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The pen is mightier than the sword - A picture is worth a thousand words
Northvolt's financial collapse deals a blow to Europe's plan to set up its own battery industry to power electric cars, stirring a debate about whether it needs to do more to attract investment as startups struggle to catch up with Chinese rivals.
The reason why BYD went from being a bargain battery maker to Tesla's biggest rival is because of its emphasis on affordability, and to further shake the global EV industry, BYD’s CEO has unveiled a new electric vehicle priced at just 4,999 dollars.
This, in addition to challenging the high cost status quo of electric cars, opens doors for widespread access to eco friendly vehicles like never before.
But how did BYD achieve this shocking price cut, and can this budget friendly car still compete in quality and performance?
Join us as we explore the revolutionary vision behind BYD’s latest offering, examining its impact on the EV market.
Toyota is delaying plans to make electric vehicles in the US until the first half of 2026 due to slowing sales, but the firm will instead ship the premium cars from Japan, according to a Nikkei report.
German carmakers are sinking deeper into a crisis undermining the future of the country’s most important industry, with BMW warning that profits will get hit by a costly brake problem and Volkswagen scrapping 30 years of job protections. Micheal Dean, Bloomberg Intelligence Head of Global Autos joins Bloomberg Intelligence to break down how this will change the car market.