China’s electric vehicle (EV) industry is experiencing explosive growth, with production capacity surging at a pace exceeding …
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China’s EV market to see price war due to oversupply
by Nada Aliby Nada AliChina’s electric vehicle (EV) market is expected to see a fierce price war erupt this year as …
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VW, Xpeng team up to develop affordable EVs for China
by Nada Aliby Nada AliVolkswagen (VW) announced a collaboration with Chinese electric carmaker Xpeng to develop a new electrical architecture specifically …
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Tesla global job cuts reach US, China
by Nada Aliby Nada AliTesla confirmed a major global workforce reduction, impacting employees in sales, technology, and engineering across the company’s …
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China’s Chery to build $880m plant in Vietnam
by Nada Aliby Nada AliChery, a Chinese automaker, has signed a joint venture agreement with a local company to establish an …
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China’s EV BYD targets 3.6m units in sales during ’24
by Nada Aliby Nada AliChinese electric vehicle maker BYD has set a sales target of 3.6 million units for 2024, a …
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Xpeng enters price war, launches affordable EV brand
by Aya El Sayedby Aya El SayedXpeng, a Chinese EV maker, announced its plan to launch a more affordable brand, marking its entry …
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China’s BYD starts building manufacturing complex in Brazil
by Nada Aliby Nada AliChinese electric vehicle company BYD has started building a manufacturing complex in Brazil, with plans to begin …
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BYD unveils more affordable plug-in hybrid sedan
by Aya El Sayedby Aya El SayedBYD, the leading Chinese electric vehicle (EV) manufacturer, introduced a new version of its Qin Plus DM-i …
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China’s BYD plans to build new EV plant in Mexico
by Nada Aliby Nada AliChina’s top electric vehicle manufacturer, BYD, is considering establishing a plant in Mexico to serve as an …