"In a milestone for China, the world's biggest auto market, EVs hit 50 percent of new car sales in July," noted the report.

Profit margins in China’s automotive industry were squeezed even further in 2024 as cut-throat competition continued to claim weaker electric vehicle makers.

Electric vehicles had another whirlwind year around the globe, driven by buyers in China, and growth in parts of Europe and ...

Shoppers interact with an "Internet celebrity mascot" doll at IKEA home store in Shanghai, China,6, 2024.

China set a goal to have 50% of EV sales by 2035 – lagging behind many countries. Now it's hit that goal 10 years early.

On the one hand, China's initiatives in the EV and renewable energy sectors have been widely acknowledged by international ...

From today, December 26, 2024, through January 26, 2025, BYD is offering free car insurance on select PHEVs and EVs in its Ocean and Dynasy lineups. The promo includes several top-selling EVs, ...

A spokesperson for Chinese automaker BYD has objected to reports about poor conditions at a construction site in Brazil where ...

Chinese automakers have hit a significant roadblock in Europe. The European Union’s new tariffs, which add up to 35% to the cost of importing electric vehicles (EVs), have dented Chinese brands' ...

It’s a wonder three little headlights can stir up such debate. But that’s what many netizens in China have been driven to ...

The skateboard chassis utilizes submarine-grade steel, aerospace-grade aluminum alloy, and multiple barrier structures, enhancing its rigidity ...

BYD has been building the factory with an annual capacity of producing 150,000 cars initially in Brazil, the Chinese EV giant ...