$Tesla (TSLA.US)$ Chinese electric vehicles are proving popular outside the local market and are gaining ground not only in Europe but also in Australia. The MG4 became the country's best-selling EV in Oct. With nearly 1,500 units sold last month, the MG4 dethroned the Tesla Model Y, which managed just over 1,000 sales (down from nearly 1,500 a month before). In third place came the Model 3 with 422 sales, followed by the BYD Atto3 with 330 sales a...
$General Motors (GM.US)$$SAIC Motor Corporation (600104.SH)$ GM's joint venture, SAIC-GM-Wuling (SGMW), is making a bid for attention with its first-ever new energy concept car, unveiled during the company's future strategy presentation for the ASEAN markets. And what better way to stand out than with a futuristic, low-slung coupe featuring gigantic gullwing doors? Called the "Light of ASEAN," this concept serves as a preview of the des...
BelleWeather
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Asia gets the best cars! (I hope Tesla succeeds in other aspects of their business, so I understand the need to, um, stifle competition.)
Last month,$Ford Motor (F.US)$shocked the auto world by scaling back its EV ambitions, scrapping plans for three-row electric crossovers in favor of hybrid SUVs like the Explorer. This shift could cost up to $1.9 billion but is seen as a smart fiscal move. However, Ford CEO Jim Farley sees a bigger threat: Chinese EV companies. After a 2023 trip to China, where Farley and other executives were stunned by the quality of$Chongqing Changan Automobile (000625.SZ)$'s elec...
$BYD COMPANY (01211.HK)$$Tesla (TSLA.US)$$NIO Inc (NIO.US)$$XPeng (XPEV.US)$ 1) The article reported that registrations for Chinese electric vehicles (EVs) like BYD and SAIC’s MG brand dropped by 45% compared to June. The decline in Chinese EV registrations has been linked to the Europe Commission (EC)’s provisional tariffs on China-made EV imports. 2) The EC imposed provisional tariffs of up to nearly 38% on EV imports m...
$SAIC Motor Corporation (600104.SH)$ A video clip showcasing a car from SAIC's IM Motors moving sideways into a parking space has captured the attention of online viewers, sparking widespread interest and discussion in China. A recent video has catapulted IM Motors into the spotlight, showing their vehicle executing a sideways parking maneuver that has astounded netizens. The footage features a woman exiting an IM Motors test vehicle whi...
$Chongqing Sokon Industry Group Stock (601127.SH)$ Chinese tech giant Huawei saw its automotive business unit realize a decent revenue in the first half of the year, as sales of models it built in partnership with Seres performed strongly. As of early Jul, Huawei's Intelligent Automotive Solutions (IAS) business unit saw revenue reach RMB 10 billion ($1.38 billion), local media outlet 36kr reported today. Huawei's...
The European Commission, which oversees the bloc’s trade policy, has set provisional duties of up to 37.6% on EVs imported from China to counter what it says are unfair subsidies and has canvassed EU member views in a so-called advisory vote. A dozen EU members voted in support of the tariffs, four voted against and 11 abstained, the sources said. German carmakers, which made a third of their sales last year in China, have urge...
Chinese electric vehicles are proving popular outside the local market and are gaining ground not only in Europe but also in Australia. The MG4 became the country's best-selling EV in Oct. With nearly 1,500 units sold last month, the MG4 dethroned the Tesla Model Y, which managed just over 1,000 sales (down from nearly 1,500 a month before).
In third place came the Model 3 with 422 sales, followed by the BYD Atto3 with 330 sales a...
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GM's joint venture, SAIC-GM-Wuling (SGMW), is making a bid for attention with its first-ever new energy concept car, unveiled during the company's future strategy presentation for the ASEAN markets. And what better way to stand out than with a futuristic, low-slung coupe featuring gigantic gullwing doors?
Called the "Light of ASEAN," this concept serves as a preview of the des...
However, Ford CEO Jim Farley sees a bigger threat: Chinese EV companies. After a 2023 trip to China, where Farley and other executives were stunned by the quality of $Chongqing Changan Automobile (000625.SZ)$ 's elec...
1) The article reported that registrations for Chinese electric vehicles (EVs) like BYD and SAIC’s MG brand dropped by 45% compared to June. The decline in Chinese EV registrations has been linked to the Europe Commission (EC)’s provisional tariffs on China-made EV imports.
2) The EC imposed provisional tariffs of up to nearly 38% on EV imports m...
A video clip showcasing a car from SAIC's IM Motors moving sideways into a parking space has captured the attention of online viewers, sparking widespread interest and discussion in China.
A recent video has catapulted IM Motors into the spotlight, showing their vehicle executing a sideways parking maneuver that has astounded netizens. The footage features a woman exiting an IM Motors test vehicle whi...
Chinese tech giant Huawei saw its automotive business unit realize a decent revenue in the first half of the year, as sales of models it built in partnership with Seres performed strongly.
As of early Jul, Huawei's Intelligent Automotive Solutions (IAS) business unit saw revenue reach RMB 10 billion ($1.38 billion), local media outlet 36kr reported today.
Huawei's...
A dozen EU members voted in support of the tariffs, four voted against and 11 abstained, the sources said.
German carmakers, which made a third of their sales last year in China, have urge...
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