Being a European car company executive these days must feel like being the proverbial frog in ever-warming water. Not only do you have to contend with disrupted supply chains, the potential damage from tariffs, and European governments vacillating over their willingness to support electric car incentives, but you also have China looming like a patient…
Two electric vehicle (EV) models targeting middle-income consumers in mainland China with lower prices have emerged as Tesla’s strongest rivals, as buyers become more budget-conscious. Galaxy from Geely Auto and Xpeng’s Mona 03, which are priced at about 150,000 yuan (US$20,580), threaten to disrupt the pecking order in China’s EV sector. “Young, middle-income consumers favour…
[Jack Aylmer] AS TOYOTA’S PROFITS RECOVER FOLLOWING A SCANDAL LAST YEAR- THE JAPANESE AUTOMAKER IS USING THAT REVENUE TO MAKE INVESTMENTS IN ELECTRIC VEHICLES. INCREASING ITS SPENDING ON NEW EV FACILITIES IN BOTH THE U.S. AND CHINA. IN 2024, TOYOTA APOLOGIZED FOR FRAUDULENT TESTING ON ITS VEHICLES – INCLUDING COLLISION, AIRBAG INFLATION AND ENGINE POWER…
By: Bloomberg | Updated on: 04 Feb 2025, 09:16 AM China’s electric vehicle makers enjoyed a busy January as the extension of trade-in subsidies helped underpin sales during the usually quieter Lunar N … China’s electric vehicle makers enjoyed a busy January as the extension of trade-in subsidies helped underpin sales during the usually quieter…
On what feels like the first-ever February episode of Quick Charge, we explore the rapid decline of Tesla fortunes in Europe and California, the rapid rise of BYD plug-in vehicles, and talk through the latest round of Canadian trade tariffs as President Trump’s North American trade war hits its stride. We’ve also got some great…
Catch up on some of SCMP’s biggest China and economy stories of the day. If you would like to see more of our reporting, please consider subscribing. 1. Chinese algorithm boosts Nvidia GPU performance 800-fold in science computing A high-performance algorithm that could solve complicated material design problems on consumer GPUs has been developed by…
Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News! I know many of our readers are not too fond of plug-in hybrids (PHEVs), considering them an inferior solution to purely electric vehicles (BEVs), which, to be fair, they are. But modern PHEVs, with their all-electric ranges…
Can humans and robots face off in a full race? It will happen in Beijing this spring. For the first time, dozens of humanoid robots are expected to join a half-marathon to be held in the capital’s Daxing district in April, according to local authorities. This comes as China ramps up efforts to develop artificial…
Deliveries of pure electric and plug-in hybrid cars across mainland China plummeted 50 per cent to 206,000 units in the first 12 days of the year compared with the same period in December, according to the China Passenger Car Association (CPCA). The sharp decline follows a 42 per cent surge in sales last year, making…
Tesla CEO Elon Musk attends the groundbreaking ceremony of Tesla Shanghai gigafactory on Jan. 7, 2019. Xinhua News Agency via Getty Images Earlier this week, reports emerged that China’s rulers viewed the world’s richest person and Donald Trump’s informal adviser Elon Musk as a suitable buyer of TikTok, which will be banned in the U.S….