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Friday 16 February 2024
Chinese EVs to gain traction in Europe despite obstacles on the horizon
Latest data showed China has won the title of the world's largest automobile exporter for the first time, thanks partly to its leading EV expertise. The automotive industry has watched...
Friday 16 February 2024
VW surpasses BYD as China's top car vendor
According to international media reports, the Chinese automotive market saw an unexpected sales performance in January from Volkswagen, which took first place in local production...
Thursday 15 February 2024
BYD considers Mexico plant, eyeing the US market
China-based EV maker BYD will likely establish a production base in Mexico, which could help establish its presence in North America and facilitate its entry into the US later. As...
Tuesday 13 February 2024
Only 30% of Chinese carmakers hit 2023 sales target after cut-throat price war
BYD released a forecast about its 2023 financial performance at the end of January. The EV maker's net profits will not meet the market-expected CNY31.5 billion (US$4.41 billion)...
Monday 5 February 2024
The new power players shaping China's automotive supply chain
A seismic shift is underway in China's ever-evolving automotive landscape as emerging Tier 1 suppliers such as Huawei and DJI disrupt the traditional hierarchy. This influx of fresh...
Friday 2 February 2024
German EVs gain traction in China despite initial setbacks
Defying the naysayers, German electric car manufacturers have seen a promising surge in sales within the Chinese market.
Friday 2 February 2024
BYD secures land for Hungary plant, planning to bring Denza to Europe
China-based BYD took a step forward to localize its production in Europe. The automaker signed a preliminary land sales and purchase agreement with the municipality of Szeged, Hungary,...
Wednesday 31 January 2024
Price cuts bring BYD top-seller crown but impact its 2023 profits
China-based BYD saw its battery EV sales volume surpass Tesla in the fourth quarter of 2023, becoming the world's largest EV seller. BYD reduced its vehicle prices significantly at...
Wednesday 31 January 2024
A Tale of Two Fates in China's EV market
China's electric vehicle industry kicked off 2024 with a flurry of activity, showcasing a tale of triumph and turmoil among key players. While BYD celebrated a triumphant start, ...
Tuesday 30 January 2024
DJI Automotive to receive BYD investment, poised to challenge Huawei
China's DJI Automotive has received term sheets from carmakers BYD and FAW Group for their potential investments, Chinese media reported.
Friday 26 January 2024
Tesla earnings report: 3 things to watch
Tesla's earnings call on January 24 garnered great attention amid the intense competition between Tesla and BYD in the electric vehicle (EV) sector.
Tuesday 23 January 2024
BYD crowned China's no. 1 selling car brand for 2023 over VW
BYD Co. overtook Volkswagen AG as China's best-selling car brand in 2023, clear evidence its all-in bet on electric vehicles is paying dividends and helping it pass some of the world's...
Tuesday 23 January 2024
BYD eyes Tesla's crown, pours investment into smart car technology
The rivalry between Tesla and BYD will continue in 2024 and titles of the biggest producer and the sales king are up for grabs.
Friday 19 January 2024
Global EV market grows in 2023 while concerns for soft demand remain
Although the world has experienced an economic downturn and consumer spending decline, data from a South Korean research firm showed that the global EV market kept expanding in 2023...
Friday 19 January 2024
Chinese carmakers embracing LLMs to enhance smart cockpits and accelerate autonomous driving
Large language models (LLMs) are reshaping various industries, including the electric vehicle (EV) sector. As generative AI continues to evolve, integrating these models in vehicles...