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Tag: automakers

With EVs, the ‘Detroit of Asia’ wants to be China hedge for automakers

Visitors inspect a Tesla Model Y car during the 40th Thailand International Motor Expo at the Impact Challenger hall in Nonthaburi. Sopa Images | Lightrocket | Getty ImagesTesla has a lot going on. A significant slump in sales, stoking concerns among investors and industry...

China’s automakers must adapt quickly or lose out on the EV boom

Chinese new energy vehicle giant shows off the latest version of its Han electric sedan at the Beijing auto show on April 26, 2024.CNBC | Evelyn ChengBEIJING — Chinese automakers, including state-owned auto giant GAC Group, can't afford to take it easy in...