Revenue plunged 42.1 per cent on a quarterly basis to 9.9 billion yuan. 02:05 Chinese smart-battery swap stations can change EV batteries automatically Chinese smart-battery swap stations can change EV …
Tesla’s Cybertruck electric vehicle (EV), which is not yet available in mainland China, created a buzz at an industrial show in Shanghai as Chinese consumers remain keenly interested in the …
Chery Automobile, a Chinese state-owned carmaker that ships half of its total output overseas, is keen on adopting solid-state batteries to differentiate its products and accelerate its transition from petrol …
Mahindra & Mahindra Ltd on Wednesday announced that its recently launched compact SUV, the XUV 3XO received over 50,000 bookings within the first 60 minutes. “The Mahindra XUV 3XO has …
Li Auto, mainland China’s nearest rival to Tesla, is giving huge bonuses to its employees after the electric-car maker’s deliveries in 2023 exceeded the target in a highly competitive market. …
“The month-on-month fall in deliveries appears to be bigger than what dealers had expected,” said Zhao Zhen, a sales director with Shanghai-based dealer Wan Zhuo Auto. “Consumers are more cautious …
The Shenzhen-based company said in a filing to the Hong Kong and Shenzhen stock exchanges on Monday evening that its net profit for last year would come in at between …
A strong second half of the year has put Chinese electric vehicle (EV) makers on course to meet an ambitious sales target for 2023 despite a bumpy start, buoyed by …
“In the third quarter of 2023, our business stepped into the initial phase of a virtuous cycle,” He Xiaopeng, co-founder and CEO of Xpeng, said in a statement after the …