CHINESE EV MAKERS
Why China's auto, tech giants threaten Tesla's self-driving future
Chinese EV makers, led by BYD, are challenging Tesla in self-driving technology by offering affordable EVs with advanced driver-assistance systems. BYD's "God's Eye" undercuts Tesla's FSD, leveraging lower component costs and government support. Tesla faces challenges in China due to regulations, competition, and a strategic shift towards robotaxis, while Chinese firms gain advantages through scale and data collection.
Trump’s tariff chaos threatens his push for rust belt revival
Donald Trump's trade policies face criticism. These policies may hinder the revival of US manufacturing. Tariffs are creating uncertainty for businesses. Companies are delaying investments due to fluctuating costs. The Midwest region, a manufacturing hub, is particularly anxious. Despite recent job growth, the trade war is casting a shadow. Erratic policy-making is making it difficult for businesses to plan.
BYD unleashes an EV industry reckoning that alarms Beijing
China's electric vehicle sector faces a price war. This situation impacts share prices and prompts government intervention. Overcapacity and weak demand are key factors. Analysts foresee profit decline for major brands. Smaller competitors may exit the market. Authorities urge self-regulation to avoid price cuts. BYD's tactics raise concerns about market dominance. The industry grapples with overcapacity and export challenges.
China rare earth curbs choke India automakers, add to tensions
Indian automakers are facing challenges in importing rare earth magnets from China, leading to potential production disruptions. China has reportedly rejected India-bound shipments while approving those to other countries.
Tesla’s China shipments extend slump, bucking broader sales boom
Tesla faces increasing competition from companies like BYD in Europe.
Tesla is being eaten alive by Chinese rivals it inspired
Tesla's Shanghai factory is experiencing declining output, impacting its market share in China's competitive EV landscape. Rivals like BYD and Xiaomi are gaining ground with innovative and affordable EVs. Despite Tesla's initial catalytic role, it now faces challenges in maintaining its position, with reduced capacity utilization and profit margins, compounded by external factors like political dynamics.
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China's chokehold on rare earths set to suffocate auto industry
The move underscores China's dominance of the critical mineral industry and is seen as leverage by China in its ongoing trade war with US President Donald Trump. Trump has sought to redefine the trading relationship with the US' top economic rival China by imposing steep tariffs on billions of dollars of imported goods in hopes of narrowing a wide trade deficit and bringing back lost manufacturing.
T&M expires, Musk goes back to day job
Elon Musk resumes his role at his tech companies after working with Donald Trump. He criticizes Trump's tax bill, which impacts Tesla's EV subsidies. Tesla faces competition from Chinese EV makers. SpaceX struggles with launches, and Starlink faces European rivals. Musk's government role had limited success in cutting spending. The Trump-Musk partnership shows mixed outcomes for business and government.
Global alarms rise as China's critical mineral export curbs takes hold
Global automakers are raising alarms about China's restrictions on rare earth exports, warning of potential production delays and economic disruptions. Following similar concerns from US and Indian manufacturers, German automakers have joined the chorus, highlighting the critical role of these minerals in various industries.
Big task ahead for Elon Musk: After Canada, Germany, and most of Europe, Tesla sales now tank in Sweden
Tesla's sales are plummeting in Sweden, experiencing a significant 53.7% drop in May, adding to its European decline attributed to consumer backlash against Elon Musk and a prolonged labor strike. The ongoing labor dispute, now Sweden's longest in 80 years, further damages Tesla's reputation.
After Europe, now Tesla's sales crash in Canada's Quebec, Elon Musk's company sold only 524 cars in 3 months
Tesla faces a major sales drop in Canada, especially in Québec. Model Y and Model 3 sales plummeted in the first quarter of 2025. A federal rebate freeze might be the cause. The Canadian government suspended EV incentives. This happened after a surge in Tesla rebate requests. Tesla is also experiencing sales declines in Europe.
Xiaomi reports 47% revenue growth in Q1 as it launches new electric SUV
Xiaomi reported record-high revenue and profit in Q1, driven by its focus on high-end products, including smartphones and home appliances. The company's EV business generated substantial revenue, with SU7 deliveries exceeding expectations, though facing challenges like increased competition and negative publicity. Despite a net loss in the EV sector, Xiaomi's market value has surpassed BYD, reflecting investor confidence.
The hottest jobs 5 years from now? The answers will surprise you
The job market is evolving too fast for five-year career predictions. Experts say AI, climate tech, space tech, and bioengineering will reshape entry-level roles. Skills in data science, automation, IoT, sustainability, and digital transformation will be key across sectors—from agritech and pharma to banking, manufacturing, auto, FMCG, and e-commerce—as new jobs replace older ones.
There are two Chinas, and America must understand both
The American perception of China is divided between two extremes: a global tech and manufacturing powerhouse, and an economy teetering on collapse. Both views reflect real aspects of the country. On one hand, innovative companies like DeepSeek, BYD, and Huawei showcase China's technological prowess. On the other, the nation grapples with weak consumption, high youth unemployment, a housing crisis, and the ongoing impact of the U.S.-China trade war.
