Chinese EV companies set to shine at Thailand expo
2 weeks, 3 days ago

Chinese EV companies set to shine at Thailand expo

China Daily  

Chinese EV companies set to shine at Thailand expo By Yang Wanli in Bangkok China Daily Updated: Dec 06, 2024 Reporters visit the BYD exhibition area during the 41st Bangkok International Motor Expo on Thursday. YANG WANLI/CHINA DAILY Chinese electric vehicle brands are among the most anticipated participants at the 41st Bangkok International Motor Expo, which kicks off on Friday. With many brands set to reveal new models, analysts said Chinese automakers are expected to play a key role in lifting Thai car sales in the second half of this year. "A highlight of this event is the participation of new EV brands, and among the car companies are eight new EV makers from China," said Kwanchai Paphatphong, chairman of the expo's organizing committee.

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History of this topic

The retreat from the world’s largest auto market has begun
6 days, 18 hours ago

The retreat from the world’s largest auto market has begun

CNN  

New York CNN — It wasn’t long ago that China was by far the largest and most profitable market for General Motors. “Every international brand is suffering in China.” While GM has yet to announce the details of its restructuring in China, Schuster and other experts said most Western automakers, including GM, are looking at how long they can stay …

BYD to outsell Ford, Honda, beat 2024 sales goals heartily as Tesla continues to struggle in China
2 weeks ago

BYD to outsell Ford, Honda, beat 2024 sales goals heartily as Tesla continues to struggle in China

Firstpost  

By the end of November, BYD had already delivered 3.76 million vehicles, including over 500,000 units in November alone, putting it on track to surpass its 4 million sales goal for the year The robust performance in China—where over 90 per cent of BYD’s sales occur—places the company ahead of Honda and Ford in global rankings for 2024. Image Credit: …

Chinese EV companies set to shine at Thailand expo
3 weeks, 3 days ago

Chinese EV companies set to shine at Thailand expo

China Daily  

Reporters visit the BYD exhibition area during the 41st Bangkok International Motor Expo on Thursday. YANG WANLI/CHINA DAILY Chinese electric vehicle brands are among the most anticipated participants at the 41st Bangkok International Motor Expo, which kicks off on Friday. With many brands set to reveal new models, analysts said Chinese automakers are expected to play a key role in …

Chinese firms power Indonesia's EV sector
1 month ago

Chinese firms power Indonesia's EV sector

China Daily  

By LEONARDUS JEGHO in Jakarta and PRIME SARMIENTO in Hong Kong | China Daily | Updated: 2024-11-22 10:22 Chinese electric vehicles are powering Indonesia's EV industry and gaining ground among local consumers, industry executives say. Rubby Lie, branch head of Prima Wahana Auto Mobil, Wuling Motor's largest authorized dealer in Indonesia, shared optimism about rising local demand for Wuling and …

Chinese firms power Indonesia's EV sector
1 month ago

Chinese firms power Indonesia's EV sector

China Daily  

By LEONARDUS JEGHO in Jakarta and PRIME SARMIENTO in Hong Kong | China Daily | Updated: 2024-11-22 10:22 Chinese electric vehicles are powering Indonesia's EV industry and gaining ground among local consumers, industry executives say. Rubby Lie, branch head of Prima Wahana Auto Mobil, Wuling Motor's largest authorized dealer in Indonesia, shared optimism about rising local demand for Wuling and …

Riding toward a cleaner, greener world
1 month ago

Riding toward a cleaner, greener world

China Daily  

FILE PHOTO: New China-built electric vehicles of the company Xpeng are seen parked in the port of Zeebrugge, Belgium, October 24, 2024. The move, which the EU described as an effort to maintain "fair competition", thinly veils an underlying attempt to curb China's ascendancy in the EV industry. China's EV ecosystem is not only vast, it is also driven by …

Riding toward a cleaner, greener world
1 month ago

Riding toward a cleaner, greener world

China Daily  

FILE PHOTO: New China-built electric vehicles of the company Xpeng are seen parked in the port of Zeebrugge, Belgium, October 24, 2024. The move, which the EU described as an effort to maintain "fair competition", thinly veils an underlying attempt to curb China's ascendancy in the EV industry. China's EV ecosystem is not only vast, it is also driven by …

