BYD Co Ltd
Chinese EV stocks surge after EU slaps up to 38% additional import tariffs
Visitors are looking at a BYD DM-i electric car at the 2024 Beijing International Automotive Exhibition in Beijing, China, on May 3, 2024. (Photo by Costfoto/NurPhoto via Getty Images) Nurphoto | Nurphoto | Getty Images Shares of Chinese electric vehicle makers mostly surged on Thursday morning after the European Union announced higher tariffs of up […]
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Chinese electrical car firm Nio to enter Middle East this year amid global expansion by peers
Critical Points Chinese EV firm Nio designs to increase to the Center East this calendar year, CEO William Li explained on an earnings call Thursday, including that deliveries of its most affordable-priced brand name will begin in the initially 50 percent of upcoming calendar year. The U.S.-listed Chinese enterprise strategies to get started providing its […]
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EU approves Italian aid for $5.4 billion STMicro chip plant
STMicroelectronics has committed 5 billion euros ($5.4 billion) of investment in what it calls the world’s first fully integrated Silicon Carbide (SiC) plant in Italy. The project is backed by 2 billion euros from the Italian state, and is the result of the EU’s Chips Act which aims to provide support for Europe’s chip industry. […]
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Stellantis CEO says $25,000 Jeep EV coming to the U.S. ‘very soon’
Stellantis CEO Carlos Tavares photographed next to a Jeep Avenger at the Paris Motor Show on Oct. 17, 2022. Nathan Laine | Bloomberg | Getty Images Stellantis plans to offer a $25,000 all-electric Jeep vehicle in the U.S. “very soon” to better attract mainstream consumers amid slower-than-expected electric vehicle adoption, CEO Carlos Tavares said Wednesday. […]
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Alibaba’s global arm signs David Beckham as international e-commerce brand ambassador
Alibaba’s international e-commerce platform AliExpress is a UEFA Euro 2024 sponsor and has signed David Beckham as its global brand ambassador. AliExpress BEIJING — Soccer star David Beckham will promote Alibaba‘s international e-commerce platform, AliExpress, in its biggest global brand ambassador partnership to date, the business unit announced Monday. The deal comes against the backdrop […]
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Chinese EV makers continue intense drive into Europe under escalating menace of tariffs
BYD Seal U electrical automobile at the IAA Mobility 2023 worldwide motor clearly show on September 6, 2023 in Munich, Germany. Leonhard Simon | Getty Photographs News | Getty Photographs PARIS — Chinese electrical carmakers are pushing ahead with expansion into Europe, even as politicians raise the possibility of significant tariffs on cars from the […]
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This ETF aims to seize China’s possess ‘Magnificent Seven’
ETF Edge This ETF aims to seize China’s have ‘Magnificent Seven’ Printed Wed, Could 22 20247:00 PM EDT Emily Glass Enjoy Reside Resource
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Rollback in IRA’s EV incentives would benefit China, says GM board member
Any significant reduction or a rollback of the Inflation Reduction Act’s support for electric vehicles would benefit China, according to General Motors board member Jon McNeill. “I think we risk losing the auto manufacturing share to China. We really do, globally,” McNeill, a former Tesla president and cofounder and CEO of DVx Ventures, said Wednesday […]
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GM all-electric Chevy Equinox goes on sale as the latest test for EV production and demand
GM’s 2024 Chevrolet Equinox EV during a media launch event for the vehicle on May 16, 2024 in Detroit. Michael Wayland / CNBC DETROIT — The Chevrolet Equinox has been a crucial part of General Motors’ lineup for two decades. The vehicle is a quintessential family hauler and a go-to car for people seeking an […]
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