This week, some auto industry observers felt a creeping sense of déjà vu. Seemingly out of nowhere, a Chinese firm made international headlines by besting Western companies at the tech they supposedly invented.

BYD’S reliance on financing from working capital has masked surging debt levels at the Chinese electric vehicle (EV) giant, according to calculations from Hong Kong-based GMT Research. Read more at The Business Times.

GEELY AUTO (00175.HK), and SAIC Motor (600104.SH) filed a lawsuit in the EU General Court on Tuesday (21st) to challeng... The three companies face additional tariff rates of 17%, 18.8%, and 35.3% on top of the standard 10% import tariff.

Bernstein analyst Eunice Lee reiterated a Buy rating on BYD Company (BYDDY – Research Report) on January 17 and set a price target of

Although Tesla is an American company, it builds Model 3s in Shanghai and exports them to Europe. According to The Financial Times, Tesla accounted for approximately 28% of all Chinese-made EVs imported to the EU in 2023.

Analyst Eunice Lee of Bernstein reiterated a Buy rating on BYD Co (BYDDF – Research Report), retaining the price target of HK$350.00.Stay Ahead

Chinese EV makers BYD, Geely, and SAIC contested EU's import duties at Court of Justice. Tesla excluded from tariffs, gaining only 7.8% tax.

The European automotive industry faces rising tensions as BMW and Tesla Shanghai file lawsuits against the European Commission

The Kia Stinger looks to be making a dramatic return with the company president admitting work has begun on a high-performance electric sedan to sit at the top of its global range.

Both BMW and Tesla have been hit with tariffs by the EU on imports of electric vehicles made in China, along with other Chinese manufacturers such as BYD and SAIC.

Elon Musk's Tesla has joined forces with three leading Chinese automakers—BYD, SAIC, and Geely—in filing a lawsuit against the EU.

The automaker estimates its struggling China business will cost $5 billion, but it isn't giving up on the country yet.