Xiaomi has got off to a racing start in the country’s crowded electric vehicle (EV) market, after saying it sold around 50,000 vehicles within half an hour of the launch …
The Shenzhen-based carmaker, which counts Warren Buffett’s Berkshire Hathaway among its shareholders, said revenue climbed 42 per cent to 602.3 billion yuan in 2023 following record deliveries of new energy …
Almost all EVs will be equipped with smart driving technologies such as autonomous parking and navigation systems by 2029, he said. And by that time, battery-powered vehicles will dominate car …
While China epitomises strategic synergy, the United States is caught in a conundrum of infrastructural challenges and market inertia. The evolution of China’s EV ecosystem showcases how strategic resources, when …
Not content with unseating Tesla as the world’s top-selling electric car maker, BYD has now set its sights on stealing customers from the likes of Toyota Motor and Volkswagen in …
At Apple’s office in Shanghai, Cook on Wednesday met two billionaire company founders: Wang Chuanfu, the chairman and chief executive of the world’s largest electric vehicle maker BYD, and Zhou …
Apple chief executive Tim Cook on Wednesday met Chinese video game developers, a filmmaker and the billionaire founder of BYD in Shanghai, ahead of the company’s new store opening in …
“Since the first quarter of this year, there has been an industry-wide price war, which has been growing increasingly fierce,” He Xiaopeng, chairman and CEO, said during a company conference …
Chinese premium electric-vehicle (EV) maker Xpeng plans to launch a mass-market brand in a month to challenge market leader BYD amid an escalating price war. Models under this new brand …
“BYD appears to be extremely aggressive in driving a transition from petrol cars to EVs in the country’s automotive industry,” said Eric Han, a senior manager at Suolei, an advisory …