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Autos Brief Markets

China’s car sales drop 14.8% as subsidies and tax exemptions fade

China’s domestic auto market saw sales drop 14.8% from a year earlier in January, reports Caixin. This comes as the industry grappled with a shift in government support policies. Total domestic sales fell to 1.665 million vehicles last month, down 33.9% from December, the China Association of Automobile Manufacturers (CAAM) said Wednesday. Domestic new-energy vehicle (NEV) […]

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Autos Brief Economics & Trade Law & Regulation

BYD sues Trump administration over tariffs

Chinese electric vehicle (EV) giant BYD has sued the US government for a refund on the Trump administration’s tariffs, reports Caixin. The move sees BYD join the ranks of a wave of legal challenges from companies including Costco and Toyota. In a lawsuit filed January 26 with the US Court of International Trade, several of BYD’s […]

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Autos Brief Manufacturing

Chinese carmaker Chery to start production in Spain

Chinese carmaker Chery will start production of its own vehicles in Spain “as soon as possible” this year, reports Reuters citing a company executive. This comes after successive delays to opening what will be its first factory in Europe. The confirmation that production will slide later into 2026 follows an earlier delay to the fourth quarter of […]

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Autos Brief Tech, Media & Telecom

China’s AutoFlight launches world’s largest flying car

Chinese electric vertical takeoff and landing aircraft maker Shanghai AutoFlight has unveiled a new heavy-lift model it says boasts the world’s largest payload and longest range, reports Caixin. The company on Thursday introduced the V5000 Matrix, an aircraft with a maximum takeoff weight of 5.7 tons that can carry a pilot and nine passengers. A hybrid […]

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Autos Consumer Economics & Trade Politics & Society Takeaway

Tariff tiffs

The EU has announced tariffs of 79% on all ceramic table and kitchenware from China, up from a range between 13.1-36.1% previously. This follows an investigation by the European Commission that it said found Chinese ceramics were owned, controlled or guided by “authorities”, receiving preferential financing, land and raw materials. The result of this was […]