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GM's President Just Wants 'A Level Playing Field' Against Chinese EV Companies As Legacy Automaker Launches Tesla Model Y Challenger
Thursday, May 16, 2024 - 7:48am | 523Read More...Legacy automaker General Motors Co (NYSE:GM) wants a level playing field against Chinese EV makers, as per company President Mark Reuss. Taking On China: China’s lower-priced products might force the local players out of the market, Reuss told InsideEVs at the Chevrolet Equinox EV launch...
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Struggling Chinese EV Maker Aiways Stages Comeback Via $400M US SPAC Deal After Zeekr's Stellar New York Debut
Thursday, May 16, 2024 - 4:09am | 495Read More...Chinese EV maker Aiways will go public via a merger with U.S. Special Purpose Acquisition Company Hudson Acquisition Corp (NASDAQ:HUDA) in a deal that values the EV maker at about $400 million. The SPAC announcement comes days after Chinese auto company Geely‘s Zeekr (NYSE:ZK) brand started...
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Nio's Mass-Market EV Brand Will Be Led By Former Disney Exec Whose Name Literally Means 'Will Surely Succeed'
Wednesday, May 15, 2024 - 8:43am | 399Read More...Chinese EV maker Nio Inc‘s (NYSE:NIO) new sub-brand Onvo will be headed by former Vice President of Marketing at Disney, Ai Tiecheng. Interestingly, the name of the new brand’s head means “will surely succeed.” What Happened: Ai Tiecheng, who also goes by his English name...
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Warren Buffett-Backed BYD's Cybertruck Rival To Make Global Debut Right Next Door To US Next Week
Tuesday, May 7, 2024 - 4:28am | 639Read More...Warren Buffett-backed Chinese EV maker BYD Co (OTC:BYDDY) (OTC:BYDDF), is preparing for the global debut of its first pickup truck, the BYD Shark, in Mexico on May 14. What Happened: As reported by CnEVPost, the BYD Shark is BYD’s first new model to debut overseas in...
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Tesla's Chinese Rivals Conquer Overseas Markets At Crazy Growth Rates As Domestic Sales Sputter: No Surprise Who's Leading EV Chart
Monday, May 6, 2024 - 2:07am | 803Read More...China’s homegrown EV makers are making waves overseas while facing a slowdown at home. What Happened: In the first quarter of 2024, local car brands saw a 40% increase in overseas sales compared to the same period last year, reaching a total of 470,000 units...
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Why Tesla Rival BYD Charges Up To 3x More For EVs In Europe While China Prices Remain Shockingly Low
Sunday, April 28, 2024 - 9:43pm | 935Read More...While fears of a Chinese EV invasion grip the United States, a surprising trend has emerged: China’s top electric vehicle maker, BYD Co. (OTC:BYDDY) (OTC:BYDDF), isn’t flooding Europe with bargain-basement cars. Instead, it’s charging significantly higher...
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If You Had Invested $1000 In Tesla Stock When EV Giant Entered China Exactly 10 Years Ago, Here's How Much You'd Have Now
Monday, April 22, 2024 - 8:25am | 816Read More...EV giant Tesla, Inc. (NASDAQ:TSLA) is going through a rough patch as CEO Elon Musk pushes his "blindingly obvious" robotaxi vision through a sea of skepticism amid a slowdown in the EV industry marked by price wars, bankruptcies and job cuts. However, a rewind reveals Tesla...
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Warren Buffett-Backed BYD Says Chinese Auto Makers' Success Not Because Of State Subsidies: 'It's Because...'
Tuesday, February 27, 2024 - 7:33am | 560Read More...Leading EV maker BYD Co Limited (OTC:BYDDF) (OTC:BYDDY) has refuted the European Union’s allegations that the success of Chinese car companies is due to state aid. What Happened: The EU is currently investigating whether subsidies from China are enabling the country...
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Tesla's China Rival BYD Raises Luxury Game With $233K EV Supercar To Rival Ferrari And Lamborghini
Monday, February 26, 2024 - 3:12am | 631Read More...In a bold move, BYD Co. (OTC:BYDDF) (OTC:BYDDY)has unveiled its most expensive vehicle to date, a fully electric supercar valued at $233,450. This is seen as a direct challenge to traditional supercar manufacturers like Ferrari NV and Lamborghini. What Happened: The Yangwang U9, introduced at...
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Why Chinese EV Makers Are Adding Gas Engines To Their Electric Cars To Boost Sales
Monday, February 26, 2024 - 1:03am | 637Read More...Chinese electric vehicle companies are reportedly turning more to extended-range electric vehicles (EREVs) to boost sales. These vehicles, which combine electric motors with gasoline engines, offer customers a solution to concerns about limited electric range and lack of fast-charging...
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3 European Auto Giants Consider Joining Forces To Tackle The Might Of Tesla And Chinese EV Rivals
Wednesday, February 21, 2024 - 8:23am | 722Read More...European automotive giants Volkswagen AG (OTC:VWAGY), Renault SA (OTC:RNSDF), and Stellantis NV (NYSE:STLA) are reportedly considering an unprecedented partnership to tackle the growing threat from Chinese EV makers and Tesla. What Happened: As reported by...
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Tesla Struggles To Keep Up With A Chinese EV Rival In Europe — No, It's Not BYD
Tuesday, February 20, 2024 - 6:16am | 498Read More...American EV giant Tesla Inc. (NASDAQ:TSLA) saw new vehicle registrations in the European Union surge by nearly 67% year-on-year in January. However, its growth was outpaced by a surprising contender: Chinese state-owned automaker SAIC Motors. What Happened: Data from...
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No Threat From Traditional Autos, But Tesla Should Be Concerned About Chinese Rivals And This FAANG Giant: Munster
Friday, December 29, 2023 - 3:12am | 684Read More...With Chinese smartphone giant Xiaomi Corporation‘s (OTC:XIACY) entry into the electric vehicle arena, Gene Munster of Deepwater Asset Management issued a cautious note for EV frontrunner Tesla, Inc. (NASDAQ:TSLA). Investor optimism towards Tesla persists despite...
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Despite Trade Barriers, Chinese EVs Will Pose Major Threat To American Automakers, Say Experts: 'Picture A Modern Day Godzilla'
Sunday, December 3, 2023 - 10:59am | 750Read More...While Chinese electric vehicles (EVs) have been gaining popularity globally, their entry into the U.S. market has been notably restricted. What Happened: A report by the Wall Street Journal sheds light on the trade barriers set up by the federal government, which have effectively limited...
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Nio's Secret Sauce? Why Chinese EV Maker Is Poaching Sales Talent From BMW, Mercedes, Audi
Wednesday, August 30, 2023 - 4:57am | 426Read More...Nio Inc (NYSE:NIO) CEO William Li explained the intent behind hiring salespersons from other luxury brands like BMW, Mercedes, and Audi during the company’s second-quarter earnings call on Tuesday. What Happened: Around June, Nio realized that it was lagging behind both in terms of the number...
















