China 📍

China, officially the People’s Republic of China, is a country in East Asia. It is the world’s most populous country, with a population of more than 1.4 billion. China spans five geographical time zones and borders 14 countries, the second most of any country in the world after Russia.

📽️ Videos

What’s Happening in China’s E.V. Market? – The New York Times

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Stock Slide and Slow Sales: What’s Happening in China’s E.V. Market? – The New York Times

By almost every metric, the Chinese carmaker BYD looks unstoppable.

After a decade of struggling to establish itself in the automobile industry, BYD has surpassed Tesla to become the world’s largest electric vehicle manufacturer. The company’s sales are rapidly expanding in Europe and Latin America, and new and potentially lucrative markets like Canada could soon open to it.

But investors are cooling on BYD’s ascent from a little-known battery maker to the top of the automotive world’s fast-growing segment. The company’s stock has fallen roughly 40 percent from its peak last May, making it among the hardest-hit names in a broader sell-off in Chinese E.V. stocks that accelerated last week after companies reported weak sales numbers for January.
Map: Silver Lake

‘This is going to get really ugly’ – POLITICO

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Tariff carve-outs underscore weak US position in China trade war: ‘This is going to get really ugly’ – POLITICO

But to some White House allies, the exceptions are indicative of the relatively weak position the administration is in as it wages a trade war with China, which has spent years making preparations for an escalation with the U.S. on trade. The carve-outs also reveal the conundrum facing the administration: The U.S. is imposing new tariffs on Chinese goods in an attempt to move manufacturing back to the U.S., but those tariffs are particularly painful for U.S. manufacturers because they are currently so dependent on Chinese parts. So far, the U.S. has demonstrated that it is more willing to bend than China is in this burgeoning fight.

BYD unveils new super-charging EV tech, to build charging network in China | Reuters

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BYD unveils new super-charging EV tech, to build charging network in China | Reuters

BEIJING, March 17 (Reuters) - BYD on Monday unveiled a new platform for electric vehicles (EVs) that it said could charge EVs as quickly as it takes to pump gas and announced for the first time that it would build a charging network across China. The so-called "super e-platform" will be capable of peak charging speeds of 1,000 kilowatts (kW), enabling cars that use it to travel 400 km (249 miles) on a 5-minute charge, founder Wang Chuanfu said at an event livestreamed from the company's Shenzhen headquarters.