🚨EXCLUSIVE: PORSCHES, BENTLEYS & AUDIS CONTAIN BANNED CHINESE PART🚨. 🚘1,000s of cars held at US ports. 🚘Sub-supplier used part from "western China". 🚘US bans imports from Xinjiang/other regions over forced labour . Scoop w/@Dimi & @patricianilsson:

Rather than a tedious valedictory of greatest hits, I want to say thankyou to anyone who followed for your support, wit & insight. Please don’t be offended if I unfollow as I attempt to prune my feed from a firehose of automotive nuggets into something more politically focussed!

@JoeMillerJr @Claire_Bushey @DavidKeo @PatrickMcGee_ @Urbandirt @edwardwhitenz @SarahWhites I am moving to a new FT role as UK Political News Editor & am thrilled to be working with our crack political team @GeorgeWParker, @PickardJE, @LOS_Fisher, @AnnaSophieGross & @rafeuddin_.

One of the greatest things about the FT is its global team. It’s been a privilege to work w/ outstanding reporters, not least @JoeMillerJr, @Claire_Bushey, @DavidKeo, @PatrickMcGee_, @Urbandirt, @edwardwhitenz & @SarahWhites. I’m immensely proud of the work we achieved together.

After more than 8 years covering the global motor industry, I am moving within the FT. It's been a joy to cover such a fascinating & crucial sector. My replacement is @KanaInagaki. I have worked with Kana for many years; she is world class. Coverage could not be in safer hands.

🚨NEW: BYD's plans for European EV dominance🚨. 🚘Aims to be number 1 by 2030 . 🚘"Billions of euros" of investment planned . 🚘Hungary plant to make hybrids as well as EVs. 🚘Sub-$10k Seagull planned . Full story from #FTCar: .

RT @MikeWayland: GM President Mark Reuss (@GMdudeinNA) on re-entering Europe to @Petercampbell1: Treating as a startup; 🚫 market share targ….

🔋NEW: Hyundai will make hybrids as well as EVs in new US plant🔋. 🚘Company has changed thinking on Georgia facility in last "six months", Jose Munoz tells #FTCar. 🚘"Electric is still the future. But now we are seeing a longer transition.". More details:

🔋Mate Rimac will still make engine-powered Bugattis after 2035, he tells #FTCar summit🔋. Hypercar customers still want "Patek Philippe" mechanical engines, he says. New hybrid V16 car - the first from "Bugatti Rimac" - revealed next month. Details:

Full #FTCar story:. 🚘Ford prepared to hold UK sales to hit EV targets . 🚘Ford pushes back 2030 EV target in Europe . 🚘Europe boss calls EV target "irrelevant". From @marinoevik, @KanaInagaki & me:.

🚨NEW: Ford is prepared to restrict UK sales of petrol cars to hit EV targets, EU boss Martin Sander tells #FTCar🚨. 🔋"Only alternative" to selling EVs at loss is to cut petrol sales. 🔋Move will likely see petrol car prices rise. First details:

NEW: Peugeot boss Linda Jackson tells #FTCar the brand is "holding on" in China, but that it is getting "more and more difficult" to compete. Full story from @marinoevik, @KanaInagaki & me:

"We are committed to staying in China, but how to stay in China has drastically changed. it is more of a survival game.”. Full story on Nissan CEO at #FTCar summit here:

RT @ftlive: @toyota_europe @FT @HyundaiEurope @FullyChargedShw @BainandCompany @andrewtghill @Qualcomm @Peugeot @Stellantis Linda Jackson,….

🚨NEW: Makoto Uchida tells #FTCar that Nissan faces "survival game" in China🚨. First details: Speakers today:. 11.15 - Peugeot CEO Linda Jackson.17.30 - UK EV minister Anthony Browne.17.50 - Ford Eu CEO Martin Sander. Livestream:

⚡️Just confirmed: UK Transport Decarbonisation Minister Anthony Browne to speak at #FTCar summit⚡️. 🚘Joins CEOs/execs from VW, Nissan, General Motors, Hyundai, Stellantis and BYD. 🚘Event runs Tuesday-Thursday, in London & on livestream. Tickets here:

🚘Aston Martin shares down 8% this morning. 🚘Cash down from £461m to £395m (despite tripling credit facility to £170m). 🚘Company needs a "faily extreme hockey stick" in second half of the year to hit targets, analysts say. Full @FT story now published:

⚡️NEW: Aston Martin losses rise after massive drop in DBX sales⚡️. 🚘87% increase in pre-tax loss. 🚘63% drop in SUV sales. 🚘£1bn net debt (up from £868mn). First details:

⚡NEW: Car port congestion will get *even worse* as new RORO ships come on stream, biggest shipping line warns⚡. 🚘Car deliveries up 17% in a year . ⛴️"Next big bottleneck will be terminals & distribution". Story from @RKWinvisibleman: .

Can "FSD" save Tesla in China? . "They are betting it is the tech that makes or breaks a purchase decision," one former Tesla exec tells me. After Musk's Baidu deal, @edwardwhitenz & I look at the implications for Tesla & China:

🚨NEXT WEEK: FT FUTURE OF THE CAR SUMMIT 2024🚨. Speakers include: . ⚡️Nissan CEO.⚡️VW CEO.⚡️Peugeot CEO.⚡️General Motors president.⚡️Hyundai president.⚡️BYD Europe CEO.⚡️Mate Rimac.⚡️Lucid CEO.⚡️NIO president.⚡️Ford Eu CEO. Full speaker list & tickets: