As Tesla dies, BYD soars and XPeng flies
High tech cars, consumption stimulus, Taiwan's China threats, Russia and Iran, etc.
This is The China Week, a succinct roundup of what happened in the world’s other superpower in the last seven days.
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Other things I worked on this week at ChinaFile: Former Chinese Enemies Increasingly Aligned on Taiwan by Chris Horton, and U.S.-Soviet Détente and the Future of U.S.-China Relations by Christopher Chivvis.
—Jeremy Goldkorn
Electric and flying cars
BYD soars and XPeng flies
As Tesla’s stock continues to tank, Chinese electric car giant BYD’s shares hit an all-time high today (March 18) after the company unveiled new technology that it says can give its cars 400 kilometers (about 250 miles) of range in five minutes of charging time. (BYD is listed on the New York Stock Exchange and backed by Warren Buffett.)
Things are looking good for BYD and the rest of China’s electric and smart vehicle industry:
“BYD is more affordable…
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