Elon Musk on collision course with China’s future
What a difference 11,000 kilometers make. Elon Musk may be thinking just that as Tesla shares surge on the power of the billionaire flying to Beijing from Austin, Texas.
BYD asian news
Battery price war in China means cheaper EVs everywhere
The main cost of an electric vehicle (EV) is its battery. The high cost of energy-dense batteries has meant EVs have long been more expensive than their fossil fuel equivalents.
Trump’s tariffs to hurt Chinese automakers
Several Chinese automakers, including SAIC Motor Corp and Chery Automobile, will suffer if Republican candidate Donald Trump wins the presidential election in November and goes through with a threat to impose a 100% tariff on Chinese cars that are made in Mexico.
Oligarchs ‘fear Putin more than losing their billions’
Russian oligarchs are more fearful of retribution by Russian President Vladimir Putin than they are of losing their billions, Russian opposition leader and formerly imprisoned oligarch Mikhail Khodorkovsky said in an interview.
BYD racing away with China’s EV market
BYD overtook Tesla to become the world’s largest supplier of battery-powered electric vehicles in the fourth quarter of 2023, by a substantial margin of 526,000 to 484,000 units sold. But in China, the race for market dominance isn’t nearly as close.
US to vent overcapacity complaints in Beijing talks
After railing at Beijing for a decade about Chinese dominance in the solar panel sector, Washington now is complaining that China heavily subsidized its electric-vehicle (EV) and semiconductor makers to boost global market shares – in the process creating overcapacity that also helped knock prices below competitors’ costs.
China's BYD debuts passenger EVs in Indonesia
JAKARTA -- China's top electric vehicle maker, BYD, on Thursday launched three passenger models in Indonesia, making a foray into an economy that is Southeast Asia's largest and is courting such investment through new incentives.
China's BYD launches AI-powered smart car technology to better compete with rivals
BYD launched its AI-powered smart car system on Tuesday as the world's largest electric car maker seeks to better compete with rivals on advanced technologies such as automated parking.