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NIO Gets Regulatory Approval to Build Third Factory in China
Zacks via Yahoo Finance· 2 days agoPer the data from China Merchants Bank International, factory utilization rates of major China-based...
Tesla Rivals In China Grow EV Sales But 'Constant' Price Cuts Seen Eroding Profits
Investor's Business Daily· 5 days agoPlug-in hybrid sales are surging in both the U.S. and Chinese markets. Though plug-ins are powering ...
Porsche and Ferrari sales slump in China as car buyers flock to EVs instead
Fortune via AOL· 2 days agoAbout 1.03 million EVs were sold in China in the first quarter, which marked a slowdown from...
Petrol-powered rivals beware as China’s BYD rolls out new fuel-efficient tech
South China Morning Post· 5 days agoBacked by Warren Buffett’s Berkshire Hathaway, Shenzhen-based BYD is viewed as a game changer in the...
BYD founder says Europe, U.S. fearful of Chinese EVs
Automotive News· 23 hours agoChina has hinted it will retaliate with its own 25 percent tariffs, as trade tensions continue to escalate. EVs made by Chinese brands like MG and BYD accounted for just under ...
Tesla's China-made EV sales extend decline in May amid output cut
Reuters via Yahoo Finance· 4 days agoDeliveries of China-made Model 3 and Model Y vehicles were up 16.7% from April. Chinese rival BYD,...
China Is No Longer an Open Road for German Carmakers
The Wall Street Journal· 3 days agoGermany’s luxury automakers from BMW to Mercedes-Benz used to rule China’s streets. A recent dispute between Porsche and its dealers in China has shed...
Best China Stocks: Tesla Rival Leads Five Stocks Near Buy Points
Investor's Business Daily· 2 days agoIt's benefitted from a travel boom after China's long Covid restrictions were lifted in late 2022....
BYD achieves second highest sales record in May
CBT News· 4 days agoChina’s leading electric vehicle (EV) maker, BYD, nearly set a new sales record in May, driven by aggressive price cuts and continued growth in new...
Exclusive-EV maker Nio gets regulatory nod for third factory in China, sources say
Reuters via Yahoo Finance· 3 days agoElectric vehicle maker Nio has won approval to build a third factory in China that would boost its...
