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How Chinese EV makers are slowly taking over the world

When Ford closed its factory at Camaçari in the Brazilian state of Bahia in 2021, it ended a century of manufacturing in Brazil.Now, Camaçari...

Shenzhen rides e-commerce wave as globally popular apps fuel cross-border trade

But for now, e-commerce businesses are cashing in on overseas demand. In the first quarter, the value of such trade in Shenzhen exceeded 110...

Exclusive | China’s Xpeng eyes EV tech licensing to generate steady source of revenue

Chinese smart electric-vehicle (EV) maker Xpeng will offer its autonomous driving and EV technologies to other carmakers, allowing the company to generate a new...

China’s BYD just unleashed a hybrid pickup truck that has no rival in America — see the Shark

BYD introduced its new Shark plug-in hybrid pickup truck in Mexico on Tuesday. It's the company's first truck and the first product launched outside...

Biden announces a 100% tariff on Chinese EVs

Joe Biden has hiked tariffs on Chinese electric cars as he looks to protect the US auto industry from a wave of cheap vehicles.The...

The transition to electrification ramps up as Ferrari unveils a $423,000 sports car to rival BYD’s electric supercar

Ferrari NV has unveiled a €395,000 ($423,000) combustion engine sports car meant to help the Italian manufacturer defend its industry-leading margins. The 12Cilindri, also sold as a €435,000 Spider convertible...

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