TLDRs; Xiaomi plans to begin selling electric vehicles internationally in 2027, focusing first on satisfying domestic demand. The SU7 sedan and YU7 SUV are driving strong sales at home, but long delivery delays are testing consumer patience. Production capacity remains a bottleneck, with Xiaomi working to scale from 150,000 units annually to meet demand. The…
Malaysian carmaker Proton on Monday launched the country’s first home-grown electric vehicle (EV), priced nearly US$10,000 cheaper than the nearest rival offered by Chinese EV giant BYD, as the company aims to make electric mobility more affordable for Malaysians. Chinese EV giants have shifted their focus to Southeast Asia due as tariffs hinder their access…
The China Association of Automobile Manufacturers (CAAM) hosted its first automotive industry supply chain summit in Hong Kong on Wednesday, which attracted dozens of EV makers and government officials to discuss how Hong Kong can help carmakers from the mainland expand overseas. Chinese carmakers face a series of challenges when developing their businesses overseas, including…
Donald Trump’s return to the White House is likely to complicate the outlook for the Chinese electric vehicle (EV) makers that are seeking to enter the US market after being hit with new tariffs from the Joe Biden administration. The president-elect has promised to raise tariffs on imports from “countries that have been ripping us…