Media Source : CNN Analysis by Michelle Toh Hong Kong (CNN) — More than 5,000 electric vehicles were loaded onto a giant shipping carrier in China this week and sent to ports in Europe. The cars come from BYD, the Chinese carmaker that is backed by Warren Buffett and...
Media Source : Barron’s January 26, 2024 By Craig Mellow You really can have too much of a good thing. That is Chinese authorities’ apparent conclusion with respect to electric vehicles. A ministerial broadside last week promised “forceful measures” to rein in “blind” EV expansion that has led to...
Click here to the Audio Link The Electric and Eclectic Podcast is hosted by Roger Atkins from EV Outlook Ltd, and was recorded on January 19, 2024. How might the West’s incumbent Auto Industry’s compete with China?…’flip the script’ suggests Bill Russo! More answers than questions from a...
Media Source : AP NEWS BY KEN MORITSUGU Updated 10:09 AM GMT+8, January 12, 2024 BEIJING (AP) — China’s auto exports surged 63.7% in 2023 while domestic sales, boosted by year-end incentives, rose 4.2%, an industry association said Thursday. The surge in exports, to 4.1 million according to the...
Media Source : THE FINANCIAL TIMES Companies such as BYD and Nio are targeting overseas markets, leaving governments torn between encouraging greater take-up and protecting domestic manufacturers Edward White in Shanghai and Peter Campbell in London JANUARY 5, 2024, THE FINANCIAL TIMES For close to a century, Toyota prided...
Media Source : Reuters January 5, 2024 SUMMARY Tesla sells far more cars per store than rival BYD-CMBI data US EV maker, BYD both grew market share in China in Jan-Oct 2023 Tesla faces challenges in matching BYD's overall growth-analyst SHANGHAI, Jan 5 (Reuters) - Tesla's strategy in...
Media Source : EE Times By : Alan Patterson December 18, 2023 Experts predict that Chinese companies will dominate the global EV industry over the next decade by selling cars for prices unheard of outside China. Chinese companies will lead the global electric vehicle (EV) industry in the next...
Media Source : Bloomberg by Katrina Nicholas Thu, 21 December 2023 at 12:11 am GMT-8·4-min read (Bloomberg)–The US is considering raising tariffs on Chinese electric cars and other goods as it tries to limit reliance on Asia’s biggest economy and shield its own green industry, the Wall Street...
Media Source : The World Street Journal Volkswagen, Nissan to speed up making electric vehicles and better compete with local rivals By Yoko Kubota Nov. 27, 2023 at 7:00 am ET SOURCE: https://www.wsj.com/business/autos/global-automakers-turn-to-china-for-evlessons-4065abfd?st=j9f9ksh8rycz20b&reflink=desktopwebshare_permalink HEFEI, China — Volkswagen engineers in one of China’s electric-vehicle hubs are looking to the country’s automotive industry...
Media Source : CNN By Juliana Liu Published 12:19 AM EST, Tue December 19, 2023 Hong Kong (CNN) — Chinese electric vehicle (EV) maker Nio has secured $2.2 billion in investment from CYVN Holdings of Abu Dhabi, giving the Tesla challenger a longer financial runway as it seeks...