“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 …
Contemporary Amperex Technology (CATL), the world’s largest electric vehicle (EV) battery manufacturer, will build its first plant in Beijing to tap the rising demand for battery-powered cars in mainland China. …
Gauges of consumer stocks have been the worst performers on the MSCI China Index since the end of September, after the real estate measure. The aggregate market value of companies …
Xpeng and Li Auto, two of China’s leading electric vehicle (EV) makers, are battling for supremacy in the multipurpose vehicle (MPV) segment, targeting wealthy families amid a sluggish market. On …
Good morning! It’s Wednesday, December 6, 2023, and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. Here are …
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 …
Li Auto and Xpeng, two top premium electric vehicle (EV) builders in China, rewrote sales records in November, as their new car models amplified the popularity of battery-powered vehicles. Li …
Huawei Technologies is inviting four additional carmaking partners to join its new smart car joint venture, which it started with Chinese state-owned carmaker Changan Automobile, as the US-sanctioned telecommunications equipment …
Nio, one of China’s top three builders of premium electric vehicles (EV), aims to reduce its workforce by a third by 2027 as it rapidly replaces them with robots. Earlier …
The Guangzhou Auto Show kicked off on Friday, vastly overshadowing the concurrently occurring Los Angeles auto show with a bevy of fascinating new debuts. Easily the coolest one is the …