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4 days ago3 min read

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Tesla Gigafactory Director Resigns to Join Chinese Auto Startup

Song Gang’s resignation marks a turning point for Tesla in China as he joins a rival auto brand.

Nissan and Honda Join Forces in Bid to Challenge Toyota, Tesla, and EV Leaders

5 days ago3 min read

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Nissan and Honda Join Forces in Bid to Challenge Toyota, Tesla, and EV Leaders

A Nissan-Honda merger could reshape the automotive industry, enabling them to compete with Toyota and Tesla in the EV market.

Struggling to Meet Growth Goals, Nio Turns to Cost Cutting and New Models

Dec 122 min read

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Struggling to Meet Growth Goals, Nio Turns to Cost Cutting and New Models

Nio aims to boost growth by tightening cost control and increasing deliveries of affordable vehicles, including a new Onvo model, by 2025.

Hyundai Partners with BAIC for $1.1 Billion Investment to Boost Sales in China

Dec 113 min read

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Hyundai Partners with BAIC for $1.1 Billion Investment to Boost Sales in China

Hyundai and BAIC’s $1.1 billion investment aims to revive Hyundai’s presence in China with new models and more exports.

Stellantis and CATL Invest $4.33 Billion (€4.1 Billion) in Spanish EV Battery Gigafactory

Dec 102 min read

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Stellantis and CATL Invest $4.33 Billion (€4.1 Billion) in Spanish EV Battery Gigafactory

Stellantis and CATL to build $4.33 billion (€4.1 billion) EV battery plant in Spain, strengthening Europe’s EV supply chain.

Xiaomi Expands EV Lineup With Electric SUV YU7 Amid Soaring Demand

Dec 92 min read

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Xiaomi Expands EV Lineup With Electric SUV YU7 Amid Soaring Demand

Xiaomi accelerates its EV expansion with a new electric SUV, aiming to redefine China’s automotive market.

Foreign Carmakers Risk $20 Billion Loss as EVs Dominate China’s Market, UBS Says

Nov 282 min read

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Foreign Carmakers Risk $20 Billion Loss as EVs Dominate China’s Market, UBS Says

Foreign carmakers face growing competition and shrinking profits as China’s auto market transforms with the dominance of electric vehicles.

BYD Surges Ahead in Global NEV Race, Outpacing Tesla and Volkswagen

Nov 202 min read

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BYD Surges Ahead in Global NEV Race, Outpacing Tesla and Volkswagen

Summary BYD reached the milestone of 10 million new energy vehicles (NEVs) produced, emphasizing its dominance in the industry. The...

Tianjin’s Largest Audi Dealership Shuts Down Amid $13.8M Financial Disputes

Nov 182 min read

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Tianjin’s Largest Audi Dealership Shuts Down Amid $13.8M Financial Disputes

Tianjin Yonghao Audi’s closure reveals financial strain and evolving challenges in China’s automotive industry.

Shanghai Office Closure Marks Latest Blow to Hycan’s Survival

Nov 182 min read

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Shanghai Office Closure Marks Latest Blow to Hycan’s Survival

Hycan’s financial troubles deepen as sales collapse and employee severance remains unpaid.

BYD Surges to New Heights: Record Sales and Massive Workforce Expansion

Nov 141 min read

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BYD Surges to New Heights: Record Sales and Massive Workforce Expansion

BYD hires nearly 200,000 workers in three months as October NEV sales surpass half a million, setting a new industry benchmark.

China Speeds Up Intelligent Vehicle Trials to Revolutionize Transport by 2027

Nov 132 min read

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China Speeds Up Intelligent Vehicle Trials to Revolutionize Transport by 2027

China's transport network to be transformed by 2027 with smart highways and autonomous vehicles, boosting logistics and innovation.

China’s EV Giants Push Forward Despite EU Tariff Challenges

Nov 73 min read

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China’s EV Giants Push Forward Despite EU Tariff Challenges

Chinese EV companies plan to continue European expansion, leveraging price and manufacturing advantages to offset EU tariffs.

Nov 72 min read

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Xpeng Introduces High-Range Hybrid Technology to Rival BYD and Li Auto

The company aims to challenge BYD and Li Auto with new hybrid tech, focusing on markets with limited EV infrastructure and global expansion.

China-EU EV Tariff Talks Hit Roadblock Over Major Differences

Oct 152 min read

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China-EU EV Tariff Talks Hit Roadblock Over Major Differences

Despite some progress, China and the EU fail to bridge the gap over electric vehicle tariffs, leaving future negotiations uncertain.

EU to Impose Tariffs of Up to 45% on Chinese Electric Vehicles

Oct 73 min read

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EU to Impose Tariffs of Up to 45% on Chinese Electric Vehicles

EU imposes hefty tariffs on Chinese electric vehicles, as China warns of possible countermeasures, seeking dialogue to avoid escalation.

Oct 72 min read

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BYD and Li Auto Lead Record-Breaking Month for Chinese EV Sales

Chinese EV makers like BYD and Li Auto hit record sales, driven by discounts and promotions, signaling future growth.

Chinese EV Sales in the EU Face Major Setbacks as Market Declines

Sep 203 min read

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Chinese EV Sales in the EU Face Major Setbacks as Market Declines

Chinese electric vehicle sales drop by 27.5% in the EU as new tariffs and market challenges reduce demand for affordable models.

Sep 113 min read

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Huawei-Backed Aito Challenges Tesla’s Model Y with New Semi-Autonomous SUV

Aito’s latest M9 SUV, equipped with Huawei’s technology, intensifies competition with Tesla in China’s growing electric vehicle market.

China’s EV Industry Must Address Trust Deficits to Succeed Globally, EY Survey Suggests

Sep 113 min read

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China’s EV Industry Must Address Trust Deficits to Succeed Globally, EY Survey Suggests

Ernst & Young survey reveals trust gaps and brand issues in global markets, despite strong value-for-money offerings.