Chinese carmakers sell fewest EVs in Europe since February 2023
2 months, 3 weeks ago

Chinese carmakers sell fewest EVs in Europe since February 2023

Hindustan Times  

Chinese manufacturers sold the fewest electric cars in 18 months to customers across Europe, with registrations falling by nearly half in August from a year earlier. MG, the British nameplate that’s now part of SAIC Motor Corp., lost its top spot across Europe to Chinese rival BYD Co., according to Jato Dynamics, which also tracks the automotive market. Uncertainty tied …

Thai auto sector reels from falling orders and soaring household debt
2 months, 3 weeks ago

Thai auto sector reels from falling orders and soaring household debt

The Hindu  

Thailand’s $53 billion automobile industry is facing a grim future as highly indebted domestic consumers struggle to finance purchases and overseas buyers of its mainstay traditional vehicles increasingly switch to electric alternatives. “We’ve also reduced working hours to 75% and cut overtime.” Production in Thailand’s automobile industry has been on a downward trend for the last year, sliding 20.6% in …

Chinese EV giant BYD posts 24.4% rise in profit
3 months, 3 weeks ago

Chinese EV giant BYD posts 24.4% rise in profit

Hindustan Times  

Leading Chinese automaker BYD posted on Wednesday a 24.4 percent rise in net profit for the first half of 2024, boosted by continuing strong demand for electric cars in its home and overseas markets. Chinese EV giant BYD posts 24.4% rise in profit The company posted a net profit of $1.91 billion in the January-June period, up from $1.54 billion …

Indonesia, Chinese firms combine to drive EV growth
4 months, 1 week ago

Indonesia, Chinese firms combine to drive EV growth

China Daily  

By YANG HAN in Hong Kong and LEONARDUS JEGHO in Jakarta Investment incentives Arnold, who only shared his given name, has worked at a sales center of a Chinese EV brand in Indonesia for almost a year. "I joined the Chinese EV company because I saw more people in Indonesia are buying EVs and the government has provided incentives," said …

Chinese EV maker eyes entry into Canada
4 months, 2 weeks ago

Chinese EV maker eyes entry into Canada

China Daily  

People visit the exhibition booth of BYD at an auto show in Xi'an, Northwest China's Shaanxi province, May 1, 2024. China's leading electric vehicle maker BYD could bring lower-priced cars to the Canadian market, but will have to consider several factors, including the prospect of higher tariffs, an auto industry expert said. Public documents filed in Ottawa in late July …

You can’t buy a Chinese EV in the United States. But they dominate in Southeast Asia
4 months, 2 weeks ago

You can’t buy a Chinese EV in the United States. But they dominate in Southeast Asia

LA Times  

Late last year Chinese automaker BYD surpassed Tesla as the world’s biggest seller of electric vehicles. It’s one of three EV models that BYD sells in Indonesia, the world’s fourth-most populous country — with more than 275 million people — and the largest car market in Southeast Asia. “Southeast Asia, specifically Thailand and Indonesia, is the beachhead, both as a …

Uber, China’s BYD, form partnership to deploy 100,000 EVs in EU and Latin America
4 months, 3 weeks ago

Uber, China’s BYD, form partnership to deploy 100,000 EVs in EU and Latin America

Associated Press  

BANGKOK — The ride sharing giant Uber and Chinese automaker BYD plan a partnership to introduce 100,000 BYD model EVs on the Uber platform in Europe and Latin America, eventually expanding to other markets, the companies announced. The arrangement would offer Uber drivers access to favorable pricing, insurance, financing and other services for BYD vehicles, the companies said in a …

Carmaker Aion launches smart factory in Thailand
5 months ago

Carmaker Aion launches smart factory in Thailand

China Daily  

The Second-Generation of AION-V is revealed on Wednesday in Aion's newly-opened factory in Rayong Province, Thailand. Thailand's first comprehensive energy utilization factory, established by China's GAC Motor, was launched in Rayong Province on Wednesday, with the aim of developing the facility into Southeast Asia's EV production base and contributing to the kingdom's green development. The intelligent factory constructed by Aion, …

