Latest News and Articles about China EV Market
Xiaomi YU7 Electric SUV: Massive Orders, Delivery Delays Challenge EV Ambitions
Xiaomi’s YU7 Electric SUV: A Tech Titan’s Bold Leap Faces Delivery Hurdles Xiaomi Corp., a heavyweight in the smartphone and gadget world, has charged into the electric vehicle (EV) race with its YU7 electric SUV, delivering over 40,000 units since its launch on July 6. But with a staggering 289,000 orders in the first hour, […]
Read MoreTesla’s Model Y L Hits China: EV Battle Mirrors Bitcoin’s Disruption Fight
Tesla’s Model Y L Hits China: A Disruption Play with Crypto Shadows Tesla has fired a new salvo in China’s cutthroat electric vehicle (EV) market with the launch of its Model Y L, a stretched SUV built to tackle slumping sales and fierce local competition. Unveiled for orders on August 18, with deliveries set for […]
Read MoreChina’s EV Resale Ban Targets Fraud: Can Blockchain Deliver Transparency?
China’s EV Resale Ban: Unmasking Fraud and Blockchain’s Path to Transparency China’s electric vehicle (EV) market, a titan of innovation and sheer scale, is grappling with a scam so blatant it could give crypto’s worst rug pulls a run for their money. The Ministry of Industry and Information Technology is now weighing a six-month ban […]
Read MoreTesla’s China Market Share Crashes to 4%: Elon Musk Faces Brutal Competition
Tesla’s Market Share in China Plunges to 4%: A Brutal Wake-Up Call for Elon Musk Tesla’s grip on China’s electric vehicle (EV) market, once a stronghold as its second-largest territory, has crumbled to a pitiful 4% share, down from 11% in early 2021, with sales nosediving 30% year-over-year in May. As domestic titans like BYD […]
Read MoreBYD Hits Brakes: EV Giant Cuts Production Amid China Chaos and Global Expansion Risks
BYD Slams the Brakes: Chinese EV Titan Reins In Amid Domestic Chaos and Global Gambles Chinese electric vehicle (EV) behemoth BYD, recently crowned the world’s top EV maker ahead of Tesla, is hitting a wall of unsold cars and cutthroat pricing at home. Now, it’s scaling back its once-relentless expansion while chasing new horizons abroad. […]
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