Updated Jan. 28, 2026, 2:21 p.m. ET Chinese electric carmaker BYD plans to sell over a million plug-in models outside of China in 2026. A recent trade deal will allow up to 49,000 Chinese-made EVs, including BYD models, into Canada. BYD does not currently plan to sell its electric cars in the United States due…
Updated Jan. 20, 2026, 10:20 a.m. ET Canada and China announced a new trade agreement allowing up to 49,000 Chinese electric vehicles into the Canadian market. The deal is expected to drive new Chinese investment in Canada’s auto manufacturing sector within three years. Canada’s Unifor union criticized the agreement, stating it puts Canadian auto jobs…
Updated Jan. 17, 2026, 4:09 p.m. ET A key Trump administration trade official is not concerned that Canada’s decision to allow limited electric vehicle imports from China will hurt U.S. automakers, he said Saturday at the Detroit Auto Show. “We have an enormous market share in Canada,” said U.S. Trade Representative Ambassador Jamieson Greer during…
Updated Jan. 16, 2026, 5:39 p.m. ET A new Canadian trade deal with China allowing 49,000 Chinese electric vehicles into the country at a lower tariff rate was swiftly criticized by senior Trump administration officials as well as the leader of Canada’s main automaking province. “China now has a foothold in the Canadian market and…
Jan. 2, 2026, 11:59 a.m. ET Chinese auto giant BYD surpassed Tesla to become the world’s top electric-vehicle seller in 2025, according to new data released by the two companies. The Chinese automaker has come a long way since 2011, when Tesla CEO Elon Musk dismissed BYD as a competitor in a Bloomberg TV interview,…
Dec. 2, 2025, 1:58 p.m. ET Washington — The United States should quit trying to compete with China on electric vehicles, Republican U.S. Sen. Bernie Moreno said Tuesday. “We were ahead of them by a mile, by 10 miles, on the internal combustion engine. They went into EVs, and then they convinced the Western world…
Stellantis NV traded more blows with BYD Co., saying its Chinese partner Leapmotor is selling more electric vehicles in Europe’s biggest EV market. Zhejiang Leapmotor Technology Co.’s shipments have surged in the region this year after Stellantis dealerships added models such as the electric T03 city car. The Chinese company outsold BYD on EVs in…
The electric vehicle tax credit is dead, EV sales are in free fall, and hybrids and gas-guzzling V-8 engines are all the rage. It doesn’t seem like ideal timing to launch a new all-electric SUV in the United States, but Jeep is doing just that. The Stellantis NV offroad brand unveiled the Recon this week…
Tesla CEO Elon Musk scored a resounding victory on Thursday, Nov. 6 as shareholders approved a pay package of as much as $878 billion over the next decade, endorsing his vision of morphing the EV maker into an AI and robotics juggernaut. Shares of Tesla rose about 1% in after-hours trading. The proposal was approved with over 75% support. Musk took to…