Han, Seal, Seagull, Yangwang, Denza — and the export machine reshaping the global market. The world’s largest EV maker, watched closely.
The Biden administration is revving up efforts to ban Chinese-made software for electric and connected vehicles, citing significant cybersecurity risks. This bold move, as reported by Bloomberg, stems from an in-depth investigation into potential threats that Chinese vehicle software could pose to US drivers, infrastructure, and national security at large. Cybersecurity Takes the Driver’s Seat…
BYD, the Chinese electric vehicle giant, is making significant headway in Southeast Asian markets, particularly in Singapore and Malaysia. This success is largely attributed to the company’s swift adaptation to local requirements, according to Fortune. The Right-Hand Drive Advantage Jeffrey Gan, Managing Director for Southeast Asia at Sime Darby Motors, BYD’s distributor in the region,…
Mercedes-Benz is pulling out of China’s electric vehicle market, selling its remaining stake in premium EV maker Denza. This move comes as luxury spending in the world’s largest auto market takes a hit, according to a recent report from The Wall Street Journal. Unwinding a Decade-Long Partnership The German automaker has decided to unwind its…
BYD, China’s leading electric vehicle (EV) maker, is making a bold move into Europe, with its first assembly plant set to open in Hungary. This strategic decision comes as the European Union considers raising tariffs on EVs imported from China, making local production a smart and necessary play, reports The New York Times. Racing Against…
Tesla’s performance in China remains strong, with the electric vehicle giant recording its second-best week of Q3 2024 for new vehicle insurance registrations. According to Sawyer Merritt’s post on X, 15,600 Teslas were insured in China last week. Q3 Numbers Paint a Positive Picture While this figure represents a slight 3.7% decrease from the previous…
The European car industry is in a bind as sales of electric vehicles (EVs) dropped by a staggering 44% in August compared to last year. This decline has sparked calls from the European Automobile Manufacturers Association (ACEA) to relax EU emissions targets, warning of “multi-billion-euro fines” if the shift to electric production isn’t quick enough,…
Chinese brand Omoda is making waves in the UK with an aggressive expansion plan, aiming to have 100 dealers by the end of the year. This rapid growth, from zero dealers at the start of the year, is part of a broader trend that’s set to challenge both traditional petrol car makers and EV-only brands…
Rows of unsold electric vehicles (EVs) are gathering dust at the Belgian port of Zeebrugge, a stark contrast to the bustling activity seen in previous years. Despite the port’s massive transformation to accommodate the green evolution, the demand for EVs has slowed down significantly. According to a report from ICO Terminals SA, one of the…
One email with the EV news that matters — Tesla, Rivian, BYD, and everything in between, straight from the newsroom. No spam, no fluff.
