US EditionChina's fast-growing EV makers pursuing varied routes to global expansion
- Chinese automakers, including BYD, Great Wall, Geely, and Chery, are rapidly expanding globally with affordable electric vehicles featuring sleek designs and advanced technology.
- Great Wall Motors reported a nearly 15% sales decline in China but aims to increase overseas sales, despite a net profit increase of over 80%.
- Chery sold 2.6 million vehicles internationally last year and plans to reach 3 million by 2025.
- BYD sold 3.52 million electric vehicles in China last year, surpassing Tesla's production numbers and reflecting a 28% increase from the previous year.
38 Articles
38 Articles
Newcastle Herald
Leapmotor wants to be among top three Chinese EV brands "everywhere"
Leapmotor may be a young brand in the EV world, but it hopes to be nipping at the...
Sydney Morning Herald
These affordable EVs are set to rule the roads – and they are all from the same place
Using sleek designs, the latest high-tech interiors and a cheaper price tag, a handful of car makers are rewriting the script on EVs and hybrids.
China's fast-growing EV makers pursuing global expansion
SHANGHAI, China — The world’s auto industry is getting a shake-up from Chinese automakers that are quickly expanding across the globe, offering relatively affordable electric vehicles designed to wow car buyers with sleek designs and the latest high-tech interiors. Companies like BYD, Great Wall, Geely and Chery Automobile are reaching outward as they build the
Exclusive-China’s Leapmotor to supply EV platform to Hongqi, also in talks with Ferrari
SHANGHAI (Reuters) -Leapmotor has struck a deal with Chinese state-owned automaker FAW to deliver an electric vehicle platform that will be used to drive overseas sales for Hongqi, an emerging national champion, executives from both companies said. The deal brings together an unlikely pairing. Leapmotor, a profitable upstart automaker in China’s crowded EV market, will supply the underpinnings for a new EV model to the country’s oldest auto bran…
A Spanish woman travels to China and says what cars she has seen most in this country: «Most of them are electric»
The automotive world tends to interest thousands of fans and, beyond the interest that Tesla models may have generated in recent times, the truth is that Asian cars take a lot of eyes for their combination of quality, price, technology and reliability . In this sense, Japan, South Korea and also China currently have the most potential companies. Thus, Toyota, Honda, Subaru or Mazda are some of the best known brands for their good value for money…
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