The BRICS group wrapped up its two-day leaders’ summit in Rio de Janeiro on Monday. The summit’s final communique is a 16,000-word doorstop that covers numerous issues from economics to education.
The communique avoids any direct mention of the United States, and references to “unilateralism” and other coded criticism are also relatively scarce. Rather, the communique keeps the focus on the BRICS’ vision of the strengthening and reform of the global multilateral system ...
Tag: cars
Related Posts
Electric Ambitions: China’s Strategic Focus on Türkiye’s Green Mobility Industry
As global tensions rise over Chinese electric vehicles (EVs), a seismic shift is underway. With the European Union and the United States tightening their stance and slapping tariffs on Chinese-made EVs, China is responding with a bold new strategy: reshoring its industrial muscle to the Global South. ...
The U.S. or China: South Africa May Soon Have to Choose
There is mounting evidence that indicates the United States government may force South Africa to make a once-unthinkable choice: it's either the U.S. or China, but it can't be both. The president addressed the issue this week and said, "the South Africa ...
Move Over Mercedes: Chinese Cars Grab Mexican Market Share
By Yussel Gonzalez The growing popularity of Chinese sport utility vehicles and pickup trucks has shaken up Mexico's luxury car market, hitting sales of traditionally dominant brands such as Mercedes-Benz and BMW. According to industry ...
Climate Change, Economics Muddy West’s Drive to Curb Chinese EVs
By Oliver Hotham and Mary Yang China's meteoric rise as the world's powerhouse of electric vehicle production makes Western efforts to curb their exports a tough sell -- and means they could even stifle the fight against climate change, analysts warn. ...
China’s Global Car “Blitzkrieg”: 6 Million Exports Set to Shake the Auto Industry
Ford Motor CEO Jim Farley recently returned from one of his regular visits to China and warned his team at the company's headquarters in Dearborn, Michigan, that the venerable automaker faces an "existential threat" from Chinese automakers. Farley should be ...
Analysis from Cobus van Staden
Chinese Cars Make Inroads in Latin America
By Paulina Abramovich with AFP offices in Latin America Chilean truck driver Claudio Perez was dubious about his first purchase of a Chinese-made family car two years ago. But the price and quick delivery time convinced him, and now he is ...
Western Tariffs a ‘Challenge’ for China’s Battery Giant CATL
By Agatha Cantrill An executive from China's battery giant CATL said on Thursday that Western tariffs tied to electric vehicles present a "challenge" for the firm and are bad for customers as well. Citing unfair ...
Chinese EV Brands Want to Dominate Global South Auto Markets
Enthusiasm for electric vehicles is waning in both the U.S. and China, but that is definitely not the case in other parts of the world where EV adoption rates are steadily rising. In fact, at the Bangkok Motor Show this week, ...
Chinese Auto Majors See South Africa as a Key Market to Compete Head-On With Global Rivals
South Africa's intensely competitive car market may provide a glimpse into the future of global automotive trade with Chinese brands successfully competing with rivals from the U.S., Germany, Japan, and South Korea. In fact, SA is one of the only markets in the world where a Chinese ...
Chinese Trucks, Buses, Cars, SUVs, Vans… Gas Powered, Electric Powered… You Name It, They’re Coming to Africa
Chinese automakers have set their sights on the Africa market and are moving fast to grab market share from legacy players in the combustion engine side of the business and to snag the first-mover advantage on the EV side as well. ...
Automakers Keen to Reduce Reliance on Cobalt-Powered EV Batteries
Rumors are buzzing within the Chinese auto industry that Tesla is trying for the first time to produce a car without a cobalt-powered battery. Tesla is reportedly considering the use of Chinese EV giant BYD's LFP (Lithium iron phosphate) Blade battery. ...
China’s Once Obscure Auto Brands Are Building a Loyal Following in Critical African Markets
The Haval Jolion's jump to number two in South Africa's SUV market is the latest indication of the growing popularity of Chinese-made vehicles in Africa. Great Wall’s P Series pickup is also now a top-five brand in SA, Africa's largest automotive market.