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News, deep dives, and analysis — every China story, newest first.

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NIO

Nio’s Battery Operator Mirattery Deepens Ties with CATL for Enhanced EV Battery Swapping

Nio’s battery asset company, Mirattery, has signed a strategic cooperation agreement with leading battery manufacturer CATL to boost equity investment and expand battery swap networks, potentially improving access and efficiency for electric vehicle owners across China. Mirattery and CATL Partnership Overview Mirattery and CATL reportedly formalized their agreement in Hefei, Anhui province, with M

China

Electric Trucks Boom in China, Slashing Diesel Use and Hastening Peak Oil Demand

Electric trucks are transforming China’s heavy-duty vehicle market, with sales surging 175% in the first half of 2025 to reach 76,100 units, accounting for about 25% of all new truck sales. This rapid shift, fueled by subsidies and expanding charging networks, is cutting diesel consumption and pushing forward the timeline for peak oil demand in…

Michigan

Ford’s Michigan Battery Plant Secures Tax Credits, Boosting Affordable EV Production

In a last-minute reprieve, Ford Motor’s $3 billion battery factory in Marshall, Michigan, will retain federal tax credits despite a controversial budget bill, ensuring the production of cost-effective electric vehicle (EV) batteries, the carmaker announced this week. The NYT reports that Ford confirmed that tweaks to the bill’s language preserve incentives for the plant, which…

BYD Recalls Nearly 97,000 EVs Over Potential Fire Risk
BYD

BYD’s New Brazil Factory to Boost Electric Vehicle Production by July 2025

Chinese electric vehicle giant BYD is set to launch its first assembly plant in Brazil this month, a strategic move to localize production and counter rising import tariffs in its largest foreign market. According to Reuters, the Bahia facility will assemble 50,000 electric vehicles in 2025, marking a significant step for BYD’s global expansion and…

Tesla

Tesla Stock Plunges 7% as Musk’s Political Party Sparks Brand Concerns

Shares of Tesla, a leading electric vehicle (EV) manufacturer, are set to drop sharply after CEO Elon Musk announced the formation of a new political party, the “America Party,” raising fears among investors that his political ventures could harm the company’s brand and focus. According to The Guardian, Tesla’s stock fell over 7% in pre-market…

F-150 Lightning

Trump’s “Big Beautiful Bill” Overhauls EV Incentives and ZEV Credits: Impacts for Owners and Industry

President Trump’s “Big Beautiful Bill,” slated for signing in the coming days, delivers a seismic shift to electric vehicle (EV) incentives, Zero-Emission Vehicle (ZEV) credit systems, and clean energy policies. This legislation, detailed by EV industry analyst Sawyer Merritt, reshapes the landscape for EV owners, automakers, and enthusiasts, balancing new opportunities with significant challenges

Tesla

Xiaomi’s Bold Plan to Take Its Electric SUVs Global by 2027 Challenges Tesla

Xiaomi, the Chinese tech giant known for smartphones, is accelerating its electric vehicle (EV) ambitions with plans to sell its YU7 SUV globally by 2027, posing a direct threat to Tesla’s Model Y. The company’s automotive division secured 200,000 orders in just three minutes for the YU7 in late June, signaling strong demand in China,…

China

China’s EV Overcapacity Challenges Thailand’s Electric Vehicle Production Goals

Thailand’s ambitious plan to become a regional hub for electric vehicle (EV) production is under strain as China’s hyper-competitive EV market spills over, threatening smaller brands and local goals, reports Reuters. With Chinese EV makers dominating over 70% of Thailand’s EV market, the intense rivalry and price wars are testing the country’s strategy to have…

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