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...Thousands of imported vehicles, many of them electric cars made in China, are clogging up European ports....
...After overtaking Tesla as the world’s largest electric-vehicle maker last year, BYD has started releasing higher end models, the latest being its Yangwang U9 electric sports car with that price tag, to try...
...and Tesla chief executive Elon Musk met for the first time on Friday, cementing a social media friendship between two firebrand free-market proponents known for railing against government over-reach and progressive...
...Xiaomi sales surged 34 per cent to attain a 14 per cent market share, as the Beijing-based electronics group experienced a wave of publicity surrounding the debut of its electric car....
...BYD has for much of the past year cornered a market share of about one-third of sales of plug-in hybrid and battery-powered electric vehicles in China....
...seller of battery electric vehicles....
...“Many incumbent OEMs rushed into electric vehicles without appreciating the far-reaching technological and design difference between combustion and electric vehicles,” he said....
...Sporting a fresh cropped haircut, Nio co-founder and chief executive William Li was greeted like a rock star by tens of thousands of devoted fans on Saturday night as he took to the stage at the Olympic...
...For example, US carmaker General Motors has committed to selling only electric vehicles by 2035, presenting its legal team with many challenges....
...Chinese companies across the electric vehicle supply chain said lower costs and technological leadership would help them secure western deals despite geopolitical tensions and security concerns....
...Bluebell does not publicly disclose its holdings, but co-founder Giuseppe Bivona said BlackRock is one of the largest of its 10 to 15 concentrated positions....
...“For any doubters left in the west, I hope this is the final data point that points to BYD’s strength and, as importantly, how ‘China EV Inc’ has bullied its way on to the global stage,” said Tu Le, founder...
...The future appeared bright for Shanghai electric vehicle start-up Aiways when it was founded in 2017....
...He’s letter comes at a time Brussels and Washington are increasingly concerned about excessive electric vehicle manufacturing capacity in China....
...The price for an electric vehicle averaged $50,700 — down 22 per cent from a year earlier....
...The editorial team can be reached at techasia@nex.nikkei.co.jp....
...In China — the world’s biggest car market — BYD and Tesla soak up 43 per cent of electric vehicle sales. “Tesla need not worry too much,” said Dunne....
...Cook spent Wednesday meeting Apple’s Chinese suppliers, including the head of electric-car maker BYD and executives from Lens Technology and Changying Precision Technology....
...Some players in the auto industry want to slow the electric transition....
...“The UAE and Saudi Arabia are some of the most progressive markets in their mindset right now,” Biz2Credit’s Arora said....
...The CYVN injection comes days after co-founder and president Lihong Qin said higher interest rates were making it harder to raise money....
...At midnight last night the biggest US car workers’ union began its first ever co-ordinated strike against all three of the major Detroit carmakers....
...Herb Allen, the president of Allen & Co, the PGA Tour’s adviser, is set to tee off on Pebble Beach on Thursday morning....
...Byton, a Chinese-German electric vehicle brand co-founded by former BMW and Nissan executives, also bet big on China. Four years later, the picture is bleaker....
...Meanwhile, West Virginia is co-leading 10 red states in litigation against the Securities and Exchange Commission, the US’s securities regulator, over rules that would require companies to disclose some...
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