market competition
The strategic actions companies take to gain a competitive advantage in the EV sector, including pricing and feature differentiation.
China's electric vehicle market, despite global dominance, faces severe internal challenges including rampant overcapacity and fierce price competition among approximately 50 automakers.
Europe is projected to see battery-electric vehicles dominate new car sales, reaching over 90% by 2035, driven by strong policy mandates and technological advancements.
Hydrogen Fuel Cell Vehicles (HFCVs) face significant barriers to widespread passenger car adoption, primarily due to limited fueling infrastructure and high operational costs.
Electric vehicle manufacturer Rivian has filed a lawsuit against Ohio, challenging a state law that prohibits direct-to-consumer sales for most automakers.
Police have detained a Hithium Energy Storage Technology executive, Feng Dengke, for suspected infringement of business secrets, following a report by rival Contemporary Amperex Technology (CATL).
Volkswagen Group brands, including VW, Skoda, and Cupra, have proactively reduced electric vehicle prices by £1,500 in the UK market.
Chinese EV manufacturers, led by BYD, are implementing aggressive price cuts, with some models seeing discounts of 30% or more, intensifying a domestic price war.
XPeng has unveiled its latest electric SUV, featuring the company's self-developed Turing AI chip, signaling a significant advancement in its autonomous driving capabilities.
The Bangladesh Sustainable and Renewable Energy Association (BSREA) has urged the interim government to reconsider its cancellation of 31 Letters of Intent for solar power projects.
Caresoft's teardown analysis of Chinese electric vehicles reveals aggressive cost-cutting measures, prioritizing efficiency and speed over traditional durability standards.