Transport Insights

BYD’s EV Victory Over Tesla May Be Short-Lived As Sales Cool

The drop in numbers comes despite steep discounts BYD has handed out on its vehicles, signalling that Tesla's global clout…

2 weeks ago

China’s Oil Giants Rush to Adapt as Buyers Shift to EVs

With sales of electric vehicles expected to account for 40% of the 23 million cars sold this year, China’s demand…

2 weeks ago

Job Cuts Loom at China’s SAIC, Plus JVs with GM, VW

Sources claim state-owned SAIC Motor plans to cut 30% of workers at its JV with General Motors, 10% at its…

3 weeks ago

In Battle for China EV Market, Xiaomi’s ‘Thor’ Takes on Elon Musk

Xiaomi co-founder and CEO, Lei Jun, believes his newly launched electric sedan is a direct competitor of Tesla — both…

3 weeks ago

China’s BYD Delays EV Factory; Solid-State Batteries ‘Unsafe’

BYD has set back plans for an EV factory in Vietnam, while CATL has said solid-state batteries are problematic and…

3 weeks ago

Fear of US Sanctions Delaying Oil Payments to Russia, Banks Say

A US Treasury warning of secondary sanctions has sparked concern among banks in China, Turkey and the UAE, delaying payments…

3 weeks ago

CATL in Talks With Tesla on Battery Tech Licence in US: WSJ

Chinese EV battery-maker is in talks with Tesla and other automakers to licence its battery technology in the United States,…

3 weeks ago

Foreign Firms Will be Treated Same as Locals, China Tells Forum

Vice Commerce Minister Guo Tingting said "China will fully guarantee national treatment for foreign companies", but did not explain how…

4 weeks ago

BYD to Use Nvidia’s Next-Gen Chips to Elevate Self-Driving Tech

Chinese carmakers are turning to Nvidia for advanced technology in an effort to compensate for what they currently lack in…

1 month ago

‘Don’t Help a Villain Do Evil’: China Slams SpaceX ‘Spy Network’

Chinese military researchers have been studying the role of Starlink satellites in the Ukraine war and warned about its risks to…

1 month ago

Xpeng to Unveil Cheap EV Brands as China Price War Intensifies

Chinese EV maker set to unveil cheaper EV models in coming weeks, while Tesla says it will raise the price…

1 month ago

SpaceX Building Spy Satellite Network for US Reconnaissance

SpaceX signed a $1.8-billion contract in 2021 with the National Reconnaissance Office, which will manage a network of hundreds of…

1 month ago