Volkswagen
Would 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 2023Long before BYD – “Build Your Dream” – produced Seagull, the cheapest EV (electric vehicle) at just US$11,000 (£8,855; RM48,813), China has been churning out thousands of chemists and engineers to do research on future batteries. Deep in the country’s interior, Central South University produces graduates in advance technology, despite the perception that China was […]
... written on May 11 2023Costing just US$11,000 (£8,855; RM48,813), BYD Auto Co has just unveiled the “Seagull” – the cheapest EV (electric vehicle) – at the Shanghai Motor Show. The Chinese automaker headquartered in Xi’an is known for its models based on sea-animals (Seal and Dolphin), Chinese imperial dynasties (Han, Tang, Yuan and Song) and warships (Frigate and Destroyer). […]
... written on Apr 24 2023Business Comes First – Chancellor Scholz’s Visit To Beijing Shows Germany Needs China More Than Ever
German Chancellor Olaf Scholz’s official visit to Beijing on Friday (Nov 4) marked the first time a leader of the Group of Seven (G7) nations rubbed shoulders with Chinese President Xi Jinping after the 20th National Congress of the Communist Party. His arrival was also the first by a leader of the G7 since the start […]
... written on Nov 05 2022China has a huge problem – US$3.2 trillion foreign exchange reserve – the world’s largest reserves. In comparison, Japan, the country with the second largest foreign reserves, has only US$1.4 trillion (as of Feb 2022). China’s foreign assets included more than US$1 trillion in U.S. bonds and huge amounts of real estate, especially hotels and […]
... written on May 06 2022Volvo is set to reveal a new electric car today (2 March). The new 40-series compact model – C40 Recharge – will be the Swedish brand’s second electric car after it launched its first fully electric car, the XC40 Recharge EV, last year. The second electric vehicle will be based on the same Compact Modular […]
... written on Mar 02 2021Donald Trump had fought fiercely trying to bring China to its knee. But after close to 3 years since the U.S. president started the trade war in March 2018, the dragon is still standing tall – alive and kicking with a smile. Trump’s famous tweet – “trade wars are good, and easy to win” – […]
... written on Jan 15 2021Mahathir is throwing tantrums again. Like a spoiled little brat, he wants his toy come rain or shine. Until his wish to start a third national car is granted, the 93-year-old prime minister is going to criticise, even insult, the people for being short-sighted. And he has just mocked and insulted the Malaysians – “If […]
... written on Aug 25 2018Enzo Ferrari was not initially interested in the idea of producing road cars when he formed Scuderia Ferrari in 1929. The Scuderia Ferrari, however, was founded as an Alfa Romeo racing team. It would take another 10 years before Ferrari becoming independent in 1939. Hence, before Ferrari, the brand Alfa Romeo was already involved in car racing […]
... written on Aug 19 2018European Union (EU) had a trade surplus of 120 billion Euros (US$139.6 billion) with the U.S. in 2017. The most exported product from the EU to the U.S. is cars. Hence, Trump doesn’t need to become a rocket scientist to know where to hit the Europe. When the U.S. president threatened to target European cars with […]
... written on Jul 05 2018
