Ford Says It Will Lose $3 Billion on EVs in 2023
Plus, Tesla's price war in China, Domino's Pizza becoming a leader in the electric-car transition, and more, in today's Morning Shift.
Source: jalopnik.com
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China starts shipping electric vehicles to Europe – DW – 10/20/2022
After taking over their huge domestic market, Chinese e-vehicle manufacturers want to crash Europe. Can their wide range of electric cars make a breakthrough splash in Germany?
Source: dw.com
China's auto sector defies funding slump, with EV start-ups leading the way
The auto sector has taken the top spot for VC funding so far this year, with more than 147 deals amounting to $8.5 billion. Read more at straitstimes.com.
Source: straitstimes.com
China's EV startups defy funding slump with $6 billion
Auto sector takes the top spot for funding so far this year
Source: gulfnews.com
China's electric car capital has lessons for the rest of the world
A Wuling Hongguang Mini EV Macaron rolls off the assembly line. - Blooomberg BEIJING (Bloomberg): One of the first things visitors to the southern Chinese city of Liuzhou notice is the quiet. Missing is the incessant noise of throbbing engines and clashing gears that provides the backdrop to daily life in most metropolises around the globe. The reason: almost 30% of the cars sold in Liuzhou last year were electric, according to WAYS Information Technology, a Guangzhou-based consulting firm, more than five times China’s average - making the city of 4 million the effective capital of the bigg...
Source: thestar.com.my