South Korea will extend the consumption tax reduction policy for passenger cars for six months.

Chassis Supply Chain's "iPhone Moment": China's Tier 1 Shift as LeeKr Emerges

Over the past decade, China's electric vehicle (EV) industry has evolved from a niche experiment into a leading force in the global automotive landscape. In the first ten months of 2025, China exported over 2 million EVs, nearly double the year-earlier figure. From European city streets to Southeast Asian highways and Latin American urban centers, Chinese EVs have emerged as one of the most prominent symbols of a new era of “Made in China.”

Unpacking China | Key Chinese Firms to Watch This Week （12/04/2026-17/04/2026）

Amid fast-paced changes that fill the business community with excitement, angst and trepidation, EqualOcean will publish a series of roundup articles to document the major events related to Chinese companies going global every week.

Chinese EV leader BYD (比亚迪) South Africa avoids price war, focusing on long-term brand value via differentiation

On April 15, Steve Chang, Managing Director of BYD South Africa, stated at the launch of the ATTO 8 in Johannesburg that the company will firmly avoid frequent price cuts despite intensifying competition. While many new Chinese NEV entrants are relying on deep launch discounts to gain market share, BYD is pursuing a more patient brand-building path centered on "price parity."

EqualOcean｜China's Top 20 ESG Performers Among Private Enterprises（Part I）

Private enterprises are actively embracing the transformative era

Chery, Arcfox Joins in Chinese NEVs' Prices Hikes

The trend is likely to last to August this year.