Tesla's Layoffs Won't Solve Its Growing Pains: The car company popularized EVs. Now, facing intense competition from China, it has to figure out what to do next.
wired.com/story/tesla-robotaxi-pivot-china/
Elon Musk says Tesla needs an "organizational overhaul": The car manufacturer Tesla is laying off over ten percent of its workforce. Read here how the company ...
businessinsider.de/wirtschaft/international-business/elon-musk-sagt-tesla-brauche-organisatorische-ueberarbeitung/
Quick Glance: Tesla: Layoffs and Elon Musk's Reality Check
- Tesla is planning a major layoff to prepare for the future.
- Elon Musk's grasp on reality is questioned as Tesla performs mediocre in the automotive industry.
- Tesla experiences a decline in revenue margin compared to other automakers.
- The success of Tesla's future depends on the implementation of autonomous driving technology.
BYD Got €3.4 Billion Chinese Aid to Dominate EVs, Study Says: China’s BYD Co. received at least €3.4 billion ($3.7 billion) in direct government subsidies as ...
bloomberg.com/news/articles/2024-04-10/byd-got-3-4-billion-chinese-aid-to-dominate-evs-study-says
Exclusive: Mexico, facing US pressure, will halt incentives to Chinese EV makers: Mexico's federal government, under pressure from the U.S., is keeping Chinese ...
reuters.com/business/autos-transportation/mexico-facing-us-pressure-will-halt-incentives-chinese-ev-makers-2024-04-18/
Quick Glance: Mexico Ends Incentives for Chinese Electric Vehicle Manufacturers
- Under US pressure, Mexico discontinues incentives for Chinese car manufacturers.
- US pressure compels Mexico to avoid Chinese automakers.
- Mexico caught in the middle of car wars between the US and China.
- US pressure leads to Mexico ceasing incentives for Chinese electric vehicles.
China's BYD fires up its car offerings to compete with Tesla and Jeep at the same time
cnbc.com/2024/04/17/chinas-byd-fires-up-nev-offerings-to-compete-with-tesla-and-jeep.html
China's BYD eyes luxury brands to boost profit margins: GUANGZHOU -- Chinese electric vehicle leader BYD may have no choice but to turn to its luxury brands like ...
asia.nikkei.com/Business/Automobiles/China-s-BYD-eyes-luxury-brands-to-boost-profit-margins
BYD unveils new low-cost ‘interstellar chariot’ electric SUV complete with a drone landing
electrek.co/2024/04/16/byd-unveils-new-interstellar-chariot-electric-suv-with-drone-pad/
Sales of electric passenger vehicles in China rose 10.5% in March from the same month a year earlier as automakers, led by popular BYD ... Show more www.reuters.com/business/autos-transportation/chinas-car-sales-rise-57-yy-march-2024-04-09/
China's BYD unveils three new models for its off-road Fangchengbao lineup: BYD has unveiled three new models, including two concept cars, under its premium brand ...
reuters.com/business/autos-transportation/chinas-byd-unveils-three-new-models-its-off-road-fangchengbao-lineup-2024-04-17/
Electric cars less popular: the lithium crash: The battery metal was considered the white gold of electromobility. Now e-cars are not as popular as expected and ...
faz.net/aktuell/wirtschaft/elektroautos-weniger-beliebt-der-preisabsturz-des-batterierohstoffs-lithium-19618230.html
Quick Glance: Electric Cars: Lithium Market Plunges
- The price of lithium has plummeted due to lower electric car demand than anticipated.
- The decline in prices of lithium, cobalt, and nickel is making electric cars more affordable.
- Experts do not foresee a rapid recovery of the lithium price due to oversupply.
Honda launches next-gen EV brand in China to take on BYD, first two SUVs due out in 2024
electrek.co/2024/04/16/honda-launches-next-gen-ev-brand-china-take-on-byd/
CNA Explains: Are China's EVs here to stay despite slow start to 2024?: CNA looks at the story behind Beijing's EV boom, the hurdles ahead and what it ...
channelnewsasia.com/asia/china-evs-electric-vehicles-cna-explains-byd-xpeng-nio-catl-tesla-4252576
Volkswagen to launch new EV platform in China to slash costs and compete with BYD
electrek.co/2024/04/17/vw-launch-new-china-ev-platform-cut-costs-rival-byd/
BYD sold over 360,000 Seagull EV models in under a year as its cheapest electric car
electrek.co/2024/04/09/byd-sold-over-360000-models-cheapest-electric-car/
Demand for a new Tesla rival is so high consumers have to wait months to get the car
qz.com/xiaomi-ev-china-su7-tesla-byd-price-war-1851378132
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Quick Glance: Xiaomi begins deliveries of over 100,000 orders for first EV
- Xiaomi receives over 100,000 orders for its first electric car SU7 and starts deliveries.
