BYD Founder Wang Chuanfu Faces Crisis Over Alleged Extramarital AffairChairman Wang Chuanfu of BYD, a major Chinese electric vehicle company, is recently rumored to have illegitimate children in the United States—/Search engine Baidu. Wang Chuanfu, 58, founder of BYD, a major Chinese electric vehicle company comparable to Elon Musk’s Tesla, is suddenly embroiled in rumors of having illegitimate children in the United States, facing […]
Chinese Electric Cars Outperform US Competitors in SalesThe Financial Times reported that Mathias Miedreich, CEO of Belgian conglomerate Umicore, said that sales of Chinese-made electric vehicles outpace those from the U.S. because of their superior performance and better price. In the interview, he said that Chinese electric cars sell well because they are genuinely good, and it seems like American companies are […]
EU Finds Evidence of Chinese Government Unfairly Providing SubsidiesThe EU’s European Commission announced that after months of investigation, it had found evidence that the Chinese government was unfairly providing subsidies for electric vehicles exported to Europe through direct fund transfers. In October 2023, Europe began an official investigation into China’s electric vehicle industry. As European companies enter the European Union, they are competing […]
BYD, a Company Backed by Warren Buffet, Has Dominated the Entire EV IndustryRecently, the latest model of BYD’s Yuan Plus is being sold in China starting at about 120,000 yuan (about $16,660), which is about 12% cheaper than the previous model. According to the media, the price war of electric vehicles is currently accelerating in China, and overall sales volume is decreasing. BYD’s competitor XPeng had reached […]
[Debate] Will Chinese Electric Vehicles Take Over the European Market?Wariness against Chinese electric vehicles and concerns over the rising market share of Chinese electric vehicles in EuropeEU has predicted a response to Chinese electric vehicle companies through an anti-subsidy investigation Discrimination against Chinese electric vehicles begins in Europe According to reports from Chinese business media Caixin and Reuters, the European Union (EU) is establishing […]
Hyundai Ioniq 5 Wins Top Honor in Parents' 2024 Best Family Cars AwardsHyundai Motor Company announced on the 7th that the Ioniq 5 has been selected as the “Best Family Electric 5-Seater SUV” in the Parents‘ 2024 Best Family Cars Awards. Parents, founded in 1926, is a prestigious American magazine that provides various information on child development to assist parenting. Each year, it conducts the Best Family […]
Michigan Installs First U.S. Road to Charge EVs Without PlugsElectreon and MDOT pioneered the U.S.'s first wireless charging road in Detroit's Corktown, testing electric vehicle charging technology.
Lucid Motors Takes on Tesla with the Launch of Its New Electric SUV, GravityLucid Motors unveiled its large electric SUV called "Gravity" with impressive features, including a 710km range and aerodynamic design.
BMW's Shocking Move: Internal Combustion Engine Production Heads to the UK and AustriaBMW is moving internal combustion engine production from Germany to the UK and Austria while converting its Munich factory to EV production.
Volkswagen's Electric Game-Changer: Affordable Electric Car Set to Hit U.S. MarketVolkswagen plans to launch a sub-$35,000 electric vehicle in the U.S. within 3-4 years, exploring local battery sourcing for tax incentives.
Chinese EV Brand Zeekr Gears Up for Big NYSE DebutZeekr, Geely's premium EV brand, seeks New York Stock Exchange IPO, aiming to join other Chinese electric vehicle firms listed in the U.S.
Jeep's Shocking News: Wrangler and Grand Cherokee Go ElectricStellantis is investing $19 billion by 2028 in electric vehicle development, including electric Jeep Wrangler and Grand Cherokee.
Hyundai's $5.5 Billion EV Plant in Georgia Nears Full Foundation CompletionHyundai's U.S. electric vehicle assembly and battery plant progress rapidly, with 99.9% of foundation work completed in one year.
Chevrolet Equinox EV: Changing the Game for Electric CarsChevrolet unveils 2024 Equinox EV with a 300-mile range, aiming for affordability at an estimated $30,000. U.S. launch set for this fall.
Volkswagen Introduces the ID.X Performance ConceptVolkswagen has unveiled the ID.X Performance: High-performance AWD EV concept based on the ID.7 sedan, boasting 558ps.
