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Electric vehicle giant BYD predicts 80% of China car sales will soon be electric
At a time when electric vehicle sales growth in China has been slowing, BYD expects the country's EV market to expand — quite in contrast to smaller rival Nio that recently said the industry's "golden era" was over. "With all the innovation technology introduced to the market, China's market very quickly will push to ... close to 80% in EV penetration," BYD's Executive Vice President Stella Li told CNBC's Arjun Kharpal on Monday. Thanks to state support and a flood of car options, the...
Pentagon blacklists China tech giants as US competition expands
The Pentagon added tech giants Alibaba and Baidu and carmaker BYD to a blacklist of Chinese companies with military ties amid widening competition between the world’s two largest economies. Drug maker WuXi AppTec, robot company Unitree and carmaker Nio were among other businesses added to the 1260H list, according to a US Department of Defence notice. Some Chinese companies no longer operating in the United States were removed in the annual update.
Premium plan: China’s EV makers pin hopes on high-end models to buttress margins
Chinese electric vehicle (EV) makers are speeding up their pivot to the premium segment, where they hope to secure higher profit margins and dodge the cutthroat market’s most vicious price competition. New models launched by carmakers including Nio and Seres also mount a challenge to Tesla’s bestselling Model Y in the world’s largest EV market. “Intensified efforts to gain ascendancy in the premium segment show the carmakers’ confidence in their technologies,” said Chen Jinzhu, CEO of...
CNBC's The China Connection newsletter: China learns to build without Nvidia
Hi, this is Evelyn, writing to you from Beijing. Welcome to the latest edition of The China Connection — a succinct snapshot of what I'm seeing and hearing from local businesses. China's tech self-sufficiency push is rapidly becoming a reality as companies focus on business questions that run deeper than geopolitics.
Tesla's China-made EV sales jump nearly 40% in May as domestic market rebounds
Sales of Tesla's China-made electric vehicle rose by nearly 40% in May amid a broader recovery in the country's EV market. The automaker in May delivered 85,982 new energy vehicle units from its Shanghai Gigafactory — where it produces Model 3 and Model Y units for China and several overseas markets — according to preliminary data published Tuesday by the China Passenger Car Association. That's a 39.4% year-on-year increase over the same period in 2025.
Correlative Microstructural Analysis of a Weathered Nantan Meteorite Fragment
arXiv:2604.14187v3 Announce Type: replace Abstract: The weathering of iron-rich phases within meteorites is a process that significantly alters the microstructure and chemical composition based on the environmental conditions at the location of landing and exposure time since fall. This work investigates the resulting phases in a correlative and comparative manner using a Nantan meteorite fragment. Techniques including X-ray Photoelectron Spectroscopy, Energy Dispersive X-ray Spectroscopy,...
'I thought my son injured himself playing sports - the reality was so much worse'
EXCLUSIVE: 'I thought my son injured himself playing sports - the reality was so much worse' The devastated parents of a 10-year-old basketball fanatic have opened up about the nightmare moment that their son's leg pain turned out to be a rare and aggressive bone cancer Proud parents Itay and Zia Zilkha loved watching their 10-year-old son Zeve, thrive as he played basketball and dreamed of making it to the NBA. But when the active youngster started complaining of leg pains, his family...
US adds Alibaba, BYD and other Chinese tech champions to military company blacklist
Advertisement DevelopingUS adds Alibaba, BYD and other Chinese tech champions to military company blacklist Trump administration has designated top China firms as ‘Chinese military companies’ operating in the United States 3-MIN READ3-MIN 8 Listen The Pentagon has added Alibaba, BYD, Baidu and dozens of other Chinese companies to its list of entities it says are linked to China’s military, widening a blacklist that increasingly targets sectors at the heart of US-China technological...