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

The Truth About Cars

The Chinese giant is one of the world’s busiest EV automakers, with almost 1.9 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.

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Hyundai seeks to restore market share in China with new EV brand

Teslarati

Hyundai seeks to restore its market share in China with a new electric vehicle (EV) brand. This week, Beijing Hyundai Co.—a a 50-50 joint venture between Hyundai Motor and BAIC—announced a new project to develop an electric vehicle brand exclusive to the Chinese market. Tesla China accounted for 22.5%

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Hyundai will ‘take the bull by the horns’ with a new EV brand in the world’s biggest market

Baua Electric

Hyundai is set to launch a new EV brand as it looks to gain its share of the largest market globally. South Korea’s Hyundai wants its piece of the booming market. According to a new report from The Korean Economic Daily , Hyundai is partnering with China’s BAIC to launch a new EV brand. China is the undisputed EV market leader.

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Chinese language EV makers pin hopes on Europe’s auto sellers

Baua Electric

The a hit ones, like Toyota and Hyundai, handiest slowly crept upper within the ranks and not posed an actual blackmail to Volkswagen’s dominance. Tesla’s good fortune Now, the {industry}’s paradigm shift to EVs is developing unheard of alternative for newbies. “But it’s not impossible.”

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GM’s rosy year-end figures obscure the fact that legacy automakers are in deep trouble – Charged EVs

Baua Electric

Duplicitous doublespeak has become de rigueur dialect in the auto industry. “We We strongly believe in EVs,” say auto dealers as they support efforts to slow the EV transition. Hyundai/Kia and the Chinese certainly aren’t waiting. Tesla, which doesn’t break out sales by region, produced over 1,800,000 globally.)

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Three perspectives on China’s EV industry (spoiler alert: legacy brands are toast) – Charged EVs

Baua Electric

Jeremiads lamenting China’s takeover of the global auto industry are everywhere these days. Each reaches basically the same conclusion: the global non-Chinese automakers will never be able to catch up unless they radically change their corporate mindsets. Three recent accounts stand out from the pack.

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At CES, legacy automakers scramble to keep up in AI arms race – ET Auto

Baua Electric

As artificial intelligence becomes the new horsepower for car buyers, established automakers are redoubling efforts to match the digital features that set Tesla, BYD and other new rivals apart, industry executives and analysts said at the CES technology show in Las Vegas. The transition to software-dominated cars is challenging.

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