China's EV sales surged 40 per cent in 2024, while gas-powered car sales plunged 17 per cent, reshaping the world's largest auto market.
By Ken Moritsugu and Zen Soo13 Jan 2025The Associated PressA bruising price war in China, the world's largest auto market, has hurt some smaller automakers.
By Reuters12 Dec 2024ReutersMercedes-Benz taps China's Momenta for ADAS tech, with $75M investment, aiming to regain market share in China by 2025.
By Reuters29 Nov 2024ReutersChina's BYD reported surging sales, surpassing Tesla in quarterly revenue for the first time as it expands into overseas markets.
By Peter Catterall30 Oct 2024Agence France-PresseUpscale Fangchengbao brand from BYD to use self-driving tech developed by Huawei as Chinese manufacturers band together in face of tough pressures.
By Reuters26 Aug 2024ReutersChinese carmakers oppose European Commission's draft policy to impose 36% EU tariff on EVs from China.
By Reuters21 Aug 2024ReutersAuto sales in China slipped 5% from a year earlier, although exports jumped 20% as makers of electric vehicles expanded into global markets
By Elaine Kurtenbach9 Aug 2024The Associated PressThe China Association of Automobile Manufacturers (CAAM) is "strongly dissatisfied" with anti-subsidy tariffs proposed by the European Union.
By David Kirton6 Jul 2024ReutersToyota is planning to launch its first EV equipped with an advanced autonomous driving system for the Chinese market next year.
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