- The first deliveries come from a limited batch of 5,000 cars, named the "Founder's Edition."
- Xiaomi advises buyers of potential wait times of four to seven months due to strong demand.
- The launch of the SU7 fulfills the ambitions of CEO Lei, who announced the company's entry into EVs in 2021.
Tesla, Rivian or BYD: the stock market crash of e-car shares: The trend towards electromobility has driven many investors into e-car shares ...
handelsblatt.com/technik/it-internet/tesla-rivian-oder-byd-der-boersen-crash-der-e-auto-aktien/100024362.html
Scania Warns Chinese Electric Trucks Are Set to Take on Europe: After pushing into Europe with their electric cars, Chinese manufacturers such as BYD Co ...
bloomberg.com/news/articles/2024-04-04/scania-warns-chinese-electric-trucks-are-set-to-take-on-europe
China commerce minister kickstarts Europe trip with Chinese EV firms meeting: China's commerce minister kicked off a trip to Europe by meeting top Chinese ...
reuters.com/world/china/china-says-us-europe-accusations-overcapacity-are-groundless-2024-04-08/
“Ban Chinese electric vehicles now,” demands US senator: China's EV industry benefits from billions of dollars in government subsidies.
arstechnica.com/cars/2024/04/ban-chinese-electric-vehicles-now-demands-us-senator/
BYD Unveils Two Models in Latest Luxury SUV Push: BYD Co. doubled-down on its expansion into luxury sport utility vehicles and off-roaders with two new models to ...
bloomberg.com/news/articles/2024-04-16/byd-unveils-two-models-in-latest-luxury-sport-utility-push
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Electromobility: BYD loses top position in electric cars to Tesla again: The Chinese car manufacturer only sold around 300,000 vehicles in the past quarter ...
handelsblatt.com/unternehmen/industrie/elektromobilitaet-byd-verliert-spitzenposition-bei-elektroautos-wieder-an-tesla/100029496.html
BYD may hand back top EV seller title to Tesla after Q1 sales decline: BYD, China's biggest electric vehicle (EV) maker, reported first quarter 2024 sales fell ...
reuters.com/business/autos-transportation/byd-may-hand-back-top-ev-seller-title-tesla-after-q1-sales-decline-2024-04-02/
Quick Glance: Potential Risk: Tesla Stock Price Faces Dramatic Decline
- Per Lekander labels Tesla as the largest stock market bubble in modern history.
- He warns that the absence of growth endangers Tesla's stock price and poses a risk of collapse.
- Lekander forecasts a potential drop in the stock price to just $14 per share, reflecting a 91% decrease. He critiques Tesla's business model and highlights current demand challenges.
BYD’s affordable Seagull EV poised to arrive as the UK’s cheapest electric car: BYD’s most affordable Seagull EV, starting under $10,000 (69,800 yuan) ...
electrek.co/2024/04/03/byds-affordable-seagull-likely-launch-uks-cheapest-ev/
Tesla reclaims EV crown from BYD amid overall sales drop: PALO ALTO, California -- Tesla has reclaimed the title of the world's top EV seller in the ...
asia.nikkei.com/Business/Automobiles/Tesla-reclaims-EV-crown-from-BYD-amid-overall-sales-drop
Elon Musk might be doing a lot of damage to Tesla: The horror start to the year for Elon Musk’s carmaker has continued, with its latest results shocking Wall ...
smh.com.au/business/companies/elon-musk-might-be-doing-a-lot-of-damage-to-tesla-20240403-p5fgzh.html
How Tesla and its Chinese competitor compare, in 4 charts: The Shenzhen-based firm has become the world’s leading manufacturer of electric vehicles (EVs) ...
cnn.com/2024/04/03/cars/china-tesla-byd-competition-hnk-intl-dg/
Quick Glance: Comparing Tesla and Its Chinese Rival
- BYD surpassed Tesla in global electric vehicle sales in the last quarter of 2023, but they remain neck and neck.
- Tesla is the world's most valuable car company with a market cap of $560 billion, while BYD ranks among the top 10 automakers.
- BYD's competitive pricing has propelled its rise in the EV market, while Tesla, although cutting prices in China, remains more expensive than BYD.
- Both companies are expanding beyond their home markets, with Tesla in China and BYD in the USA and abroad.
