article thumbnail

The $10,000 BYD Seagull EV is scaring the U.S. auto industry

Teslarati

China is the world’s largest automotive market, and understandably so, an important one for electric vehicle (EV) makers like Tesla. auto sector,” the organization writes. . “So, I think they will have significant success outside of China depending on what kind of tariffs or trade barriers are established.”

article thumbnail

CAAM calls for return to normal order in China's auto industry as price war disrupts sector

CN EV Post

(Image credit: CnEVPost) The price war is one of the most talked-about topics in China's auto industry this month, creating operational challenges for many car companies. Now, an industry association is calling for a return to rationality for all parties to bring order to the market.

article thumbnail

NIO's William Li expects China's auto industry chain to stabilize by March or April

CN EV Post

"I am very confident that in the near future, China supply chain and the auto industry will return to normal," Li said. The post NIO's William Li expects China's auto industry chain to stabilize by March or April appeared first on CnEVPost. For more articles, please visit CnEVPost.

article thumbnail

How Much Is The German Auto Industry Under Threat?

CleanTechnica EVs

Several years ago, the German government expressed its concerns about exporting German car-building jobs to China and the attendant political and economic upheaval that would entail.

article thumbnail

ABB and HASCO create joint venture to drive smart manufacturing in China’s auto industry

Green Car Congress

Automation expert ABB and China’s leading automotive parts supplier, HASCO, are forming a joint venture to drive the next generation of smart manufacturing in China’s automotive industry. Both parties agreed not to disclose any further details about the investment.

article thumbnail

Stellantis strengthens ties with China’s auto industry

Teslarati

Stellantis appears to be strengthening its ties in China’s automotive industry. Stellantis recently repurchased €934 million in shares from Chinese auto company Dongfeng as per a pre-existing share repurchase framework. The post Stellantis strengthens ties with China’s auto industry appeared first on TESLARATI.

article thumbnail

BYD to Chinese Auto Industry: "Demolish the Old Legends" in the EV Race

The Truth About Cars

Though enormous, BYD isn’t satisfied with dominating its home market and wants the rest of the Chinese electric auto industry to come with it. Though it’s behind Tesla in global sales, BYD is king in China. The Chinese giant is one of the world’s busiest EV automakers, with almost 1.9 million units manufactured in 2022.