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Top News In Huanghe Science Today - Breaking & Trending Today

China's EV war: only the strongest will survive as BYD, Xpeng's dominance knock out 15 pretenders amid supply glut

China’s fast growing electric vehicle market has seen a proliferation of manufacturers at a time when demand was boosted by government subsidies. But rising costs and slowing demand are beginning to weigh on the smaller players who are now faced with the risk of elimination. ....

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Europe is working to slow down the global expansion of Chinese EVs

The European Commission will launch an anti-subsidy investigation against Chinese automakers, which may result in higher import duties on electric vehicles. ....

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EU launches Chinese EV anti-subsidy probe

Chinese electric vehicle (EV) builders hit a roadblock after the European Commission (EC) launched an anti-subsidy investigation last week, which is likely to affect annual exports of more than 2 million battery-powered vehicles projected to be sold in the continent by 2030, reports the South China Morning Post. A potential decision to impose tariffs higher… ....

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Chinese carmaker SAIC Motor expects to export 1.2 million vehicles in 2023 as MG brand 'revival' fuels 20% rise

‘The revival of the MG brand shows China’s rising manufacturing might in the automotive sector,’ an analyst says, as SAIC leads the country’s push to overtake Japan in annual car exports this year. ....

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China's EV makers pare prices further pursuing lofty sales goals, but analysts say the cuts will end soon

Amid frantic competition, makers have reduced prices again to lure buyers, but the cuts could be the last for a while as sales are already strong and margins are thin, according to analysts. ....

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