Tesla rival BYD saw sales surge last month as the EV race in China intensifies: Several other Chinese carmakers, including Xpeng and Nio, reported strong results
qz.com/byd-china-electric-vehicle-sales-march-tesla-xpeng-nio-1851378679
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Sixt: The rental car company and the “absolute electric car catastrophe”: Rental car entrepreneur Erich Sixt has always castigated the electric car as an ...
wiwo.de/unternehmen/auto/elektro-mietwagen-erich-sixts-soehne-und-die-absolute-e-auto-katastrophe/29750822.html
Tesla is scrapping its long-promised cheap electric vehicle in favor of robotaxis, report says
qz.com/elon-musk-tesla-cancel-cheap-ev-turn-self-driving-1851390873
Quick Glance: Elon Musk's Behavior Impacting Tesla's Sales and Reputation
- A growing number of EV shoppers are increasingly put off by Elon Musk’s behavior and politics.
- Musk has increasingly focused on controversy and politics, negatively affecting Tesla's reputation and sales.
- Tesla disclosed disappointing delivery numbers for the first quarter, with Musk's controversial behavior likely leading some consumers to explore alternatives.
- Musk scored low in trust surveys, with many EV shoppers now seeking alternatives to Tesla to avoid his behavior and politics.
BYD leads EV sales surge in Brazil with affordable electric cars: China’s leading automaker, BYD, is aggressively expanding overseas. After launching its ...
electrek.co/2024/04/05/byd-leads-ev-sales-surge-brazil-affordable-electric-cars/
EV Rise Helps BYD Overtake Geely to Become China’s Car King: The country’s rapid embrace of electric cars left Geely scrambling for second place.
trib.al/cJcVkFI
Why visiting a workshop with an electric car is usually expensive: When the electric cars have to go to the workshop for repairs, the owners quickly face ...
businessinsider.de/wirtschaft/warum-der-besuch-einer-werkstatt-mit-dem-e-auto-meist-teuer-wird/
Leaked images tease BYD’s first electric pickup, coming to global markets this year
electrek.co/2024/04/03/leaked-images-byd-first-electric-pickup-to-be-sold-globally-ev-2024/
Brazil imports of Chinese electric vehicles surge ahead of new tariff: A flood of electric vehicles from China boosted Brazilian car imports in the first quarter ...
reuters.com/business/autos-transportation/brazil-imports-chinese-electric-vehicles-surge-ahead-new-tariff-2024-04-05/
BYD Threatens More Than Just Tesla in Push Into Electric SUVs and Premium Cars: BYD’s premium Fang Cheng Bao brand showcased its Bao 8 SUV as well as two ...
on.barrons.com/4d2cosS
BYD is launching its next-gen Blade EV battery soon with more range and even lower cost
electrek.co/2024/04/08/byd-launch-next-gen-ev-battery-more-range-lower-price/
The 1200 hp frontier commuter: Suitable for off-road use, buoyant, extremely strong & comfortable: The Yangwang U8 (2024) sets standards in the first test drive ...
autozeitung.de/neuer-yangwang-u8-2024-fahrbericht-205867.html
Commentary: Chinese EVs are putting a high-tech spin on 'Made in China' label in Southeast Asia
channelnewsasia.com/commentary/china-ev-electric-car-byd-tesla-southeast-asia-4234326
BYD sends its own freighters: Is Germany threatened by a flood of Chinese cars?: China's car manufacturers want to get their e-vehicles to Europe quickly - and ...
n-tv.de/wirtschaft/Droht-Deutschland-die-China-Auto-Flut-article24845567.html
VW Unveils New China EV Software in Bid to Regain Lost Ground: Volkswagen AG will roll out a new digital architecture to make its electric vehicles more ...
bloomberg.com/news/articles/2024-04-17/vw-unveils-new-china-ev-software-in-bid-to-regain-lost-ground
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Jorge Vallejo, general director of Chinese auto company BYD: ‘We want to democratize the use of electric cars in Mexico’
english.elpais.com/economy-and-business/2024-04-06/jorge-vallejo-director-general-of-chinese-auto-company-byd-we-want-to-democratize-the-use-of-electric-cars-in-mexico.html
Tesla's terrible week, Ford doubles down on hybrids, and Chinese EV companies innovate: Autos news roundup
qz.com/tesla-elon-musk-ford-byd-gm-ev-hybrid-fisker-roundup-1851388760
Tesla and BYD sales fall as concerns mount over electric shift: US carmaker reclaims crown as world’s largest seller of battery electric cars after Chinese rival ...