Carmaker Aion launches smart factory in Thailand
5 months ago

Carmaker Aion launches smart factory in Thailand

China Daily  

By YANG WANLI in Rayong, Thailand | China Daily | Updated: 2024-07-18 09:53 The Second-Generation of AION-V is revealed on Wednesday in Aion's newly-opened factory in Rayong Province, Thailand. Thailand's first comprehensive energy utilization factory, established by China's GAC Motor, was launched in Rayong Province on Wednesday, with the aim of developing the facility into Southeast Asia's EV production base …

Changchun auto expo showcases 1,100 models
5 months, 1 week ago

Changchun auto expo showcases 1,100 models

China Daily  

A Hongqi Guoyao SUV is displayed during the Changchun International Auto Expo in Jilin province on Saturday. The 21st Changchun International Auto Expo kicked off on Saturday in Changchun, Jilin province, attracting around 1,100 vehicle models, including over 300 new energy varieties, from 124 domestic and foreign automakers. This year's auto expo also focuses on fields such as autonomous driving …

Hongqi to launch two EVs in Europe
5 months, 1 week ago

Hongqi to launch two EVs in Europe

China Daily  

A Hongqi Guoyao SUV is displayed during the Changchun International Auto Expo in Jilin province. Chinese automaker Hongqi will launch two electric vehicle models later this year in Europe, according to Reuters. Hongqi said late last week the EH7 and EHS7 models will hit the market in a number of European countries - including Norway, the Netherlands, Switzerland, Denmark, Iceland …

BYD's Thai plant starts operation
5 months, 2 weeks ago

BYD's Thai plant starts operation

China Daily  

A BYD Dolphin is delivered on July 4, 2024, as the Chinese company's 8 millionth NEV. China's BYD saw its 8 millionth new energy vehicle rolled off its assembly line at its new plant in Thailand on Thursday. Thailand is a regional auto assembly and export hub, and has long been dominated by Japanese carmakers such as Toyota Motor, Honda …

China’s BYD inaugurates first plant in Thailand as it expands reach into Southeast Asia
5 months, 2 weeks ago

China’s BYD inaugurates first plant in Thailand as it expands reach into Southeast Asia

Associated Press  

BANGKOK — Chinese automaker BYD inaugurated its first electric vehicle plant in Thailand on Thursday, part of the company’s push into Southeast Asia while it also tackles wealthier markets in the U.S. and Europe. One in every three EVs sold in Thailand is made by BYD, though most cars on the roads now are still gas or diesel powered. It …

China's EV sector continues to lead world's green transition
5 months, 3 weeks ago

China's EV sector continues to lead world's green transition

China Daily  

Visitors gather at the booth of BearingPoint during the sixth China International Import Expo in Shanghai in November, 2023. China's fast-growing electric vehicle sector will continue to lead the world's green transition and create enormous growth opportunities for upstream and downstream industries in both home and global markets in the years ahead, said foreign business executives. "This is evident in …

Chinese cars making inroads Down Under
6 months ago

Chinese cars making inroads Down Under

China Daily  

It was not all that long ago when Australian roads were dominated by cars from the United States, Europe, Japan and South Korea. He told China Daily: "At the time Australia still had a domestic car sector which made entry all that more difficult for new entrants to the market. "Chinese EVs are cheaper in Australia than in Europe or …

SOEs set roadmap for rapid transformation
6 months, 2 weeks ago

SOEs set roadmap for rapid transformation

China Daily  

Workers operate at a production line of SAIC-GM-Wuling in Liuzhou, Guangxi Zhuang autonomous region, in May. With China's EV industry developing advantages of scale after more than a decade of growth, State-owned automakers, such as China FAW Group, Dongfeng Motor Corp, Guangzhou Automobile Group and Beijing Automotive Group, are reinforcing their positions in the fuel-powered vehicle market while aggressively expanding …

SOEs set roadmap for rapid transformation
6 months, 2 weeks ago

SOEs set roadmap for rapid transformation

China Daily  

Workers operate at a production line of SAIC-GM-Wuling in Liuzhou, Guangxi Zhuang autonomous region, in May. With China's EV industry developing advantages of scale after more than a decade of growth, State-owned automakers, such as China FAW Group, Dongfeng Motor Corp, Guangzhou Automobile Group and Beijing Automotive Group, are reinforcing their positions in the fuel-powered vehicle market while aggressively expanding …

