Remove Auto Industry Remove BYD Remove Chinese Remove Stimulus
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When Will EVs Hit Primetime?

Revenge of the Electric Car

In China, leading automakers BYD and Chery have announced plans to roll out their own electric models within the next two years. Similarly, in China, the sheer size of the auto industry and the country’s ambitious clean-energy goals suggest a potentially huge market for electric cars. Chinese green-car subsidies on hold.

China 133
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Goodbye GM, Hello Tianjin-Qingyuan Electric Vehicle Company?

Plugs and Cars

And these days a billion dollars is barely a rounding error in the money going to prop up the American auto industry. While the American government is deep in the morass of Detroit’s legacy, the Chinese leadership may have turned to face the future. That would be a game changer. Can I charge my new EV here?

GM 100
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2020 Top 10 Countries in the Global EV Revolution

EV Sales

For example, with increasing evidence of genocidal Chinese government towards Uyghur residents, including forced labor camps, the lack of transparency regarding whether any Chinese EVs benefit from such labor prompts me to deduct 1 production point from China (out of ~25 it had earned). Globally ~14k Ioniq BEVs were sold.

2020 52
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Can Electric Vehicles Speed Up As The Economy Slows Down?

Wallbox

Moreover, EVs are not only proving to be more robust amidst an auto industry in decline, but they are also already displaying some signs of recovery. Chinese car producer BYD even recorded a 337.25% increase in March sales amongst its fully electric and hybrid car models.

Economy 52