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Warren Buffett–backed BYD’s ultra-affordable EVs are struggling in one market: Japan
Finance
Warren Buffett–backed BYD’s ultra-affordable EVs are struggling in one market: Japan
By Nicholas Takahashi and BloombergJune 25, 2024
China car buyers
Tech
Bank of America tells Detroit’s Big 3 they can’t make money in China and should just leave the hypercompetitive car market ‘as soon as they possibly can’
By Christiaan HetznerJune 19, 2024
BYD’s shares are doing so well, early backer Warren Buffett has paused selling his shares
Finance
BYD’s shares are doing so well, early backer Warren Buffett has paused selling his shares
By Jeanny Yu and BloombergJune 18, 2024
Ferrari’s CEO is in no rush to go fully electric and wishes to retain the trademark ‘roar’—despite rival BYD’s accelerated EV expansion
Retail
Ferrari’s CEO is in no rush to go fully electric and wishes to retain the trademark ‘roar’—despite rival BYD’s accelerated EV expansion
By Daniele Lepido and BloombergJune 17, 2024
Elon Musk’s prediction that Chinese carmakers would ‘demolish’ global rivals is coming true as they overtake U.S. competitors
Retail
Elon Musk’s prediction that Chinese carmakers would ‘demolish’ global rivals is coming true as they overtake U.S. competitors
By Marco Quiroz-GutierrezJune 14, 2024
Wang Chuanfu at an automotive event, surrounded by a crowd
Tech
Europe ‘afraid’ of Chinese EVs, says BYD boss, ahead of likely EU tariff hike
By BloombergJune 7, 2024
Elon Musk
Tech
Former Tesla board member says he wouldn’t vote for Musk’s $56 billion pay package
By Amanda GerutJune 6, 2024
Robyn Denholm
Tech
Tesla board chair says not paying Elon Musk is unfair—‘Put yourself in his shoes’
By Amanda GerutJune 6, 2024
A car mechanic inspecting a vehicle.
Finance
EV maintenance costs remain high, frustrating buyers and automakers as sales lag expectations
By Dylan SloanJune 6, 2024
Porsche and Ferrari sales slump in China as car buyers flock to EVs instead
Retail
Porsche and Ferrari sales slump in China as car buyers flock to EVs instead
By Marco Quiroz-GutierrezJune 6, 2024
Ford CEO Jim Farley
Companies
Ford CEO: It’s ‘undeniable’ that EVs will eventually have to turn a profit, but we’re years away
By Paolo ConfinoJune 3, 2024
Luca de Meo, chief executive officer of Renault SA, speaks during a panel session on the opening day of the annual meetings of the International Monetary Fund (IMF) and World Bank in Marrakesh, Morocco, on Monday, Oct. 9, 2023. The IMF and World Bank's first annual meetings in Africa since 1973 were expected to give a spending boost to Morocco's fourth-largest city and one of its top tourist destinations.
Tech
A week after blasting Volkswagen for not working ‘as a team’ against cheap imports, Renault links up with Chinese partner to build $22,000 EV
By Ryan HoggMay 31, 2024
CEO of Stellantis Carlos Tavares poses following the presentation of the Jeep Avenger 4Xe Concept, on the first day of the 2022 Paris auto show.
Tech
Stellantis CEO suggests China EV battle is coming for Europe’s 13.8 million autoworkers: ‘The EV race has become a cost-cutting race’
By Ryan HoggMay 30, 2024
Luca de Meo, chief executive officer of Renault SA, during a news conference on the Flexis electric vans joint venture in Boulogne Billancourt, France
Tech
Renault boss laments Volkswagen’s inability to ‘work as a team’ against BYD after joint affordable EV project collapses
By Ryan HoggMay 23, 2024
China’s $10,000 BYD Seagull hatchback EV is coming for Europe’s carmakers in 2025
Finance
China’s $10,000 BYD Seagull hatchback EV is coming for Europe’s carmakers in 2025
By Albertina Torsoli, Anthony Palazzo and BloombergMay 22, 2024
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