Business Daily

EVs: China in the driver's seat?

29 snips
Jul 13, 2025
China's electric vehicle brands are speeding ahead in the global market, creating challenges for traditional automakers. The rise of BYD's affordable Dolphin Surf showcases the competitive dynamics at play. As established companies grapple with the influx of low-cost rivals, concerns about security risks and potential hacking arise. Innovations in manufacturing, such as robot-assisted production lines, highlight the industry's shift toward efficiency and adaptability in this rapidly evolving landscape.
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ANECDOTE

BYD's Affordable Dolphin Surf EV

  • BYD's Dolphin Surf, an affordable electric city car, has a sleek design inspired by a seagull.
  • It sells for under $8,000 in China and $23,000 in Europe, still cheap for an EV there.
INSIGHT

China Leads EV Tech Development

  • Chinese companies lead in electric vehicle technology, including software and battery development.
  • They surpass many European, American, and Japanese manufacturers in EV innovation.
INSIGHT

China's Strategic Push in EVs

  • China's government prioritized EV development with programs like Agenda 25, fostering high-tech manufacturing.
  • Diesel scandals and climate change targets accelerated opportunities for Chinese firms internationally.
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