Foreign carmakers in China, Foxconn’s EV push, Tesla in India: 7 EV reads

Foreign carmakers in China are expected to face increasing challenges this year as a fierce price war intensifies. This prediction comes as Foxconn expands into the EV sector and a Chinese trade group seeks automotive cooperation with Germany, highlighting shifts in the global automotive landscape.

Foxconn has commenced building a global headquarters for its New Business Development Group, signaling its diversification into EVs, batteries, semiconductors, and robots. Meanwhile, a Chinese trade delegation is engaging with Germany to explore collaboration in the automotive industry, navigating challenges such as US tariff threats and anti-subsidy disputes.

via SCMP Full Text Feed
 
 
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