Showing 1 - 5 of 5
China offers subsidies for car trade-ins
Published on 26/04/2024
» BEIJING - China will give a one-time subsidy of up to 10,000 yuan (US$1,380 or 50,000 baht) to consumers who trade in old cars and buy newer models in a move to stimulate the auto industry and the economy.
Musk: Chinese EV firms will 'demolish' rivals without trade barriers
Reuters, Published on 25/01/2024
» SAN FRANCISCO - Tesla CEO Elon Musk said on Wednesday Chinese automakers will "demolish" global rivals without trade barriers, underscoring the heat the United States electric vehicle (EV) market leader faces from the likes of BYD (Build Your Dreams), who are racing to expand worldwide.
Berlin to expand EV investment
News, Mongkol Bangprapa, Published on 26/01/2024
» Germany has vowed to expand its investment in electric vehicles in Thailand so the kingdom can become an EV regional hub, Prime Minister Srettha Thavisin said.
Chinese EV maker BYD poised to dethrone Tesla
Published on 02/01/2024
» The Chinese automaker BYD sold 526,409 fully electric vehicles in the fourth quarter, meaning Tesla will need a record showing to maintain its global market leadership when it releases sales figures later on Tuesday.
Chinese firm to offer cheaper EVs in Europe
Published on 15/12/2023
» BERLIN - The Chinese electric vehicle maker Nio will launch its cheaper Firefly brand in Europe in 2025, its president said on Friday.