ft.com/content/1f18cf1f-8b28-446a-81d2-86555f52a6e8
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Chinese EV Makers Challenging Market Leaders at Auto Show in Bangkok: Companies like BYD, XPeng and Great Wall Motors are quickly growing their sales in Thailand ...
thediplomat.com/2024/03/chinese-ev-makers-challenging-market-leaders-at-auto-show-in-bangkok/
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David McWilliams: America and China are pursuing a type of industrial cold war: David McWilliams: Travails of Musk and Tesla tell us something far bigger than ...
irishtimes.com/opinion/2024/04/13/america-and-china-are-pursuing-a-type-of-industrial-cold-war/
China gave BYD an incredible $3.7 billion to ‘win’ the EV race: China has been heavily subsidizing its green tech sectors. But BYD is a favorite child of the ...
electrek.co/2024/04/12/china-gave-byd-an-incredible-3-7-billion-to-win-the-ev-race/
BYD and Mercedes-Benz tease new co-branded luxury electric vehicle coming this year
electrek.co/2024/04/05/byd-mercedes-benz-tease-new-co-branded-luxury-electric-vehicle/
China’s competitive car market at heart of global EV revolution: EV makers from China have made inroads into markets from Europe to South-East Asia and ...
thestar.com.my/tech/tech-news/2024/04/01/chinas-competitive-car-market-at-heart-of-global-ev-revolution
Tesla Rival BYD’s Sales Jump as EV Competition Heats Up: The Chinese electric-vehicle maker has emerged as a fierce competitor to Western EV makers.
on.wsj.com/49lQ6iV
As Chinese businesses launch operations in Mexico, managers learn cross-cultural lessons
scmp.com/news/china/article/3257822/chinese-businesses-launch-operations-mexico-managers-learn-cross-cultural-lessons
Investors scramble for Xiaomi shares after electric car debut: The market launch of its e-car caused the Chinese electronics manufacturer's shares to rise by up ...
diepresse.com/18328220/anleger-reissen-sich-um-xiaomi-aktien-nach-elektroauto-debuet
China’s largest carmaker to cut thousands of jobs at its joint ventures with GM and Volkswagen
electrek.co/2024/04/01/chinas-largest-carmaker-to-cut-thousands-of-jobs-at-its-joint-ventures-with-gm-and-volkswagen/
Apple is investing more in Vietnam as it moves away from China: Apple CEO Tim Cook met with Vietnamese Prime Minister Pham Minh Chinh while visiting the country
qz.com/apple-vietnam-investment-tim-cook-china-1851413072
Honda to Match BYD in China, Unveiling 2 New Models Under 'Ye' EV Brand
techtimes.com/articles/303645/20240416/honda-match-byd-china-unveiling-2-new-models-under-ye.htm
China’s EV competition is so fierce that Volkswagen ‘cannot keep up’ and should avoid ‘utopian expectations,’ says its CEO
fortune.com/2024/04/06/volkswagen-china-ev-competition-byd-automotive-competition/
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Photos: BYD's Fang Cheng Bao unveil Super 3 and Bao 8 luxury SUVs, Super 9 concept sports car
gulfnews.com/photos/business/photos-byds-fang-cheng-bao-unveil-super-3-and-bao-8-luxury-suvs-super-9-concept-sports-car-1.1713346710721
Falling sales figures for NASDAQ value Tesla shares, BYD shares & Co.: Is the e-car industry doomed?
finanzen.net/nachricht/aktien/e-mobilitaet-im-fokus-tesla-und-byd-enttaeuschen-mit-nachlassendem-absatz-ist-der-e-auto-hype-schon-vorbei-13412052
BYD’s Push Into Electric SUVs and Premium Cars Is a Threat to More Than Just Tesla
barrons.com/articles/byd-tesla-stock-models-0d9d7fc9
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#BangkokPost : Rever Leasing, an auto loan unit under Rever Automotive Co, the sole distributor of BYD electric vehicles, is poised to commence operations next month ... Show more #business #auto #EVs #BYD #loan #Finance #market www.bangkokpost.com/business/motoring/2777384/rever-leasing-aims-to-lead-ev-loan-market
Competition in a crowded market: This is how EV manufacturers want to assert themselves against Tesla and Xiaomi
finanzen.net/nachricht/aktien/preiskampf-kampf-um-den-markt-wie-chinesische-ev-hersteller-gegen-tesla-und-xiaomi-antreten-wollen-13412691
One thing Biden and Trump agree on: Keeping cheap Chinese EVs out of U.S.: Hearings on Tuesday and Wednesday could offer hints about possible new tariffs on ...
