“Time is against many companies since they need to survive a cutthroat price war,” said David Zhang, general secretary of the International Intelligent Vehicle Engineering Association. “When they run out …
Chinese electric vehicle (EV) maker Xpeng expects its deliveries to jump in the third quarter, as its CEO said past technology investments are paying off amid a rising penchant for …
“This is not a good sign for Chinese automotive companies as we accelerate our pace of going global.” China is the world’s largest automotive and EV market, with nearly four …
Autonomous driving is currently not a priority for Chinese EV buyers, so Tesla’s FSD is unlikely to shake up the industry because local rivals have started to offer similar technologies, …
“The concept of ‘FlashBot’ is akin to a ‘power bank’ for smartphones, and it offers a solution to the existing gap in the charging infrastructure,” said Tang Rui, CEO and …
India’s rapidly growing auto market is poised to hit a milestone, with projections indicating it will reach USD 300 billion by 2026. This growth is fueled by various factors, including …
Li Auto, one of Tesla’s closest rivals in mainland China, has priced its new mid-size SUV more than 5 per cent cheaper than the US carmaker’s bestselling Model Y, as …
In stark contrast to Apple’s failed car dreams, Xiaomi and Huawei Technologies are demonstrating early success in transferring their smartphone prowess into the crowded EV market, where rampant price competition …
Tesla raised the price of its Shanghai-made Model Y cars on Monday, bucking the trend set by a discount war that is squeezing the profit margins of most of its …
Boosted by strong electric vehicle sales, Chinese car makers will be in the spotlight at the Bangkok International Motor Show this week, underscoring the growing challenge to Japanese auto giants …