Competition-fueled Chinese EV boom to benefit world market, speed up decarbonization
7 months, 3 weeks ago

Competition-fueled Chinese EV boom to benefit world market, speed up decarbonization

China Daily  

Xiaomi CEO Lei Jun speaks during a news conference at the 2024 Beijing International Automotive Exhibition in Beijing, on April 25. Price cuts across various brands after Xiaomi's launch, from the Huawei Aito M7 to the 2024 Xpeng G9, demonstrate the dynamic nature of China's EV market. However, the fierce competition in China's new energy vehicle market, including price wars …

Chinese automakers redefine the car as a living space at Beijing Auto Show
7 months, 4 weeks ago

Chinese automakers redefine the car as a living space at Beijing Auto Show

Associated Press  

BEIJING — How about turning a car’s front bucket seats 180 degrees so they face the rear seats and extending out a table so the occupants can play cards or eat a meal? The seemingly never-ending efforts of China’s electric car makers to redefine the automobile went on display Thursday at the opening of the nation’s largest annual auto show. …

Chinese electric vehicles see more sales in developing countries
7 months, 4 weeks ago

Chinese electric vehicles see more sales in developing countries

China Daily  

Marelli's booth at the 2024 Beijing International Automotive Exhibition. Developing countries have more potential to increase their adoption of Chinese-made electric vehicles once they expand their associated infrastructure in the years ahead, said a senior foreign business leader. Speaking at its booth during the ongoing 2024 Beijing International Automotive Exhibition, David Slump, president and CEO of Marelli Holdings Co Ltd, …

Global car brands need to catch up, says expert
7 months, 4 weeks ago

Global car brands need to catch up, says expert

China Daily  

Xu Changming, an expert at the State Information Center, gives a speech at the seminar organized by Auto Star Works on April 23, 2024. International carmakers need to make "major changes" to stay competitive in China, the world's largest vehicle market, said Xu Changming, an expert at the State Information Center. Also, the State Information Center's survey show that those …

How Beijing buried Western industry under a wave of cheap electric cars
7 months, 4 weeks ago

How Beijing buried Western industry under a wave of cheap electric cars

The Telegraph  

China’s EV industry is benefiting from low labour costs, economies of scale from a large home market and a command economy that made battery and EV production a focus of China’s five-year plan introduced in 2021. BYD, which last year briefly eclipsed Tesla as the world’s biggest EV maker, plans to start production in Thailand this year with an annual …

China continues to drive global EV expansion
7 months, 4 weeks ago

China continues to drive global EV expansion

China Daily  

The BYD EV Dolphin Mini is displayed as the Chinese electric-vehicle producer announces the launch of the low-cost EV in Mexico City, Mexico on Feb 28. Newly published figures in the International Energy Agency's annual Global Electric Vehicle Outlook show that in the first quarter of 2024, sales grew by around 25 percent compared to the same period last year, …

Are Chinese electric vehicles taking over the world?
8 months ago

Are Chinese electric vehicles taking over the world?

Al Jazeera  

Western car makers, already bruised by the scramble among themselves for a share of the electric vehicle market, are facing a much more fearsome foe – China and its aggressive investment into the sector. According to Adamas Intelligence, a Canadian independent research and advisory firm: “From 2024, Chinese buyers would not have to pay tax on a full electric vehicle …

China’s highflying EV industry is going global. Why that has Tesla and other carmakers worried
8 months ago

China’s highflying EV industry is going global. Why that has Tesla and other carmakers worried

LA Times  

Staff members stand near a logo for BYD, China’s largest maker of electric vehicles, as they wait for visitors at the Beijing International Automotive Exhibition in 2016. “With Chinese automakers making inroads for most of the market share, that’s a huge challenge for foreign automakers.” China’s rapid expansion domestically and abroad has added fuel to a series of clashes between …

Electric vehicle industry overcapacity accusations are baseless
8 months, 2 weeks ago

