Chinese Evs

What India's new EV policy may look like

India’s new EV policy in the offing aims to attract global players like Tesla with lower import duties while boosting local manufacturing

DeepSeek is now in Chinese EVs, to power Geely & BYD’s connected car and self-driving tech

DeepSeek, which recently gained global attention for its cost-effective AI model, is now helping Chinese automakers like Geely & BYD enhance connected car features and self-driving capabilities, and strengthen their positions in the EV market

US bans all Chinese, Russian tech in passenger cars citing national security reasons

For now, the ban will apply to passenger vehicles weighing under 10,001 pounds, but there are plans to extend it to include larger vehicles like buses and trucks down the line. The restrictions will be rolled out in two phases

Tesla stock plummets as EV giant reports decline in annual deliveries for the first time

Despite promotions like zero-interest financing, Tesla fell short of expectations in the fourth quarter, handing over fewer vehicles than forecasted, adding to concerns about weakening demand for its ageing lineup

iPhone-maker Foxconn looking to acquire Nissan’s stake from Renault, discussions ongoing

Foxconn’s interest in Nissan aligns with its recent focus on electric vehicles (EVs). The tech giant has been investing heavily in EV manufacturing as part of its diversification strategy. For Nissan, the potential partnership could provide much-needed financial relief

BYD to get into robotics, starts recruiting young talent to develop humanoid robots

Shenzhen-based EV company BYD recently announced global job openings on WeChat, seeking specialists in sensory algorithms, robotics, and software engineering for its robotics arm. BYD has already developed a range of robots, including collaborative, mobile, and humanoid robots

Honda, Nissan start talking merger as Japan's auto sector continues to struggle in the EV era

If finalised, the merger bewteen Honda and Nissan would unite the assets of Japan’s second- and third-largest carmakers, creating a more robust contender to challenge market leaders like Toyota, Tesla, and rising Chinese EV brands

Xiaomi's stocks jumped a record 103%, latest push powered by its latest EV ventures

The company’s rapid success in the EV market mirrors its meteoric rise in the smartphone industry. Xiaomi’s first smartphone, launched in 2011, quickly propelled it into the ranks of global giants like Apple and Samsung. Now, the company’s EV business is following a similar trajectory

Xiaomi dreams big in EVs, plans to take on Tesla with a massive SUV set to launch in summer '25

The YU7 represents a significant step in Xiaomi’s $10 billion EV project, which billionaire founder Lei Jun has described as his final entrepreneurial venture. The company entered the EV market earlier this year with the SU7 sedan, a $30,000-plus vehicle reminiscent of Tesla’s Model 3

BYD to outsell Ford, Honda, beat 2024 sales goals heartily as Tesla continues to struggle in China

By the end of November, BYD had already delivered 3.76 million vehicles, including over 500,000 units in November alone, putting it on track to surpass its 4 million sales goal for the year