothold and automotive sales in the European Union (EU) slowing down, traditional large Germany-based automotive manufacturers...
Friday 20 September 2024
Why China-based automotive manufacturers are not worried about Biden's EV trade war
The Biden Administration announced in May that it would be increasing tariff rates on China-based products including semiconductors and electric vehicles (EVs). USTR claimed that...
Thursday 19 September 2024
Luxshare expands in Apple supply chain and auto sector, challenging Foxconn's dominance
China-based Luxshare Precision Industry is deepening its involvement in the Apple supply chain, emerging as a growing threat to Taiwan-based Hon Hai Precision Industry (Foxconn),...
Thursday 19 September 2024
Will Luxshare gain from Huawei-shunning Chinese carmakers?
Luxshare Precision Industry's entry into the future automobile market has not been as rapid as its Chinese competitors. However, market sources suggest that Luxshare may provide Chinese...
Tuesday 10 September 2024
International EV firms struggle in China
International electric vehicle (EV) companies, such as Ford Motor and General Motors (GM), are struggling to operate in China's hypercompetitive and low-priced EV environment.
Tuesday 10 September 2024
BYD steps up EV R&D
BYD has stepped up the research and development of electric vehicles (EV) and related components, such as EV inverters.
Monday 9 September 2024
European carmakers struggle as China retaliation looms over tariffs
The European Union's temporary tariffs on Chinese electric vehicles, introduced in early July, have triggered a sharp decline in registrations across the continent. SAIC Motor's MG,...
Wednesday 4 September 2024
SAIC Motor is under severe pressure due to weakening profits and EV tariffs
The EU's announcement of a 36.3% electric vehicle (EV) tariff on SAIC Motor has placed significant pressure on the automaker. Its revenue for the first half of 2024 was surpassed...
Tuesday 3 September 2024
Shenzhen seen as capital of NEVs in China
Shenzhen is regarded as China's new energy vehicle (NEV) capital. Its track record of policy promotion and the rise of BYD have cemented its position in China's new energy supply...
Thursday 22 August 2024
EU's final draft on import duties for Chinese EVs targets overcapacity and past market disruptions
The EU's final draft on import duties for Chinese-made EVs addresses concerns about overcapacity in the Chinese industry. This decision reflects Western markets' apprehension over...
Friday 16 August 2024
China's struggle to boost domestic chip use in EVs
Bloomberg previously reported that China's Ministry of Industry and Information Technology (MIIT) has instructed EV companies like BYD and Geely to increase the procurement of domestic...
Friday 16 August 2024
BYD AI-assisted vehicle appeal diminished by market price competition
BYD has pulled out all the stops to get ahead in AI-assisted vehicle development with its progress garnering the most attention.
Tuesday 13 August 2024
Laster tech reports record 2Q24 profits, expands BYD partnership
Laster Tech, a leading LED automotive lighting module manufacturer, has reported record-breaking profits for the second quarter of 2024. The company achieved a net profit of NT$83.4...
Monday 12 August 2024
Thailand transforms into EV hub as Chinese manufacturers gain ground amid economic challenges
Thailand, a key automotive hub in Southeast Asia, is undergoing a significant shift towards electric vehicles (EVs). Driven by government incentives, many Chinese companies are entering...