I’d later learn that the auto show had more than 100 new model debuts and concepts. That’s a far cry from the Detroit Auto Show last September, which only featured one fully new model. Two other models were refreshed versions of current cars already on sale. None were electric. In C...
100%: How Does Detroit Turn The Tide Against China? Let's say BYD builds a factory in Mexico—which it almost certainly will do soon—and that allows it to circumvent the steep U.S. tariffs on Chinese-made cars. And then it sells high-range EVs in the U.S. for, say, $25,000...
There is perhaps nothing more emblematic of the American century than the automobile. Assembly lines rolled out millions of Fords, Chryslers, Chevys and Buicks and made Motor City-Detroit, Michigan-the capital of the global car industry. But in the race to dominate the auto industry of the 2...
China's lead in electric cars hasn't happened overnight. The key driver: China's recognition more than a decade ago that EVs represented the most important transportation innovation since Henry Ford revolutionized auto manufacturing in the early 20th century. ...
Detroit Electric EV family: The revived brand wants to build a whole range of electric cars with the help of Chinese Far East Smarter Energy Group that poured 1.8bn into the firm based in Britainrecently. The new EVs will be presented at the Cenex Low Carbon Conference but shall go into ...
The centre of excellence in car manufacturing moved from Europe at the turn of the 1900s to the US with the growth of Detroit as the world’s auto powerhouse. The 1980s and 1990s saw Japan and South Korea surge ahead, only for Europe to rise again in the early noughties as Volkswagendu...
automakers (and ones operating here, like Toyota and the rest) to buy time to build cars that can compete with China. That was the vibe on a panel yesterday at the Automotive News Congress in Detroit: "This industry here in the United States should not think that this is going to be...
Over the year as a whole Elon Musk's Tesla (TSLA) still outpaced BYD, selling 1.8 million electric cars. BYD sold 1.57 million electric vehicles, up 73% on 2022, as well as 1.44 million hybrids. But that means Tesla's gap over its Chinese rival, at about 230,000 units in 2023, wa...
Detroit January 13 (Reuters) The Chinese government is said to be looking to prepare at least 10 million car parking spots for electric vehicles by 2020 in a new comprehensive policy due to be announced soon, a top executive at a local automaker said on Thursday. ...
In the United States, the government is providing $25 billion to help cover Detroit's research costs in the coming years. Mr. Zhang said that with a greater emphasis on incentives for electric car buyers, "we will cut back on the discretionary power of government agencies — otherwise, the...