China’s April car sales swing to contraction despite NEV milestone
China car sales at home down as exports surge to a record high amid domestic price war on EVs.
Chinese EV maker Zeekr prices US IPO at top of range to raise $441 million, source says
The strong demand for Zeekr’s IPO comes against a backdrop of a fierce EV price war in China that has undercut profits, leaving...
China’s BYD will consider second Europe plant in 2025, exec says
As Xi Jinping wraps up European tour, leading Chinese EV maker BYD says second European plant under consideration.
Nissan annual net profit nearly doubles on-year
Japanese automaker forecasts a dip of 10% for the current financial year despite bumper profits driven by rising demand across markets.
Global car giants seek tech allies in China’s cutthroat EV market
Struggling foreign automakers in China are looking for help from local tech giants to try to stay competitive in the world's biggest EV...
Chinese EV makers’ plans to make cars in Europe
Chinese carmakers are looking to manufacture in Europe as they aim to ramp up sales of lower costs cars to rival their European...
China’s BYD to launch first pick up truck at event in Mexico
China's EV giant BYD said Tuesday it will hold the global launch of its first pick up truck, the BYD Shark, at an...
Tesla’s China-made EV sales fall 18% y/y in April
BEIJING (Reuters) – U.S. automaker Tesla sold 62,167 China-made electric vehicles in April, down 18% from a year earlier, lagging the broader market’s...
China’s Nio turns to rival BYD to power new EV brand, sources say
China electric vehicle maker Nio has struck a deal with larger rival BYD to source batteries for an EV brand priced at a...
China’s Xi in Paris to meet Macron, EV exports talks planned
President Macron urged China's President Xi Jinping to ensure more balanced trade at the start of a visit to Paris by the Chinese...
