Xiaomi Car Crash Raises Eyebrows; BYD Surpasses Tesla Again: Top 7 EV Reads

From the tragic automobile accident involving Xiaomi to robust Q1 sales reports from Chinese electric vehicle manufacturers, here are seven electric vehicle stories you might not have noticed.

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1. Xiaomi car accident linked to autonomous driving technology raises worries in China

Xiaomi plans to work with law enforcement following an incident with the autonomous driving system of its SU7 electric vehicle, which resulted in three fatalities. This has raised concerns about the quick spread of self-driving technologies across the country.

2. Ascending to the pinnacle: how China dominates the worldwide autonomous vehicle competition

According to David Zhang, who serves as the general secretary of the International Intelligent Vehicle Engineering Association (IIVEA), Chinese firms lead in autonomous driving technology. These enterprises have invested massive amounts of money—billions of dollars—and hired numerous engineers to study vehicle fleet data and refine algorithms with the aim of decreasing malfunction frequencies.

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3. Leading Chinese electric vehicle manufacturers surge forward due to subsidies and tax benefits.

Top Chinese manufacturers of electric vehicles (EVs) saw robust increases in sales during the initial three months of the year, intensifying their competitive edge over companies producing gasoline-driven automobiles.

4. China plans to clamp down on unjust electric vehicle price reductions to stabilize the sector.

China has committed to enhancing regulation of its electric vehicle (EV) sector to prevent unfair competition and improve the financial health of the entire industry, as only three EV manufacturers are presently turning a profit.

5. BYD surpasses Tesla once more with sales exceeding $100 billion due to rising electric vehicle shipments.

Chinese electric-vehicle manufacturer BYD is achieving fresh sales records in its international competition with Tesla, having taken over as the largest in terms of delivery volumes.

6. EV specialist Xu Fuguo comes back to China after exiting a $30 million initiative in Japan.

A researcher specializing in electric vehicle control systems, Xu Fuguo, has abandoned a prestigious US$30 million (approximately 4.5 billion yen) project funded by the Japanese government and has instead taken up a position at Dalian University of Technology located in northeast China as global rivalry in the electric vehicle industry escalates.

7. The Xpeng CEO claims that the market for flying cars will surpass that of electric vehicles within the next twenty years.

Chinese firms are preparing to reshape the future of transportation by heavily investing in flying vehicles and autonomous taxis due to increasing competition in the globe’s biggest electric car market.

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The article initially appeared on the South China Morning Post (www.scmp.com), which is the premier source for news coverage of China and Asia.

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