Chinese electric vehicle (EV) manufacturers are showing resilience in the face of global trade restrictions, with several major players reporting significant year-on-year sales increases for August. This surge comes despite recent announcements by the European Union, United States, and Canada…
European automakers, particularly Volkswagen, are facing a significant crisis in their electric vehicle (EV) production efforts. According to a recent Bloomberg report, German and French carmakers are rapidly losing ground in the race to produce EVs, leading to potential factory…
Xpeng, a leading Chinese electric vehicle manufacturer, has announced its latest offering in the competitive EV market – the Mona M03 coupe. This new model is set to disrupt the industry with its remarkably low price point, starting at just…
BYD, China’s leading electric vehicle manufacturer, has climbed to the seventh spot in global auto sales rankings, outpacing industry stalwarts Honda and Nissan in the April-June quarter. This significant shift in the automotive landscape is largely attributed to BYD’s focus…
China has strongly criticized the European Union’s decision to impose tariffs on electric vehicle (EV) imports, despite the EU lowering duties for several major EV manufacturers, including Tesla. This information comes from a recent CNBC report. Beijing’s Stance on EU’s…
Uber Technologies is gearing up for a greener future by bringing on board a former Tesla executive to spearhead its electric vehicle (EV) transition. According to a memo obtained by Reuters, Rebecca Tinucci is set to join the ride-hailing giant…
Ride-hailing giant Uber has announced a groundbreaking partnership with BYD, the world’s largest electric vehicle manufacturer, in a bid to reportedly boost EV ownership among its drivers. The Deal: Discounts and Special Leases The agreement aims to make EV ownership…
The European Union’s new tariffs on Chinese-made electric vehicles (EVs) have caused a significant slowdown in their influx, according to recent data from Dataforce. The move, aimed at protecting EU automakers from low-cost competition, has resulted in a 45% decrease…
Chinese electric vehicle manufacturer BYD has announced plans to establish a car production plant in Karachi, Pakistan, marking a significant step in the company’s global expansion strategy. This move, reported by Reuters, positions BYD as the first major new energy…
Hong Kong’s electric vehicle (EV) market is experiencing a significant shift as Chinese brands gain popularity and market share. According to a recent report by the South China Morning Post, mainland Chinese EV manufacturers are using the city as a…
European Union’s new tariffs on Chinese-made electric vehicles (EVs) have sent shockwaves through the market, causing a significant drop in registrations. According to Bloomberg, the introduction of these tariffs, which can reach up to 48%, has led to a 45%…
Ford is ramping up its efforts to compete in the affordable electric vehicle market, according to a report from Electrek. The automaker recently presented dealers with renderings of potential new electric models, including sedans, crossover SUVs, and pickups, all aimed…
China has launched a counteroffensive in its trade dispute with the European Union, filing a complaint with the World Trade Organization (WTO) over the EU’s proposed tariffs on Chinese electric vehicles (EVs). This move comes in response to the European…
According to a report from the Polish Economic Institute (PIE), Chinese electric vehicle manufacturer BYD is planning to export 75,000 electric cars annually to the EU market from its factory in Turkey. This move appears to be a strategic attempt…
Reuters reports that the European Union is set to impose tariffs of up to 37.6% on electric vehicles (EVs) imported from China, marking the EU’s largest trade case to date. This move, aimed at leveling the playing field for European…
Ford Motor Company CEO Jim Farley expressed growing optimism about the automaker’s ability to produce electric vehicles (EVs) profitably in the U.S., thanks to supportive government policies, reports Axios. This development is crucial as Ford, the second-largest EV brand in…
China has poured a staggering $230.8 billion into its electric vehicle (EV) industry over the past decade, according to a new analysis by the Center for Strategic and International Studies (CSIS). This massive government support, representing nearly 19% of total…
A Fisker, a startup de veículos elétricos em dificuldades, entrou com pedido de falência de acordo com o Capítulo 11 em meio a crescentes problemas financeiros e desafios de produção. A empresa, conhecida por seu SUV elétrico Fisker Ocean, já havia alertado sobre um possível colapso devido à insuficiência de fundos para...
A China criticou veementemente a decisão da União Europeia de impor tarifas de até 38,1% sobre os veículos elétricos chineses, chamando-a de comportamento protecionista e pedindo que a UE corrija suas "práticas erradas", informa a Reuters. A reação da China e de outros países...
A decisão da União Europeia de impor tarifas adicionais de até 38,1% sobre veículos elétricos importados da China atraiu críticas de Pequim e levantou preocupações sobre uma possível guerra comercial. A medida foi tomada após uma investigação sobre o apoio estatal da China...
A revolução dos veículos elétricos A China emergiu rapidamente como líder global no setor de veículos elétricos (VE). As montadoras chinesas não estão apenas dominando seu mercado doméstico, mas também expandindo as exportações em todo o mundo. A BYD, um conglomerado com sede em Shenzhen, ultrapassou a Tesla como...
Em uma mudança estratégica, os fabricantes chineses de veículos elétricos (VE) estão se concentrando nos mercados emergentes, já que os EUA e a Europa impõem tarifas e restrições às importações chinesas. Esse movimento pode...
Fabricante de EVs deve rivalizar com a capacidade de produção da Tesla Em um desenvolvimento significativo para o setor de veículos elétricos (EV), a fabricante chinesa de EVs Nio obteve aprovação para construir uma terceira fábrica na China. Essa nova instalação, conhecida como F3, aumentará a...
EUA e UE erguem barreiras, mas montadoras se aproximam da China Os EUA e a Europa estão erguendo barreiras para manter os carros chineses fora de seus mercados, mas, em nível corporativo, as montadoras estão cada vez mais próximas da China. O presidente...
China’s electric vehicle (EV) market continues to thrive, with manufacturers reporting strong sales growth in May, despite a general decline in consumer spending. This growth is driven by price cuts and new model launches, leading companies like BYD, Nio, and…
Tesla is sending executive Tom Zhu back to China amid slumping sales and increased competition in the world’s largest electric vehicle market. Zhu, who was promoted to senior vice president of automotive in April 2023, previously led Tesla’s entry into…
At the recent Financial Times’ Future of the Car Summit, Lucid CEO Peter Rawlinson delivered a nuanced view on the electric vehicle (EV) landscape. He acknowledged the significant strides Chinese automakers like BYD have made, yet he emphasized that they…
Potential Supply Deal or Acquisition in the Works China’s leading electric car manufacturer, BYD, is reportedly in discussions with Brazilian lithium producer Sigma Lithium for a potential supply agreement, joint venture, or acquisition. This news highlights the increasing global interconnectivity…
BYD Surpasses Tesla in Electric Car Sales In a significant shift in the electric vehicle (EV) industry, China’s BYD has overtaken Tesla as the world’s best-selling maker of electric cars. In the final quarter of last year, BYD, backed by…
BYD Enhances Reward System to Counter Smear Campaigns China’s leading electric vehicle manufacturer, BYD, announced on Sunday that it is making its tipster reward system permanent. This initiative offers up to 5 million yuan ($700,918) to individuals who provide credible…
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