Automobile
Germany, the European Union’s biggest economy and major car producer, opposed tariffs on Chinese-built electric vehicles (EVs) for obvious reasons. Home to BMW, Volkswagen and Mercedes-Benz, the German automaker will be severely hit with similar tariffs if China retaliates against European auto industry. But the company was fighting a losing battle against its own politicians. […]
... written on Nov 02 2024Europe’s Tariffs On China’s EV Backfires – Volkswagen Closing Factories Before Even Trade War Begins
When China officially connected to the internet on April 20, 1994, it was a huge milestone despite the 64-kilobit special line, which was made possible thanks to the service of U.S. telecommunication company Sprint. Back then, it would be a challenge for tourists to find a decent public toilet. The country was so poor that […]
... written on Sep 16 2024Once considered a luxury, bicycles were introduced in China about 150 years ago. But after a bicycle-manufacturing factory was set up in Tianjin in 1936, it quickly grew to meet the increasing demand. At one time, China was known as the “kingdom of bicycles” because it had a mind-boggling 670 million bicycles – the largest […]
... written on Jun 08 2024Americans can make about 11 gigawatts of solar panels per year, up from 6.4 gigawatts in 2022. In comparison, one Chinese company alone – JinkoSolar – is able to produce 56 gigawatts at its solar panel factory in Shanxi province. China as a whole can make more than 400 gigawatts of new panels every year […]
... written on Apr 11 2024Elon Musk has decided to do what he does best every time the demand for Tesla electric cars plunge – cut prices. With competition heating up over the past year, especially against BYD, a Chinese carmaker which is backed by legendary investor Warren Buffet, Tesla welcomes the New Year 2024 with more price cuts for […]
... written on Jan 19 2024As expected and predicted, Chinese car giant BYD has beaten Tesla for a second straight year as the world’s top seller of electric cars. The sales figures for the final quarter of 2023 showed that the American company produced 494,989 vehicles (delivering only 484,507). However, for the first time, the Chinese company sold 526,409 vehicles (excluding hybrid and commercial […]
... written on Jan 04 2024After an accident, it’s likely your vehicle will need repairs. While those will cost you, the hidden costs of car accidents are far greater than most people imagine. That’s why legal experts urge car accident victims not to take the first settlement they’re offered. Most of the time, those settlement checks do not cover all […]
... written on Oct 14 2023Would anyone believe 5 years ago that China will one day overtake Japan as the world’s top auto exporter? Yet, the country which the West often mocks for producing cheap and low-quality products has evolved at a remarkable rate from being an imitator to an innovator. The so-called copycat is now threatening not only Japan, […]
... written on Sep 27 2023Anwar Ibrahim has been telling everyone in the current six states election campaign about his success in getting electric vehicle company Tesla to set up its headquarters in Selangor, Malaysia. Of course, he did not bluff or lie, and there’s a reason why the prime minister was incredibly proud of his achievement. It will create […]
... written on Jul 31 2023Some 5 years ago, President Donald Trump launched a trade war with China. The goal was to decouple the U.S. economy from China. In 2020, with the U.S. presidential election approaching, Trump again raised the idea of separating the American and Chinese economies. In both 2016 and 2020 campaigns, China became the easy punching bag […]
... written on Jun 02 2023
