China’s government has supported electric vehicle brands like BYD through major subsidies.
October's 6.7% drop followed a spike in late summer before subsidies expired.
As Japanese automakers slow production, Thailand is banking on investment from China to build up its EV manufacturing base.
Tesla announced its auto revenues are down, and GM is delaying a new electric truck manufacturing plant.
Is the problem unfair industry subsidies, or is China just better at making electric vehicles?
A Chinese automaker has announced a model for less than $10,000. And Ford says it’s committed to a $25,000 electric.
Chinese automaker BYD, which sells both hybrids and pure EVs, likely surpassed Tesla’s total vehicle sales last year.
The Senate version of a federal spending bill would ban Chinese vehicle makers from the U.S. public bus sector on grounds of national and economic security.
The city has made a name for itself as China’s Silicon Valley with three factors: government support, speed and location.
Electric cars are drawing attention and Chinese automakers are to the fore.
