Battle For China’s Electric SUV Market Heats Up At Home And Abroad
SHANGHAI, May 8 (Reuters) – China is ground zero for the price war in electric vehicles and the battleground is shifting to SUV-styled EVs, the largest segment of the market, dominated by Tesla Inc (TSLA.O) and BYD (002594.SZ). The market, crowded with more…
MG Motor Launches Cheapest EV In India, Less Than $10K
China-based MG Motor recently brought to market the cheapest EV in India. MG Motor is owned by China’s SAIC Motor and competes in India against automakers, including Tata Motors, among others. We often talk about China being the world’s largest EV market…
Richest Man In Vietnam Doubles Down On Risky $10.9 billion Wager On EVs
SINGAPORE – It is a familiar story: a business mogul parlaying much of his fortune into a massive bet on electric vehicles (EVs), only to fall on hard times. Billionaire Pham Nhat Vuong is among the latest to take after Mr…
Chinese-Owned Electric London Taxi Maker Reveals Next-Gen Tech
The Chinese-owned London Electric Vehicle Company (LEVC) has revealed the new platform that will underpin its electric vehicles, including the famous London black cab. LEVC – which shares its Geely parent company with Volvo, Lotus, Polestar and Proton – says the new platform…
Chinese Electric Vehicle Brands Expand To Global Markets
YOKOHAMA, Japan (AP) — Osamu Furukawa has driven lots of Japanese cars for his business converting classic gasoline-powered models to electric. But his favorite ride is an import: A battery-powered SUV from China’s BYD Auto. BYD Auto is part of…
China’s Hozon To Produce EVs In Thailand For Southeast Asian Market
BANGKOK – China’s Hozon New Energy Automobile will make electric vehicles in Thailand for the Southeast Asian market, a Thai official said on Saturday, as it follows others in building facilities in the region’s major auto production hub. Hozon signed…
Chinese State Media Reports Country Will Speed Construction Of EV Charging Facilities
Chinese state media reports Friday, quoting the nation’s cabinet, that the country will speed up the construction of charging facilities for new energy vehicles (NEV) such as electric cars, and improve policies for purchasing and using them. The government is…
China Prepares To Bolster EV Charging Infrastructure; Tesla Raises Model S, X Prices In China
China has proposed to fast-track the construction of charging facilities for new energy vehicles like electric cars and improve policies for purchasing and using them. China which boasts of the largest auto market is accelerating toward an electric future. Improved charging infrastructure for new…
Wireless Charging For EVs Is Coming Soon — And You’ll Love It
A handful of vehicles with wireless charging are now in production in China and South Korea. “We hope to have vehicles with factory-installed wireless charging in the U.S. and Europe in the next two or three years,” WiTricity chief marketing…
Japanese Automakers Face Major Sales Crisis In China As Local EVs Dominate Market
Japanese car manufacturers are seeing their sales tumble in China as the nation continues its rapid adoption of electric vehicles, many of which are being built by local companies. Industry data has revealed that total sales of Japanese auto brands in China fell 32%…
