Chinese carmakers
Coverage of Chinese carmakers in the Nexus archive.
- Lower profit margins set to foil Chinese carmakers’ price war plans despite falling sales
Chinese carmakers are experiencing narrowing profit margins due to higher raw material costs and shrinking market demand, exacerbated by the rollback of purchase subsidies and tax incentives. This challenges their ability to offer price cuts despite efforts to reduce inventory, potentially dashing consumer hopes for discounts.
- Lower profit margins set to foil Chinese carmakers’ price war plans despite falling sales
Chinese carmakers face narrowing profit margins due to higher raw material costs and shrinking market demand amid the rollback of purchase subsidies and tax incentives. This challenges their ability to offer price cuts despite inventory reduction efforts, dampening consumer hopes for discounts.
- ‘Made in EU’: How Europe plans to use China’s tech to pull level with its EV rival by 2028
European policymakers aim to use China's technology to catch up with Chinese electric vehicle (EV) manufacturers by 2028, as affordable Chinese cars threaten Europe's automotive industry, which supports over 13 million jobs across the EU.
- Why ‘reverse tech transfer’ from China remains a non-starter in the US auto industry
Western carmakers previously accused China of forcing technology handovers for market access, but now Chinese automakers are dominating global EV markets. Countries like Canada and EU members are pursuing 'reverse tech transfer' by seeking Chinese investment, while the US remains uninvolved.
- China’s carmakers are rewriting Europe’s auto hierarchy as Japanese rivals lose ground
Chinese carmakers are gaining market share in Western Europe from Japanese rivals, reducing Japan's share to its lowest level in four decades. European tariff policy uncertainties could impact Chinese exports, while Chinese electric vehicle manufacturers are boosting overseas sales amid weak domestic demand and Beijing's anti-competitive measures.
- Chinese carmakers’ hunger for chips boosts national self-reliance drive
Chinese electric vehicle manufacturers, including global leader BYD, are increasing their use of domestically developed semiconductors. This shift aligns with a national effort to enhance self-reliance in critical technologies.
- As Chinese EVs expand global footprint, banks raise export forecasts
Chinese electric vehicle (EV) manufacturers are strengthening their global market presence, leading international banks like Goldman Sachs to increase export forecasts. Rising overseas shipments are offsetting domestic sales declines for companies such as BYD and Xpeng.
- Chinese carmakers ‘knocking at US gate’ from Mexico and Canada
Chinese carmakers are expanding into the US market via Mexico and Canada, with Beijing-subsidised vehicles becoming a contentious issue in North American trade relations.
- Chinese car sales accelerate in Europe as Brussels weighs putting on the brakes
Chinese carmakers accelerated sales in Europe last month, with Geely Group ranking eighth among all manufacturers in May. Brussels is considering fresh tariffs to slow their expansion, according to industry data from the European Automobile Manufacturers Association (ACEA).
- EV prices in UK and EU not likely to dive due to Chinese rivalry, says Xpeng boss
Xpeng vice-chair Brian Gu states that Chinese electric vehicle manufacturers in the UK and EU are likely to compete on quality rather than initiating a price war, contrary to expectations of sharply falling EV prices.