BYD

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Oliver Blume, chief executive officer of Volkswagen AG, beside an ID.CODE concept car, right, at the Volkswagen AG media event in Beijing, China, on Wednesday, April 24, 2024. Volkswagen will start sales of a new electric-vehicle brand in China kitted out with gadgets like an in-car avatar to help win back young buyers it has lost to the likes of BYD Co.
Tech

Volkswagen, Mercedes, and Stellantis shed $13 billion in value as Tesla’s China breakthrough leaves Europe’s carmakers in the cold

By
April 30, 2024
The ''BYD Explorer No. 1'' car carrier, loaded with new energy vehicles, is setting sail from Yantai Port in Yantai, China, on January 10, 2024.
Tech

EU’s unwinnable price war with Chinese EVs summed up: BYD cars are 11-fold more profitable in Europe vs. China

By
April 29, 2024
elon musk stands in front of a white car on a stage
Finance

Tesla may have found itself a life jacket—but its rocky ride following job and price cuts across Europe isn’t over yet

By
April 24, 2024
Oliver Blume, CEO of German carmaker Volkswagen
Tech

After being overtaken by BYD, Volkswagen meets with doubtful investors to persuade them of turnaround plan

By Sonja Wind, Isolde MacDonogh and Bloomberg
April 22, 2024
Elon Musk, chief executive officer of Tesla, during the EEI 2023 event in Austin, Texas, US, on Tuesday, June 13, 2023.
Tech

Deutsche Bank report questioning Tesla’s robo-taxi ambitions knocks $17 billion off EV maker’s value

By
April 19, 2024
A woman stands beside the Alfa Romeo Junior.
Tech

Italian carmaker Alfa Romeo forced to rename ‘Italian-sounding’ Milano model as right-wing government threatens carmaker with lawsuit weeks after trying to woo BYD

By
April 17, 2024
A Porsche 718 Cayman car is on display during the 19th Guangzhou International Automobile Exhibition (Auto Guangzhou 2021) at China Import and Export Fair Complex
Tech

Volkswagen and Porsche are killing old models described as ‘spying machines on four wheels’ ahead of new EU cybersecurity rules—offering another opportunity for Chinese rival BYD

By
April 16, 2024
President Joe Biden
Tech

‘Existential threat to the American auto industry’: Joe Biden urged to ban China-built EVs by influential Capitol Hill lawmaker

By
April 12, 2024
Stellantis NV CEO Carlos Tavares
Tech

Stellantis CEO warns: Chinese EV plant in Italy poses threat, ‘we are ready and we will fight’

By Alberto Brambilla, Albertina Torsoli and Bloomberg
April 11, 2024
Freight wagons, loaded with newly manufactured Volkswagen AG and BMW AG automobiles, at a railway yard in Munich, Germany, on Friday, July 28, 2023. Germany exited its winter recession in the second quarter but output only stagnated, with questions about the fundamental health of Europe's largest economy remaining.
Tech

A German Rust Belt? As Chinese EVs like BYD swarm Europe’s key markets, historic examples of deindustrialization pose a warning to the continent’s carmakers

By
April 10, 2024
A driver returns to his red Ferrari parked on the pavement outside the Louis Vuitton store in Bond Street, on 12th August 2022, in London, England.
Tech

Ferrari opens battery lab in northern Italy as it gears up to produce its first fully electric supercar amidst heated EV competition with BYD and Lamborghini

By Daniele Lepido and Bloomberg
April 9, 2024
Photo of Oliver Blume
Tech

China’s EV competition is so fierce that Volkswagen ‘cannot keep up’ and should avoid ‘utopian expectations,’ says its CEO

By
April 6, 2024
Christian Levin, chief executive officer of Scania AB
Tech

BYD and other Chinese manufacturers will take on Europe, and should be viewed just as seriously as Tesla due to their ‘good battery technology’, says Scania CEO

By Rafaela Lindeberg and Bloomberg
April 4, 2024
Analysts explain the rise of China’s EV sector—and how it might navigate protectionist backlash and Beijing withdrawing support
Tech

Analysts explain the rise of China’s EV sector—and how it might navigate protectionist backlash and Beijing withdrawing support

By
April 4, 2024
BYD lost its EV crown to Tesla after just one quarter as China’s EV market slumps
Tech

BYD lost its EV crown to Tesla after just one quarter as China’s EV market slumps

By
April 3, 2024

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