Good morning! It’s Monday, December 18, 2023, and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. Here are …
CYVN Holdings, an investment fund controlled by the Abu Dhabi Investment Authority (ADIA), has invested US$2.2 billion in Nio, making it the first Middle East investor to take a substantial …
The FII Institute will host the FII Priority Asia Summit in Hong Kong on December 7 and 8. Chief Executive John Lee Ka-chiu will attend the opening ceremony, while Financial …
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 …
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 …
New launches by BYD, the world’s largest electric vehicle (EV) maker, targeting established models by Tesla, leader in China’s premium EV segment, are expected to intensify competition in the world’s …
Li Auto, Tesla’s closest rival in mainland China, unveiled its first multipurpose vehicle (MPV) on Friday, as the electric vehicle (EV) maker looks to expand its customer base in the …
New models introduced by technology firms are redrawing China’s electric vehicle (EV) landscape, as premium cars with cutting-edge digital features such as automation lure mainland Chinese drivers away from segment …
“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 …
Zeekr Intelligent Technology Holding, an electric vehicle (EV) unit of Geely Auto, is revving up for an initial public offering (IPO) in the US after it made public listing documents …