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1. BYD plans giant Brazil factory to scale electric bus and truck production
Chinese carmaker BYD plans to build a new factory in Brazil within the next three years after rising demand for electric buses filled its existing production capacity and forced the company to redraw its manufacturing strategy in the country.
2. Beijing approves first L3 autonomous cars in leap towards ‘hands-off’ driving
Beijing has approved China’s first two cars with level 3 (L3) autonomous driving capability, taking a leap towards widely deploying self-driving technology in the world’s largest automotive market.
3. Xpeng steps up ‘go global’ drive with Malaysian assembly hub for Southeast Asia
Chinese EV maker Xpeng plans to establish a production base in Malaysia targeting Southeast Asian customers, in its latest move to expand overseas to improve profitability.