Potential car buyers seen at a Tesla showroom in Shanghai. CHINA DAILY Tesla has scrapped plans to build plants in the ASEAN countries, reported Thai newspaper the Nation. Quoting an anonymous official source, the Nation said last week that Tesla had pulled out the team overseeing the project late last year. Tesla is currently only … Continue reading Tesla cancels factory plan in ASEAN
Tag: byd
German, Japanese cars lead in residual value
Visitors inspect a Toyota Prado SUV at the 2024 Beijing auto show in April. [CAO YINGYING/CHINA DAILY] German and Japanese vehicles excel in their residual value, followed by Chinese ones, according to a report released last week on the used vehicle market in the first half of the year. After three years of use, vehicles … Continue reading German, Japanese cars lead in residual value
Chinese vehicles made in EU keep costs edge
BYD’s electric models attract visitors at a new energy auto expo in Beijing. [Photo by A QING /FOR CHINA DAILY] Chinese electric vehicle makers like BYD and Chery are charging up production in the European Union to dodge tariffs. On paper, they have an edge, but how long they keep their pole position will hinge … Continue reading Chinese vehicles made in EU keep costs edge
BYD launches 3rd EV model in Japan
People visit the exhibition booth of BYD at an auto show in Xi’an, Northwest China’s Shaanxi province, May 1, 2024. [Photo/Xinhua] TOKYO — Chinese automaker BYD on Tuesday unveiled its third electric vehicle (EV), the SEAL, in Japan, as the company marches into the country’s sedan market. The SEAL will be available in two versions, … Continue reading BYD launches 3rd EV model in Japan
BYD releases 5th-generation DM hybrid technology with 2,100-km range
Visitors inspect BYD electric cars at the IAA Mobility 2023 international motor show in Munich on Sept 6. LEONHARD SIMON/GETTY IMAGES SHENZHEN — Chinese new energy vehicle (NEV) giant BYD has released its fifth-generation DM (dual mode) hybrid technology for plug-in hybrid electric vehicles with a comprehensive driving range of 2,100 kilometers. With the technology, … Continue reading BYD releases 5th-generation DM hybrid technology with 2,100-km range
From Shenzhen to Bremen, automotive cooperation takes new steps forward
A sedan from Chinese carmaker BYD stands in front of car freighter BYD Explorer No 1 that came to Bremen, Germany, from Shenzhen, Guangdong province, in February. [Photo/Agencies] SHENZHEN — A ro-ro ship under the name BYD Explorer No 1, the first of the new energy vehicle giant’s “shipping fleet” — with another seven transport … Continue reading From Shenzhen to Bremen, automotive cooperation takes new steps forward
Event shows Anhui an auto powerhouse
Chery Exeed08 car is displayed at the 2024 Auto China in Beijing on April 25, 2024. [Photo/VCG] There is great potential for the development of the automobile industry in Anhui province as a complete industrial chain has been formed and the provincial government offers strong support as well, executives of major carmakers said during the … Continue reading Event shows Anhui an auto powerhouse
BYD’s 7 millionth NEV rolls off production line
A view of Chinese carmaker BYD’s assembly line of new energy vehicles in Zhengzhou, Henan province. XINHUA SHENZHEN – The 7 millionth new energy vehicle (NEV) produced by BYD, China’s leading NEV manufacturer, rolled off the production line on Monday in Jinan, East China’s Shandong province. The car was the Denza N7 model, and BYD … Continue reading BYD’s 7 millionth NEV rolls off production line
Tim Cook: No supply chain more critical than China
Apple CEO Tim Cook (Central) and Wang Chuanfu, CEO of BYD, (Left 2) at Apple’s Shanghai office on March 20, 2024. [Photo provided to China Daily] Apple CEO Tim Cook said in an interview with China Daily in Shanghai on Wednesday that “There’s no supply chain in the world that’s more critical to us than … Continue reading Tim Cook: No supply chain more critical than China