Electric vehicle industry overcapacity accusations are baseless

China Daily  

Visitors look at BYD's electric vehicle "Sealion" during the 45th Bangkok Motor Show in Bangkok, Thailand, March 26, 2024. The accusations of "overcapacity" in China's electric vehicle industry from the United States and Europe are baseless, and the Chinese government will actively support its companies in protecting their legitimate rights and interests, said China's top commerce official in Paris. During …

Chinese carmakers hog the stage at Bangkok Motor Show
8 months, 3 weeks ago

Chinese carmakers hog the stage at Bangkok Motor Show

China Daily  

Crowds throng the floor of the 45th Bangkok International Motor Show in Thailand on March 25. Chinese automakers have taken the spotlight at the Bangkok International Motor Show with the unveiling of a series of new energy models that aim to capture more market share as Thailand accelerates its electrification efforts. China's largest new energy vehicle maker, BYD, is displaying …

Chinese automakers shine at BIMS
8 months, 3 weeks ago

Chinese automakers shine at BIMS

China Daily  

Visitors look at BYD's electric vehicle "Sealion" during the 45th Bangkok Motor Show in Bangkok, Thailand, March 26, 2024. Eight Chinese automobile brands such as SAIC MG, Great Wall Motor, BYD, GAC Aion, Chang'an's EV unit Deepal, Geely's premium brand Zeekr, Hozon's Neta and EV startup Xpeng are participating in the show. According to the Sing Sian Yer Pao Daily …

Chinese automakers shine at BIMS
8 months, 3 weeks ago

Chinese automakers shine at BIMS

China Daily  

Visitors look at BYD's electric vehicle "Sealion" during the 45th Bangkok Motor Show in Bangkok, Thailand, March 26, 2024. Eight Chinese automobile brands such as SAIC MG, Great Wall Motor, BYD, GAC Aion, Chang'an's EV unit Deepal, Geely's premium brand Zeekr, Hozon's Neta and EV startup Xpeng are participating in the show. According to the Sing Sian Yer Pao Daily …

Chinese EV makers challenging market leaders at auto show in Bangkok
8 months, 3 weeks ago

Chinese EV makers challenging market leaders at auto show in Bangkok

Associated Press  

BANGKOK — Chinese electric vehicle makers are showcasing their latest models, including a flying car, as they take on global rivals at the Bangkok International Motor Show. Companies like BYD, XPeng and Great Wall Motors are quickly growing their sales in Thailand, challenging longstanding market leaders like Toyota, Isuzu and Ford, as they expand exports across the globe. BYD sold …

Vietnamese automaker VinFast to start selling EVs in Thailand
8 months, 3 weeks ago

Vietnamese automaker VinFast to start selling EVs in Thailand

Associated Press  

BANGKOK — Vietnamese automaker VinFast announced Tuesday that it plans to sell its electric vehicles in Thailand and said it had tied up with auto dealers to open showrooms in the country. VinFast hopes to start selling both its electric scooters and electric SUVs in the country in the next two months, Vu Dang Yen Hang, chief executive officer of …

Detroit may be making the same mistake on EVs that it made with Japane
10 months ago

Detroit may be making the same mistake on EVs that it made with Japane

Live Mint  

Once upon a time, Japanese cars were seen as exotic vehicles that could never take on the might of Ford and General Motors. “Corolla, New Economy Car, Is Shown Here by Toyota," the New York Times yawned in a 1968 headline, introducing history’s best-selling automobile to the US market. With designers focused on large, powerful gas-guzzlers that earned better margins …

A Lamborghini-style EV: BYD goes upmarket to outmaneuver Tesla
11 months ago

A Lamborghini-style EV: BYD goes upmarket to outmaneuver Tesla

Live Mint  

HONG KONG—BYD overtook Tesla as the world’s top electric-vehicle seller by pumping out a range of affordable cars that gave Chinese drivers what they wanted: choice. In China, the world’s biggest EV market, Tesla’s market share has been shrinking: BYD now sells five cars to every one that the U.S. automaker does. BYD is estimated to have sold around 13,000 …

Chinese auto exports rose 64% in 2023, with strong push by EVs, as makers expanded overseas
11 months, 1 week ago

Chinese auto exports rose 64% in 2023, with strong push by EVs, as makers expanded overseas

