New Energy Vehicles

Large Korean Companies Getting Out of China – Business Korea

Dozens of South Korean companies have left China in recent years for reasons ranging from bilateral strains, geopolitical rivalry, plus…

22 hours 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…

2 days ago

Tesla Win in India: Govt to Slash EV Import Tax if $500m Invested

Modi government agrees to Tesla push, says carmakers that invest $500m and set up a car plant within 3 years…

3 days ago

Many Chinese Carmakers Opening Factories Abroad Despite Rows

At least five Chinese carmakers are building factories or already producing electric vehicles in other countries around the world, despite…

5 days ago

China Lunar New Year Holiday Caps Global EV Sales

China, which is the dominant market for electric vehicles, saw sales drop 12% in February, amid a wider cooling worldwide…

6 days ago

Nissan, Honda Seen Slashing China Production By Up To 30%

Nissan’s Chinese sales dropped by 16% last year while Honda’s were down about 10% in the world’s biggest auto market

7 days ago

China’s Big Guns Defend GDP Target, Explain Economic Policies

China wheeled out its economic heavyweights on Wednesday to reassure citizens and investors about its economic strategies for the year…

2 weeks ago

Chinese Lithium Battery Chief Urges Beijing to Fix Overcapacity

The chairman of Zhejiang Huayou Cobalt said over-investment in the industry had led to "severe overcapacity" and caused "significant declines"…

2 weeks ago

IM Motors Raises $1.1bn in Major China EV Brand Deal

Premium electric vehicle brand IM Motors has raised more than 8 billion yuan ($1.1 billion) in its Series B round…

2 weeks ago

Tesla-BYD Lock Horns in China With Deep Discounts, Incentives

The world’s two biggest EV-makers have been locked in a drawn-out and brutal price war in China since the beginning…

3 weeks ago

BMW Considering EV Battery Plant in Thailand – Bkk Post

BMW plans to build a battery factory for electric vehicles in Rayong, on Thailand's eastern seaboard this year, to take…

3 weeks ago

US Auto Sector ‘Faces Extinction’ From Chinese Mexico Imports

Auto industry lobbyists say firms like China’s BYD are benefiting from the North American free trade agreement at the expense…

3 weeks ago