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Parts supplier cuts thousands of jobs as Germany's auto woes deepen

Auto parts supplier Schaeffler plans to reduce its workforce and close two locations, just days aft…

Tom Carter   


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4 mins read

Volkswagen stumbles in China as Germany's auto giants struggle to compete in the EV race

Volkswagen is mulling the closure of factories in Germany for the first time to cut costs, while ri…

Tom Carter   


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The China threat and the EV slowdown— 2 takeaways from a busy few weeks in auto news

EV leaders are facing roadblocks heading into the final quarter of 2024.

Nora Naughton   


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3 mins read

China's EV giants shine at Europe's largest auto show while local rivals despair

Chinese automakers revealed new EVs at the Paris Motor Show, highlighting their technological edge …

Tom Carter   


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1 min read

Check out these 11 cool electric cars from Renault, BYD, Lucid, and more manufacturers at this huge auto show

Electric cars were again in the spotlight. While sales growth might be slowing in the US, it's ramp…

George Glover   


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3 mins read

We should be learning from Chinese EV players, not shutting them out of Europe — auto bosses say

European auto bosses criticized the EU's Chinese EV tariffs and emphasized the need to learn from C…

Tom Carter   


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Beware, Elon Musk — BYD just took its next step toward world domination

BYD plans to open a $1 billion factory in Turkey that is expected to begin production by the end of…

Tom Carter   


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Marc Andreessen says US carmakers need to make a $20,000 EV if they don't want to 'lose the auto industry' to China

Marc Andreessen and Ben Horowitz said Chinese electric vehicles from companies like Xiaomi are beat…

Jaures Yip   


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The Western auto industry is now locked in a 'Darwinian' make-or-break battle with China, the chiefs of 2 major automakers warn

Ford CEO Jim Farley told a board member that the Chinese auto industry is an "existential threat" a…

Kwan Wei Kevin Tan   


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Ford's CEO and CFO took a drive in a Chinese EV. What they said next reveals a lot about the state of the US auto industry.

"These guys are ahead of us," Ford CFO John Lawler told the company's CEO Jim Farley after the two …

Kwan Wei Kevin Tan   


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1 min read

BYD fires the latest shot in China's EV price war with 12% price cut

The latest version of BYD's Yuan Plus starts at about $16,600, which is about 12% less than its pre…

Alexandra Bacon   


Tom Carter   


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4 mins read

China's BYD is the world's biggest electric car maker — but it's not coming to America anytime soon

BYD has overtaken Tesla as the world's top electric car maker. Here's why the Chinese company is un…

George Glover   


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1 min read

Auto Expo 2023: Chinese electric carmaker BYD India to launch luxury sedan in 2023's last quarter

Chinese electric carmaker BYD India on Wednesday unveiled its new luxury sedan BYD Seal which, it s…

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2 mins read

Demand for BYD's cars is so nuts the company had to create its own shipping fleet to export them around the world

BYD set sail with 5,000 cars on its first roll-on, roll-off (RORO) vehicle carrier named "BYD Explo…

Lauren Steussy,Nora Naughton   


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2 mins read

BYD Auto pips Tesla to become top-selling EV brand globally

Global passenger electric vehicle (EV) sales grew 61 per cent (on-year) to reach 2.18 million units…

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6 mins read

How BYD founder Wang Chuanfu went from orphan to billionaire EV empire builder, beating out Elon Musk's Tesla

Wang Chuanfu's BYD just beat out Elon Musk's Tesla as the world's biggest electric car maker. Here'…

Polly Thompson   


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3 mins read

Chinese electric automaker BYD is about to outsell Tesla this year. Here's how it's winning the race against Elon Musk.

China's BYD is almost certain to sell more electric cars worldwide in the final quarter of 2023 and…

Nathan Rennolds,George Glover   


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1 min read

Warren Buffett sells $47 mn worth stake in Chinese EV firm BYD

There is widespread speculation that Buffett will soon sell out his entire stake in BYD. Th…