Tesla and Chinese automakers such as BYD are all expected to miss their sales growth projections for 2023, with no company hitting 50% in the first half of the year, according to...
China's largest new energy vehicle (NEV) maker BYD rolled its five millionth car off the production line on August 9. Chairman and president Wang Chuanfu said automotive electrification...
The latest data from the China Association of Automobile Manufacturers (CAAM) showed the country's automotive market is recovering. Production and sales of new energy vehicles (NEV)...
China's new energy vehicle (NEV) industry reached the milestone of producing its 20 millionth car on July 3. Experts are optimistic about the market, saying NEV is the new driving...
The recovery of the Chinese auto market is expected to be insignificant in June, according to statistics from the China Passenger Car Association (CPCA).
To boost its domestic new energy vehicle (NEV) sales, China announced on June 21 that it will again extend the purchase tax exemption to the end of 2027. However, the government will...
Chinese automakers are looking to enhance their product differentiation in the face of Tesla's cut-throat pricing competition, according to industry sources.
BYD finished 2022 strong despite facing multiple challenges. Increasing new energy vehicle (NEV) sales benefited the EV maker's revenue and profits. It reported CNY16.62 billion (US$2.4...
China will likely welcome back its robust EV market soon. Data from the China Passenger Car Association (CPCA) showed that wholesale and retail sales of new energy vehicles (NEV)...
Lithium carbonate, a material used in lithium batteries, including lithium iron phosphate (LFP) and ternary lithium batteries, has recently seen its price drop by nearly 40% to below...
Ever-rising demand for electrical vehicles (EVs) is driving fast development of IGBT (insulated gate bipolar transistor) module applications, prompting Chinese semiconductor players...
Macro-environmental factors such as the pandemic and war took a toll on the automotive industry in the past few years. As the threats are now slowly fading, car manufacturers have...
China's annual Two Sessions meeting of the National People's Congress (NPC) and the Chinese People's Political Consultative Conference (CPPCC) began on March 4. According to a report...
Taiwan-based IC design houses, such as Realtek Semiconductor, Novatek Microelectronics and Yusun Electronics, have entered the supply chain of BYD and other Chinese electric vehicle...
China-based Chery Automobile announced a two-phase investment plan in Argentina last week. The carmaker aims to build a NEV production base with a local battery supply from the Chinese...
