News, deep dives, and analysis — every China story, newest first.
On July 3, 2025, Congress passed legislation that will terminate the $7,500 federal tax credit for new electric vehicle (EV) purchases or leases and the $4,000 credit for used EVs, effective September 30. This decision, reported by Reuters, marks a pivotal shift for EV owners and the automotive industry, potentially slowing the U.S.’s transition to…
China’s Xiaomi, a smartphone giant turned electric vehicle (EV) manufacturer, will prioritize its booming domestic market until 2027, when it plans to explore international car sales, CEO Lei Jun announced during a livestream on Wednesday. With its SU7 sedan and YU7 SUV driving strong demand at home, the company faces production challenges but signals ambitious…
Geely Automobile Holdings, led by billionaire Li Shufu, is making waves in Europe’s electric vehicle (EV) market by launching its namesake brand in Italy with all-electric and hybrid SUVs. Announced on Thursday, July 3, 2025, this move marks Geely’s first entry into Italy, partnering with Saudi-owned distributor Jameel Motors to introduce the EX5 electric SUV…
In 2025, Chinese automakers BYD and Chery are reshaping the electric vehicle (EV) landscape, outmaneuvering global giants like Tesla, General Motors (GM), and Volkswagen (VW) with unprecedented speed and scale. A Reuters investigation reveals how these companies slashed vehicle development times to as little as 18 months, compared to over five years for Western rivals,…
China’s electric vehicle (EV) market, the world’s largest, faces a dramatic shakeout, with only 15 of the current 129 EV and plug-in hybrid brands expected to remain financially viable by 2030, reports Reuters. Intense competition, overcapacity, and a brutal price war are forcing consolidation, reshaping the industry’s future, according to a new report from AlixPartners.…
On July 2, 2025, Lucid Group, Inc. reported a 38% increase in second-quarter vehicle deliveries, reaching 3,309 electric vehicles (EVs), up from 2,394 in Q2 2024. However, the figures missed Wall Street’s expectations of 3,611 units, reflecting challenges in the luxury EV market as economic pressures push consumers toward cheaper hybrids and gas-powered cars, according…
China’s leading electric vehicle (EV) manufacturer, BYD Co., has paused its plans to build a major production facility in Mexico due to escalating trade tensions fueled by U.S. President Donald Trump’s aggressive tariff policies, according to a Bloomberg report. The decision reflects broader uncertainties in the global EV industry as automakers navigate shifting trade landscapes…
Tesla’s second-quarter 2025 deliveries declined by 14% compared to last year, but the numbers proved less severe than anticipated, boosting the company’s stock price. According to a post on X by Sawyer Merritt on July 2, 2025, Tesla delivered 384,122 vehicles, including 373,728 Model 3 and Model Y units, and 10,394 other models like the…
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