Tesla China has reduced the starting price of its Model Y rear-wheel drive model to CNY239,900 (US$32,870) on its official website, making it the lowest-priced version of this model...
Following Xiaomi's venture into electric vehicles, automakers are now emerging as key players in the humanoid robot market. Tesla CEO Elon Musk recently announced that the company's...
Chinese automakers captured their smallest share of Europe's electric vehicle (EV) market in eight months after new tariffs increased the cost of importing cars to the region by as...
The European Union initiated a sweeping investigation into Chinese EVs in October 2023, imposing additional tariffs based on automaker compliance levels. BYD and Geely Auto face tariffs...
On November 26, BYD announced a directive requiring its suppliers to implement a 10% cost reduction starting January 1, 2025. Following this, SAIC Maxus has reportedly launched a...
As the European Union implemented tariffs on Chinese electric vehicles on October 31, both European and Chinese EV supply chains have begun executing contingency plans. The tariffs...
BYD's new energy vehicle (NEV) sales excelled in October, buoying the performance of its Taiwanese suppliers in the fourth quarter of 2024, according to market sources.
The European Union (EU) has imposed countervailing tariffs on Chinese electric vehicles (EV) for five years, levying significant duties on Chinese brands including BYD, Geely Automobile...
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...
Foreign auto joint ventures (JVs) that once dominated China's car market are rapidly losing market share to local electric vehicle (EV) manufacturers, according to industry sources...
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,...
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...
A new set of regulations governing mandatory local supply chain cooperation value ratios, announced by Taiwan's Ministry of Economic Affairs (MOEA) on July 30 and swiftly implemented...
The Volkswagen Group, one of the major foreign automakers operating in China, signed multiple new energy technology cooperation agreements with the SAIC Group on June 27.