The People’s Bank of China (PBOC) set the yuan’s exchange rate against the US dollar at its strongest level in more than three years on Thursday,...
Chinese manufacturer BYD is poised to overtake Elon Musk’s Tesla to become the world’s largest seller of electric vehicles (EVs). According to reports from the BBC,...
German automakers are making a renewed push against their Chinese rivals in the region’s electric vehicle market, with Volkswagen (VW) vowing to defend its leadership in...
Chinese electric vehicle champion BYD exceeded expectations with a 29% increase in full-year sales, driven by strong demand for plug-in hybrids in its domestic market. The...
The Beijing administration is delaying approval for the electric vehicle manufacturer BYD to establish a factory in Mexico, over concerns that the smart car technology developed...
Shares of BYD, China’s electric vehicle (EV) champion, hit a new record high on Tuesday after its founder, Wang Chuanfu, claimed their EVs can now charge...
China’s leading electric vehicle (EV) manufacturer, BYD, has vowed to “work together” with rival Tesla to challenge gasoline-powered cars, while insisting that Beijing is “more open”...
Chinese President Xi Jinping met on Monday with the country’s leading entrepreneurs, including Alibaba’s Jack Ma, to revitalize the private sector and drive stronger economic growth....
Volkswagen is open to allowing Chinese carmakers to take over surplus production lines in Europe as it grapples with falling demand and increasing competition. Executives at...
BYD, China’s best-selling car manufacturer, sold a record number of electric vehicles (EVs) and hybrid vehicles worldwide in 2024, despite fierce competition in its home market....
