“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 …
“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 …
BYD, the world’s largest electric-vehicle (EV) maker, reported a sharp fall in quarter-on-quarter profit after deliveries slumped by a third amid a bruising discount war in mainland China. Backed by …
Chinese electric vehicle (EV) maker Xpeng has taken a significant step towards tapping the right-hand drive market after forming a partnership with Sime Darby group of Malaysia to distribute its …