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China

Every EVXL story tagged “China” — newest first.

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Tesla Emerges Victorious in Autopilot Crash Lawsuit - Tesla's 11-Day Winning Streak Shakes Short Sellers
Tesla

Tesla Rides High on Q3 Delivery Projections and Robotaxi Promise

Deutsche Bank analyst Edison Yu has maintained a Buy rating on Tesla (TSLA) with a price target of $295.00, according to a report from TipRanks. This optimistic outlook stems from Tesla’s anticipated strong performance in Q3 2024 and exciting developments in its robotaxi program. Robust Q3 Delivery Forecast Yu projects Tesla’s Q3 2024 deliveries to…

Tesla

US Proposes Sweeping Ban on Chinese Tech in Cars, Citing National Security Concerns

The US Commerce Department has proposed a far-reaching rule that could effectively ban Chinese-developed software and connectivity-related hardware in cars sold in the United States. This move, reported by The New York Times, is part of a broader effort by the Biden administration to limit Chinese influence in the automotive sector, particularly in the rapidly…

EV Giant Nio Plans Drastic Job Reductions Amid Rivalry
NIO

Chinese EV Giant Nio Pushes Back Against US, EU Tariffs

Nio Inc., a leading Chinese electric vehicle manufacturer, is voicing strong opposition to recent tariff measures proposed by the United States and European Union on Chinese EVs. This pushback comes amidst rising trade tensions and debates over fair competition in the global EV market. Nio Founder Calls Tariffs ‘Unreasonable’ According to a Bloomberg News report,…

EV Giant Nio Plans Drastic Job Reductions Amid Rivalry
Tesla

Biden Admin Targets Chinese EV Tech: Cybersecurity Concerns Spark Proposed Ban

The Biden administration is revving up efforts to ban Chinese-made software for electric and connected vehicles, citing significant cybersecurity risks. This bold move, as reported by Bloomberg, stems from an in-depth investigation into potential threats that Chinese vehicle software could pose to US drivers, infrastructure, and national security at large. Cybersecurity Takes the Driver’s Seat…

BYD

BYD’s Right-Hand Drive Strategy Fuels Southeast Asian Success

BYD, the Chinese electric vehicle giant, is making significant headway in Southeast Asian markets, particularly in Singapore and Malaysia. This success is largely attributed to the company’s swift adaptation to local requirements, according to Fortune. The Right-Hand Drive Advantage Jeffrey Gan, Managing Director for Southeast Asia at Sime Darby Motors, BYD’s distributor in the region,…

Lucid's Bold Move: Expanding EV Lineup to Challenge Industry Giants
Lucid

Lucid’s Bold Move: Expanding EV Lineup to Challenge Industry Giants

Lucid, the electric vehicle startup that’s made waves with its Air sedan, is gearing up for a major expansion. According to a recent MotorTrend report, the company’s ambitious plans include launching the Lucid Gravity SUV and developing a new midsize platform. This move signals Lucid’s intent to boost sales and achieve the scale necessary to…

Ford's Turbulent Times: Shares Dip Amid EV Struggles and Labor Uncertainty
Ford

Ford’s EV Strategy Shift: Mach-E Struggles and Three-Row SUV Cancellation

Ford’s electric vehicle ambitions have hit some roadblocks, as reported by The New York Times. The automaker is facing challenges with its Mustang Mach-E and has cancelled plans for a three-row electric SUV. Mach-E Troubles and Market Realities The Mustang Mach-E, Ford’s all-electric SUV, is grappling with supply chain issues, compliance costs, and fierce price…

Mercedes-Benz Shares Tumble After Profit Warning Due to Weak China Demand
Mercedes-Benz

Mercedes-Benz Shares Tumble After Profit Warning Due to Weak China Demand

Mercedes-Benz, the German luxury automaker, has seen a significant drop in its share price following a profit warning issued on September 20, 2024. The company cited weakening demand in China as the primary reason for the downgrade, which has had ripple effects across the European automotive sector, reports CNBC. Profit Warning Details Mercedes-Benz announced a…

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