marketwatch.com/story/one-thing-biden-and-trump-agree-on-keeping-this-10-000-chinese-ev-out-of-the-u-s-96980133
China pushes thousands of electric cars onto the market now they are parked in German ports
focus.de/auto/news/autoabsatz/china-drueckt-tausende-e-autos-in-den-markt-jetzt-parken-sie-in-deutschen-haefen_id_259856041.html
Tesla: An Underappreciated Problem With FSD: US infrastructure issues challenge Tesla's self-driving goals as the current GPS falls short in accuracy ...
seekingalpha.com/article/4683809-tesla-an-underappreciated-problem-with-fsd
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Dynasties on wheels: China's top 5 luxury cars: Check out the top 5 luxury cars rolling out of China
gulfnews.com/kurator/luxury/dynasties-on-wheels-chinas-top-5-luxury-cars-1.1712060045944
Toyota’s China joint venture to use Huawei components for autonomous driving: report
technode.com/2024/04/09/toyotas-china-joint-venture-to-use-huawei-components-for-autonomous-driving-report/
CX Daily: How China’s Revision of Supervision Law Would Expand Legislative Oversight Powers - mailchi.mp/caixin/cx-daily-june-9-asias-ruined-run-of-pandemic-success-279591
5 EV Stocks In The Spotlight (That Are Not Tesla): Tesla gets the most attention in the electric vehicle industry. Read about other EV companies worth ...
seekingalpha.com/article/4683368-5-ev-stocks-in-the-spotlight-that-are-not-tesla
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BYD: Attractive starting position: BYD Dominates Chinese EV Market Despite Slower Q1 Growth; Musk pays respect.
deraktionaer.de/artikel/deraktionaerplus/byd-attraktive-ausgangslage-20355089.html
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Chinese Automakers Need More Ships For EV Exports: The popularity of electric vehicles is evident with its demand. Chinese automakers have no problems in ...
techtimes.com/articles/303489/20240411/chinese-automakers-need-more-ships-ev-exports.htm
China’s trade minister meets car executives in Paris as EU trade probe continues: Wang’s trip comes ahead of Chinese President Xi Jinping’s expected visit to ...
technode.com/2024/04/11/chinas-trade-minister-meets-car-executives-in-paris-as-eu-trade-probe-continues/
Tesla’s Sales Drop Was Shocking. How Far the Stock Could Tumble.: Tesla’s “shockingly disappointing” deliveries revealed the extent of its growth problem.
barrons.com/articles/tesla-stock-price-musk-c1d4a6ea
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BYD: Bulls back at the wheel: BYD Shares Rise After Positive Q1 Delivery Numbers; HKD220 mark in investors' focus.
deraktionaer.de/artikel/technischeanalyse/byd-bullen-wieder-am-steuer-20354644.html
BYD’s premium Denza brand updates, cuts prices of N7 SUV to entice would-be Tesla Model Y buyers
electrek.co/2024/04/02/byd-denza-updates-cuts-prices-n7-suv-tesla-model-y-buyers/
BYD’s impressive Dolphin is bound to make a big splash: This mid-sized electric hatchback is part of the Chinese car maker’s ‘Ocean Series’ ...
irishtimes.com/motors/review/2024/04/10/byds-impressive-dolphin-is-bound-to-make-a-big-splash/
“BYD was never in the game” - Barke comments in detail about Ford in Saarlouis: The Saarland Economics Minister Jürgen Barke (SPD) commented in detail on the ...
saarbruecker-zeitung.de/saarland/saar-wirtschaft/byd-war-nie-im-spiel-barke-aeussert-sich-ausfuehrlich-zu-ford-in-saarlouis_aid-110423277
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Bitcoin Group to give away, Tesla in the robo upswing, Intel and Google attack Nvidia
deraktionaer.de/artikel/aktien/bitcoin-group-zu-verschenken-tesla-im-robo-aufwind-intel-und-google-attackieren-nvidia-20354824.html
Higher energy density: BYD boss announces new generation of Blade Battery - Golem.de
golem.de/news/hoehere-energiedichte-byd-chef-kuendigt-neue-generation-der-blade-battery-an-2404-183965.html
Xiaomi beats BYD and Tesla: AI; Hot Stock
deraktionaer.de/artikel/aktien/xiaomi-schlaegt-byd-und-tesla-20354672.html
Chinese automakers post sharp annual profit drops as international partners hit by domestic competition
technode.com/2024/04/08/chinese-automakers-post-sharp-annual-profit-drops-as-international-partners-hit-by-domestic-competition/
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