Chinese companies making electric vehicles must commit to sell their cars at agreed minimum prices, if they want to avoid tariffs in Europe
BYD’s sales abroad rose to a record 1.05 million units in 2025, a 150% jump from 2024, but its sales at home grew at its weakest pace in five years
The German car giant plans to release about 30 EVs in China over the next five years, and hopes to sell them around the world as well
China has published its five-year development plan for 2026-2030 and for the first time in 15 years, new energy vehicles are not included in its list of strategic emerging industries
Britain has emerged as key market for BYD, as it is the only European nation with no tariffs on exported electric and hybrid vehicles from China
Carmakers and dealers are struggling to make money in the world’s biggest auto market and oversupply, along with fierce competition, has left scores of firms on the brink of collapse
China's blue-chip index fell the most in nearly five months with Shanghai stocks down more than 1.3% and the Hang Seng also sinking over 1%
Officials close to the negotiations between the once close trading partners say that while Washington went for ‘headline grabbing’, New Delhi’s overconfidence tanked a deal that was nearly inked
Xi’s comments have strengthened expectations that CCP officials will take steps to curb overcapacity in top industries
The Chinese government has previously said automakers will have to repay subsidies that they have been found to have claimed improperly
BYD is the first carmaker to assume full responsibility for an autonomous driving feature in China and the world
A Ford executive said this week that China’s approval process for rare earth exports was still much slower than what the industry needed