BYD, the world’s largest electric-vehicle (EV) maker, has launched a new model in India and started construction on a factory in Brazil. The company’s push into potentially huge overseas markets …
The Shanghai-based carmaker expects to hand over 31,000 to 33,000 EVs to mainland Chinese customers between January and March, down 34.1 to 38.1 per cent from the fourth quarter of …
The discount war in China’s electric vehicle (EV) space is picking up pace, with leading players BYD and Xpeng slashing the prices of their bestselling models to cushion falling sales. …
The pure electric version of the C10 starts at 128,800 yuan (US$17,897), 17.3 per cent lower than the presale price of 155,800 yuan in January. It has a driving range …
Slowing growth, intensifying competition and a bruising price war will pile pressure on the 200-plus Chinese electric vehicle (EV) makers this year, with some underachieving players likely buckle and fold. …
New electric vehicle (EV) models with advanced features like augmented reality technology, autonomous-driving capability in urban areas and long driving range are piling the pressure on the laggards in China’s …
The move was announced on Friday by William Li Bin, founder, chairman and chief executive of Nio, who described the lay-offs as “a tough but necessary decision” amid fierce competition …
Within 10 minutes of its promotion’s 8pm start, JD.com’s user orders and overall transaction volume skyrocketed to achieve over four times last year’s figures, the Beijing-based company said in a …