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THE CHINA NOW

Sep 113 min read

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.

Sep 112 min read

EU Lowers Tariffs on Chinese EVs After Carmakers' Complaint, Reducing Tesla’s Rate to 7.8%

Revised tariffs balance European market protection and carmakers’ concerns, with EU-China negotiations ongoing.

Sep 92 min read

Chery Eyes UK as a Manufacturing Hub in European Expansion

Chery accelerates its European growth with plans for a UK factory, expanding its Omoda and Jaecoo brands.

Sep 53 min read

Exclusive: Tesla Plans Six-Seat Model Y for China in Competitive Push under Project ‘Juniper’

Tesla targets the booming family SUV market as the company ramps up efforts to compete with local EV rivals Li Auto and Nio.

Sep 52 min read

Volvo Cars Gives Up Target to Sell EVs Only by 2030

Volvo Cars adjusts its 2030 goal, keeping hybrid models in its lineup amid market uncertainties and slower EV adoption.

Sep 52 min read

Mercedes-Benz to Invest $2 Billion in China Through Joint Venture

The investment will focus on developing China-specific EV models and strengthening local partnerships to compete with domestic rivals.

Sep 52 min read

China’s BYD Pauses Mexico Factory Plans Until After US Election

BYD Explores Additional Global Production Sites in Brazil and Europe as Mexico EV Factory Plans Face Delay.

Sep 42 min read

Tesla Records Highest Monthly Sales in China for August 2024

Tesla's sales in China reached their highest level for the year in August 2024, as the U.S. electric vehicle maker sold over 63,000 cars.

Sep 32 min read

European Tariffs Deal Blow to Chinese EV Makers, Slowing Growth

Chinese electric vehicle (EV) makers are facing significant challenges in the European market due to the introduction of new tariffs.

Sep 22 min read

Zeekr Unveils 7X Electric SUV to Compete with Tesla’s bestselling Model Y

Summary: Zeekr's new 7X electric SUV is priced to undercut Tesla’s Model Y by over $1,400. The 7X offers impressive range options of up...