Wall St futures soar after US-China agree to pause most of their sharp tariff increases
U.S. futures surged Monday after the U.S. and China announced they were suspending for 90 days most of the sharp tariff hikes each has imposed since U.S. President Donald Trump began escalating his trade war.
Tesla’s China troubles deepen as GigaShanghai sales slump for 7th month straight, hitting lowest levels since COVID lockdowns
Tesla faces challenges in the Chinese market. Sales in China declined in April, marking the seventh consecutive monthly drop. Competition from local brands like BYD, Geely, and SAIC-GM-Wuling is intensifying. Tesla is now fourth in China's New Energy Vehicle production. The company is rumoured to be developing new, more affordable models for the Chinese market.
India sees a future making solar panels for itself, and maybe the world
India is strategically positioning itself as a clean energy manufacturing hub, aiming to reduce reliance on China and capitalize on global supply chain diversification. Driven by domestic demand and government incentives, India is expanding its solar and EV battery production.
DeepSeek, Temu, TikTok- China tech is starting to pull ahead
China is rapidly catching up—and in some areas, surpassing—the US in AI and tech innovation. While America still holds key advantages, it must abandon the assumption of dominance. China's fast diffusion, manufacturing strength, and open-source AI strategy have shifted the race's dynamics, demanding urgent adaptation from the US to stay competitive.
EVs pose threat to manufacturers of engine components, but also open opportunities in advanced tech: Report
A recent report indicates that the electric vehicle transition will significantly reshape the auto component industry, creating opportunities for suppliers while posing risks to those reliant on internal combustion engine parts. Increased demand for EV-specific components and advanced technologies will boost the role of suppliers.
EV, tech shares lift HK stocks to one-month high as trade concerns ease
Hong Kong stocks climbed to nearly a one-month high on Friday as signs of easing Sino-U.S. trade tensions comforted investors, while electronic vehicle (EV) makers rallied on strong sales.
Xiaomi joins China AI game with maiden DeepSeek-like model
Xiaomi has launched its open-source AI model. It joins other Chinese tech giants in this field. The model is named MiMo. It mimics human thinking. Xiaomi claims MiMo outperforms OpenAI and Alibaba platforms in tests. This launch follows Alibaba's new model release. It also comes after DeepSeek's R1 success. Xiaomi aims to develop human-level AI.
JSW MG Motors sets in motion up to $350 million fund raise from PE investors
JSW MG Motor India plans to secure $300-350 million for expansion. The funds will support new models and increased capacity. This follows a financial turnaround and the success of the Windsor EV. JSW MG aims for EVs to constitute 65% of sales by 2025. The company will introduce five new models this year.
Tata Motors' EV journey moving in the right direction: Anand Kulkarni, Chief Products Officer
Tata Motors, holding a significant 38.10% of the Indian EV market as of March 2025, has sold over 2 lakh EVs since February 2025. Here, the company's chief product officer Anand Kulkarni discusses Tata's EV design philosophy, infrastructure roadmap, and future plans, highlighting the shift from converting ICE vehicles to EVs to designing specifically for electric powertrains.
Tariffs are bad for EVs, but some models may have a leg up
President Trump's proposed tariffs on imported auto parts could significantly impact the electric vehicle market. While potentially benefiting some U.S.-made EV models like Tesla's Model Y and Volkswagen's ID.4, the tariffs risk raising prices for all vehicles and hindering EV manufacturing, potentially ceding ground to Chinese automakers.
EVs, tariffs in spotlight as Chinese automakers take leading role at Shanghai auto show
Automakers are showcasing new models at the Shanghai auto show, navigating a complex landscape of trade tensions and fierce competition. Chinese manufacturers are gaining ground both domestically and globally, particularly in the electric vehicle sector, while foreign companies adapt strategies to maintain their presence in the crucial Chinese market.
China EV giant BYD reboots Europe operations after strategic stumbles
BYD has moved swiftly to address these early stumbles in this critical export market, greatly expanding its dealer network and offering hefty pay packages to poach executives from European automakers, especially Stellantis, the executives said.
Mercedes CEO urges EU to find equitable solution to China-made EV tariff dispute
Mercedes-Benz CEO Ola Kallenius is urging the EU to find a fair solution regarding tariffs on Chinese-made EVs, cautioning against using tariffs as the primary tool. He emphasizes the importance of open competition for innovation, as the EU and China discuss potential price commitments to resolve the trade dispute.
Elon Musk's no-show and why India should consider betting on BYD for its EV future
After Elon Musk's abrupt cancellation of his India trip to prioritize a deal in China, India is urged to diversify its EV strategy. The article suggests embracing BYD, a leading Chinese EV manufacturer, to boost India's EV ambitions and address the trade deficit with China.
Tesla nachos can do with India's chip dip
India's burgeoning semiconductor industry, fueled by government incentives and foreign investment, presents an opportune moment for Tesla to diversify its chip supply chain. A partnership could accelerate India's chip production, aiding Tesla's entry into the Indian EV market and supporting global supply chain resilience. This collaboration aligns with India's climate goals and strengthens Indo-US trade relations through strategic investments.
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