BYD just fired another shot in China's EV price war
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Xiaomi rapidly became one of the world's biggest phone makers. Then it made an EV that sold fast and outperformed cars made by veterans, including Porsche and Tesla. American automakers like Rivian and Ford have noticed.
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24/7 Wall St. on MSNChinese EV Price Cuts Aim to Cripple TeslaMajor Chinese electric vehicle (EV) makers have cut prices on new models by as much as 34%. Tesla may have to match these cuts to keep its market share.
The first vehicles with CATL’s new ultra-fast swappable EV batteries are now being delivered in China. CATL’s new “Choco-SEB”
China's Xiaomi on Tuesday reported record first-quarter revenue and profit, as the company said its ongoing shift towards higher-end products from smartphones to home appliances was already paying off.
China’s electric vehicle industry is starting to look a lot like a re-run of the property sector’s disaster that has weighed down its economy for more than four years.
Chinese consumer electronics giant Xiaomi has launched a new electric SUV and debuted a self-designed smartphone chip, in a push to expand beyond its roots in budget devices.
More Chinese EV makers are launching flagship models and setting up manufacturing plants in key African markets.
Shares in Chinese automakers such as BYD, Nio and Geely tumbled on Monday after industry leader BYD offered fresh incentives on over 20 models and the CEO of Great Wall Motors warned that the world's largest auto industry was in an unhealthy state.