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Chinese automakers sweep Western brands out of global markets

Baua Electric

It won’t be news to Charged readers that Chinese automakers have lapped “Western” brands in the EV race. Markets in Asia, South America and Africa may be small compared to North America and Europe, but taken together they add up. Michael Dunne knows as much about China’s auto market and automakers as just about anyone out there.

Chinese 52
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Tesla expands into the Philippines, starts hiring

Baua Electric

Tesla is now in most major auto markets around the world with the exception of a few, like India, which wasn’t from a lack of trying. The automaker has yet to launch primarily in Africa and South America, and it has yet to establish a presence in a few Asian markets. FTC: We use income earning auto affiliate links.

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BYD Shark pickup truck to debut in Mexico this month

Teslarati

Chinese automaker BYD plans to debut its new energy pickup truck, Shark, in Mexico this month. The Chinese automaker was initially rumored to unveil it at the Beijing Auto Show in April 2024. The Chinese automaker has been reportedly looking at sites in the area for an electric vehicle manufacturing plant.

Mexico 69
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India becomes South Africa’s top country for vehicle imports

Baua Electric

By: PTI | Updated on: 17 Sep 2024, 08:55 AM India has been the leading source for vehicle imports in South Africa since 2013, driven by small vehicle demand. Tata and Mahindra have established a … India has been the leading source for vehicle imports in South Africa since 2013, driven by small vehicle demand.

India 52
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Zimbabwe lithium miners table refinery plans under govt pressure – ET Auto

Baua Electric

Zimbabwe, Africa’s top producer of lithium, which is used in electric vehicle batteries and to store renewable energy, is prodding miners to refine the mineral locally as it hopes to boost its economy. “We are not going to end on concentrates, we want batteries to be manufactured here,” Kambamura said.

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Europe will miss 2030 chip market goal, says ASML CEO – ET Auto

Baua Electric

Europe will miss its goal of raising its share of the global computer chip market to 20% by 2030 because it is not building manufacturing capacity fast enough, semiconductor equipment maker ASML CEO Peter Wennink said. billion) in 2023, or 29% of its total, compared to around 4% to Europe, the Middle East and Africa.

Europe 52
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China creeps westward: Stellantis partner Leapmotor ships its first batch of EVs from China to Europe – Charged EVs

Baua Electric

In response to the advent of cheap Chinese EVs, the US and EU have instituted various measures to favor domestically manufactured vehicles—including, most recently, steep new tariffs. It remains to be seen what the long-term results of these policies will be, but the westward seepage of Chinese-made vehicles continues.

China 52