BYD Founder Wang Chuanfu Faces Crisis Over Alleged Extramarital Affair Chairman Wang Chuanfu of BYD, a major Chinese electric vehicle company, is recently rumored to have illegitimate children in the United States—/Search engine Baidu. Wang Chuanfu, 58, founder of BYD, a major Chinese electric vehicle company comparable to Elon Musk’s Tesla, is suddenly embroiled in rumors of having illegitimate children in the United States, facing […]
Chinese Electric Cars Outperform US Competitors in Sales The Financial Times reported that Mathias Miedreich, CEO of Belgian conglomerate Umicore, said that sales of Chinese-made electric vehicles outpace those from the U.S. because of their superior performance and better price. In the interview, he said that Chinese electric cars sell well because they are genuinely good, and it seems like American companies are […]
EU Finds Evidence of Chinese Government Unfairly Providing Subsidies The EU’s European Commission announced that after months of investigation, it had found evidence that the Chinese government was unfairly providing subsidies for electric vehicles exported to Europe through direct fund transfers. In October 2023, Europe began an official investigation into China’s electric vehicle industry. As European companies enter the European Union, they are competing […]
BYD, a Company Backed by Warren Buffet, Has Dominated the Entire EV Industry Recently, the latest model of BYD’s Yuan Plus is being sold in China starting at about 120,000 yuan (about $16,660), which is about 12% cheaper than the previous model. According to the media, the price war of electric vehicles is currently accelerating in China, and overall sales volume is decreasing. BYD’s competitor XPeng had reached […]
[Debate] Will Chinese Electric Vehicles Take Over the European Market? Wariness against Chinese electric vehicles and concerns over the rising market share of Chinese electric vehicles in EuropeEU has predicted a response to Chinese electric vehicle companies through an anti-subsidy investigation Discrimination against Chinese electric vehicles begins in Europe According to reports from Chinese business media Caixin and Reuters, the European Union (EU) is establishing […]
Hyundai Ioniq 5 Wins Top Honor in Parents' 2024 Best Family Cars Awards Hyundai Motor Company announced on the 7th that the Ioniq 5 has been selected as the “Best Family Electric 5-Seater SUV” in the Parents‘ 2024 Best Family Cars Awards. Parents, founded in 1926, is a prestigious American magazine that provides various information on child development to assist parenting. Each year, it conducts the Best Family […]
Michigan Installs First U.S. Road to Charge EVs Without Plugs Electreon and MDOT pioneered the U.S.'s first wireless charging road in Detroit's Corktown, testing electric vehicle charging technology.
Lucid Motors Takes on Tesla with the Launch of Its New Electric SUV, Gravity Lucid Motors unveiled its large electric SUV called "Gravity" with impressive features, including a 710km range and aerodynamic design.
BMW's Shocking Move: Internal Combustion Engine Production Heads to the UK and Austria BMW is moving internal combustion engine production from Germany to the UK and Austria while converting its Munich factory to EV production.
Volkswagen's Electric Game-Changer: Affordable Electric Car Set to Hit U.S. Market Volkswagen plans to launch a sub-$35,000 electric vehicle in the U.S. within 3-4 years, exploring local battery sourcing for tax incentives.
Chinese EV Brand Zeekr Gears Up for Big NYSE Debut Zeekr, Geely's premium EV brand, seeks New York Stock Exchange IPO, aiming to join other Chinese electric vehicle firms listed in the U.S.
Jeep's Shocking News: Wrangler and Grand Cherokee Go Electric Stellantis is investing $19 billion by 2028 in electric vehicle development, including electric Jeep Wrangler and Grand Cherokee.
Hyundai's $5.5 Billion EV Plant in Georgia Nears Full Foundation Completion Hyundai's U.S. electric vehicle assembly and battery plant progress rapidly, with 99.9% of foundation work completed in one year.
Chevrolet Equinox EV: Changing the Game for Electric Cars Chevrolet unveils 2024 Equinox EV with a 300-mile range, aiming for affordability at an estimated $30,000. U.S. launch set for this fall.
Volkswagen Introduces the ID.X Performance Concept Volkswagen has unveiled the ID.X Performance: High-performance AWD EV concept based on the ID.7 sedan, boasting 558ps.
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