Latest News: AF Indexes
Data from China's auto association showed output of the older Model Ys was down nearly 18% in March and 33% in April than a year ago, although output of the Model 3 rose
Tesla is reportedly looking to build an alternative supply chain and mitigate any risk of disruptions stemming from China's tensions with the US and Taiwan
The unit had stopped EV production in December 2022, citing a lack of new orders, just a month after it delivered its first batch of EVs
The latest halt in the global risk rally comes on the back of data pointing to lingering inflationary pressures across major economies...
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Nikkei, Hang Seng Slump as Bond Yields, Tech Shares Bite29 May 2024
Stronger than expected consumer confidence data pushed US government bond yields to a near four-week peak, lifting their global counterparts...
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In U-Turn, Elon Musk Says US Tariffs on Chinese EVs ‘Not Good’24 May 2024
Musk’s comments are an about-face from his warning in January that Chinese EV companies will 'demolish' their rivals without trade barriers...
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Apple Offers Big iPhone Discounts in China Amid Sales Slump20 May 2024
The discounts on offer are more substantial than the ones Apple offered in February, which helped perk up the company's shipments in March...
Solid-state batteries hold the promise of improved safety, a longer lifespan and faster charging compared with conventional lithium-ion batteries, but mass adoption remains some way off...
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BYD Promises Driving Range of Over 2000km With New Hybrid Tech29 May 2024
Plug-in hybrids priced from 79,800 yuan ($11,014) have made up the bulk of BYD's sales in the past three years...
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Talk of Auto Deals With China Rises, as EU Tariffs on EVs Loom29 May 2024
Analysts say China is using carrots and sticks to convince key European states to push back against hefty tariffs on Chinese electric vehicles...
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Brazil Now Top Destination For Chinese EVs As Exports Explode28 May 2024
Chinese exports of pure electric and plug-in hybrid cars to Brazil soared 13-fold year-on-year partly due to a drop in shipments to EU on the back of an ongoing anti-subsidy probe...
Chinese premier met South Korea's Yoon and Japan's Kishida in Seoul in a push to revitalise ties, plus talks on a three-party free-trade deal...
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Beckham to be Brand Ambassador as AliExpress Goes Global27 May 2024
Alibaba has signed former England soccer star David Beckham as a salesperson to give its e-commerce site AliExpress a lift; it will also be a sponsor of the UEFA tournament next month...
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Musk Wants a ‘GigaComputer’ For xAI ChatBot: The Information26 May 2024
Entrepreneur plans to build a supercomputer "four times as powerful than the GPU clusters that exist today", to drive a smarter version of his AI chatbot Grok...
US electric vehicle maker plans to register the latest software and may sell it as a monthly subscription to users of its cars in China...
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After Much Planning, China’s EV Makers Set to Storm Europe30 May 2024
Chinese carmakers' tactics to break into Europe include making cars in the EU, sponsoring events to raise brand awareness, setting up dealership networks, plus service-and-repair operations...
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Stellantis CEO Calls China EV Tariffs a ‘Trap’. He May Be Right22 May 2024
Europe and the United States are on track to step up levies on imports of Chinese EVs in coming weeks, but those levies could fuel inflation, put climate goals at risk and lead to retaliation from Beijing...
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