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 …
By March 2023, Alibaba had lost three quarters of its value from the peak in October 2020, as the e-commerce giant, once seen as China’s answer to Amazon.com, faces questions …
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 …
Li Auto, Tesla’s nearest rival in mainland China, plans to launch a new, more economical model aimed at families amid a price war in the country’s electric vehicle (EV) market. …
Li Auto, Nio and Xpeng, China’s top three premium electric-vehicle (EV) manufacturers, have reported a strong rebound in deliveries in March, after their promotional activities attracted thousands of buyers. BYD, …
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 …
BYD, the world’s largest electric-vehicle (EV) maker, is targeting a 20 per cent increase in sales this year, just a third of last year’s tally, as overcapacity concerns and a …
Chinese smartphone giant Xiaomi on Thursday launched its much-awaited first electric vehicle (EV) – the SU7, short for Speed Ultra – at a venue in Beijing close to its car …
The Shenzhen-based carmaker, which counts Warren Buffett’s Berkshire Hathaway among its shareholders, said revenue climbed 42 per cent to 602.3 billion yuan in 2023 following record deliveries of new energy …