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BYD's new plant in central Chinese city Zhengzhou goes into operation

CN EV Post

Currently in production is the first phase of BYD 's Zhengzhou base, with a planned annual capacity of 400,000 vehicles. | BYDDY.US | BYD HK BYD (OTCMKTS: BYDDY) has officially started production at a new vehicle production site that begins contributing to the capacity of China's largest maker of new energy vehicles (NEVs).

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Hungary expects $3B in unutilized Chinese language auto business funding

Baua Electric

billion) in unutilized Chinese language investments within the automobile sector, additional boosting the central Ecu public as a regional heart within the transition to electrical mobility, International Minister Peter Szijjarto mentioned. Closing age, Chinese language battery maker Eve Energy introduced a $1.2

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Tesla Giga Shanghai has resumed over 80% production

Teslarati

Tesla Giga Shanghai has resumed over 80% production along with several other companies, according to Chinese official Zhang Hongtao — the chief engineer of the Shanghai Economics and Information Technology Commission. During a press conference, Zhang stated that Shanghai created a second list of 1,188 companies that can resume work.

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Confirmed! China’s Leapmotor to go on-sale in Australia in 2024 with C10 SUV

EV Central

The Chinese electrified vehicle maker Leapmotor will launch in Australia in late 2024 as part of an international expansion backed by global auto giant Stellantis. Leapmotor International future product plan. They would no doubt welcome the opportunity presented by an affordable Chinese electric brand.

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BYD sets lower sales growth & warns of looming price war

Teslarati

BYD Chairman and President Wang Chuanfu held an investors conference earlier this week. The Chinese automaker estimates account for some challenges BYD expects this year. The Chinese carmaker also slowed down construction plans for its EV factory in Vietnam. million units this year, 20% more compared to 2023’s 3.02

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Comment on Nio to launch active safety features based on end-to-end neural networks in H1, report says by Tommy

CN EV Post

That is the consensus of Chinese consumers as well. The Chinese don't even want Nio and no amount of excuse making will work at the Q1 conference call. @Augustus Meyer In reply to Augustus Meyer. Why pay an astronomical premium for a company that will not be around to service and provide parts?

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Report: Stellantis May Cut Loose Suppliers to Cope With EV Costs

The Truth About Cars

“When suppliers are not racing at the same speed of our teams, our teams see a big benefit to insource,” Stellantis CEO Carlos Tavares was quoted by Bloomberg as saying during a conference call from Melfi in southern Italy. At the same time, Chinese brands are expanding in the region with cheaper models.

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