Crisis or opportunity: traditional automakers in EV race

A BYD vehicle on display during an expo in Paris, France. [Photo/Xinhua] Editor’s note: The following article is the result of joint efforts of the Beijing Municipal People’s Government Consultation Office and the Cloud River Urban Research Institute. Delving into the changing global auto industry landscape, the article analyzes the challenges facing established automakers like … Continue reading Crisis or opportunity: traditional automakers in EV race

China’s new energy products offer diverse choices for consumers

A BYD Ocean-M electric car is displayed at the 2024 Auto China in Beijing on April 25, 2024. [Photo/VCG] BEIJING – Some Western politicians allege that China’s new energy products impact global economy. However, facts and figures prove such a narrative groundless and false. China’s export of new energy products has contributed much to global … Continue reading China’s new energy products offer diverse choices for consumers

Honda unveils EVs on platform developed in China

Honda’s new EV series, called Ye, are built on a dedicated platform developed in China. [Photo provided to chinadaily.com.cn] Japanese carmaker Honda unveiled on Tuesday an all-new EV series it will introduce into the Chinese vehicle market later this year. The Ye Series will be built on a dedicated EV platform developed in China and … Continue reading Honda unveils EVs on platform developed in China

Subsidies not reason for Chinese EVs competitive advantage: minister

A SEAL model electric sedan of BYD India launched in New Delhi. [Photo provided to chinadaily.com.cn] PARIS – Wang Wentao, minister of Commerce of China, said here Sunday that Chinese electric vehicle (EV) manufacturers’ rapid development is a result of constant tech innovations, well-established supply chain system and market competition, not subsidies. The accusations of … Continue reading Subsidies not reason for Chinese EVs competitive advantage: minister