BYD and Ford are in discussions on a partnership in which the American carmaker would buy batteries from the Chinese auto company for some of Ford’s hybrid-vehicle models, reports the Wall Street Journal, citing people familiar with the matter. The two companies are still discussing how the arrangement would work. One idea is that Ford would […]
Category: Autos
China’s automakers are heading into 2026 under mounting financial pressures as prices for key components such as memory chips, battery-grade lithium carbonate, copper and aluminum continue to climb, reportsCaixin. The added burden could inflate production costs by thousands of yuan per vehicle, Caixin says, citing UBS Group. Despite these rising costs, manufacturers are unlikely to […]
Aridge, the flying car unit of XPeng, has tapped investment banks to prepare for an initial public offering in Hong Kong, reports Caixin, citing people familiar with the matter. The company declined to comment, however speculation about a possible listing began in June 2025, when Aridge appointed Du Chao as CFO. Du, a veteran with nearly […]
The European Commission set out the conditions on Monday under which China-based electric vehicle makers can replace EU tariffs with commitments to sell at minimum prices, reports Reuters. The commission also said it would take into account Chinese EV investments in the bloc. For Beijing, the tariffs of up to 35.3% on EVs are the biggest source of […]
Volkswagen was overtaken by Geely Auto in sales in China last year, reports Reuters. This makes the German car manufacturer’s sales drop to third place after losing its decade-long dominance in the world’s largest auto market to BYD 2024, industry data showed. Volkswagen’s two joint ventures in China with state-owned FAW and SAIC Motor held a […]