Associated Press  

BEIJING — China’s auto exports surged 63.7% in 2023 while domestic sales, boosted by year-end incentives, rose 4.2%, an industry association said Thursday. They have also pushed into electric vehicles as government subsidies transformed China into the world’s largest EV market, even as car sales have stagnated overall. “What China is doing with the EV is it’s using its domestic …

China to set up auto research institute in Thailand, focus on electric vehicles
1 year ago

China to set up auto research institute in Thailand, focus on electric vehicles

Hindustan Times  

China will establish a China Automotive Technology and Research Center in regional automaking hub Thailand, Thailand's government said on Friday, the centre's fourth such facility in the world. Representational picture Thai government tax incentives and subsidies have already drawn Chinese carmakers, including BYD and Great Wall Motor, which have committed to investing $1.44 billion in new production facilities in the …

Tesla in Troubled Waters: Elon Musk’s EV company is struggling to sell its cars in China
1 year, 2 months ago

Tesla in Troubled Waters: Elon Musk’s EV company is struggling to sell its cars in China

Firstpost  

Elon Musk’s Tesla is struggling in China, the world’s largest EV market despite starting a price war that tried to undercut other local players. In September, the Beijing-headquartered premium EV maker delivered 36,060 vehicles, marking a 3.3 per cent increase from the previous month and an impressive 212.7 per cent year-on-year growth. During the third quarter, Li Auto shipped 105,108 …

China’s automakers take the world by storm with electric vehicle push
1 year, 3 months ago

China’s automakers take the world by storm with electric vehicle push

CNN  

Editor’s Note: Sign up for CNN’s Meanwhile in China newsletter which explores what you need to know about the country’s rise and how it impacts the world. Chinese companies exported nearly 350,000 EVs to nine European countries in the first half of the year, more than they exported in all of 2022, according to data from the China Passenger Car …

China’s automakers take the world by storm with electric vehicle push
1 year, 3 months ago

China’s automakers take the world by storm with electric vehicle push

CNN  

Editor’s Note: Sign up for CNN’s Meanwhile in China newsletter which explores what you need to know about the country’s rise and how it impacts the world. Chinese companies exported nearly 350,000 EVs to nine European countries in the first half of the year, more than they exported in all of 2022, according to data from the China Passenger Car …

China Thrashes Europe: Chinese EV makers dominate Munich Auto Show, EU car majors worried
1 year, 3 months ago

China Thrashes Europe: Chinese EV makers dominate Munich Auto Show, EU car majors worried

Firstpost  

Chinese EV makers are thrashing their European counterparts, very badly. At the ongoing Munich Auto Show, or IAA, Chinese EV makers are showcasing that even their budget EV offerings are far more capable and luxurious than most EVs that EU-based legacy car companies have to offer At the ongoing Munich International Motor Show, also known as the IAA mobility show, …

1 in Every 7 Cars Sold Now an EV, China's BYD Leaves Behind Tesla
1 year, 6 months ago

1 in Every 7 Cars Sold Now an EV, China's BYD Leaves Behind Tesla

News 18  

One in every 7 cars sold during the first quarter this year was an electric vehicle, dominated by China’s BYD at 21.1 percent market share while Tesla was at second spot, with 16 percent share, a report showed on Wednesday. “Tesla slashed prices for its models globally in January, following which other automotive brands announced similar cuts for their car …

Chinese investments help bolster Thai biz
1 year, 6 months ago

Chinese investments help bolster Thai biz

China Daily  

Visitors view an electric vehicle exhibited during the Thailand International Motor Expo 2022 in Bangkok, Thailand, Dec 1, 2022. BANGKOK — Increasing Chinese investments into Thailand, highlighted by the electric vehicle industry, have brought relevant industrial chains and technologies, helping to boost the Thai economy and green development in recent years, said the head of the country's East Economy Corridor. …

Chinese new energy vehicle makers rev up global reach
1 year, 7 months ago

Chinese new energy vehicle makers rev up global reach

China Daily  

BYD showcases the Seal sedan at the 2023 Shanghai auto show in April. SAIC Motor, China's largest carmaker by sales, said last week that it has started construction of a new energy industrial park in Thailand. SAIC said the park, located in Chonburi province and covering 120,000 square meters, is expected to focus on the localized production of key auto …

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