Thursday, 19 September 2024

Focus on Nio Inc.

FILE PHOTO: Security guards stand at the BYD booth at the Auto Shanghai show, in Shanghai, China April 19, 2023. REUTERS/Aly Song/File Photo
AutomotiveBusinessElectric VehiclesNewsTransport

Chinese car sales fall for fifth straight month

Subsidies for petrol-powered vehicles help boost EVs in China car sales even as overall picture continues slump.

FILE PHOTO: FILE PHOTO: The Tesla logo is seen on a car in Los Angeles, California, U.S., July 9, 2020.  REUTERS/Lucy Nicholson/File Photo/File Photo
BusinessElectric VehiclesManufacturingNewsPolitics

Tesla plans six-seat Model Y, production slated for 2025 in China, sources say

Tesla has asked suppliers to prepare accordingly for a double-digit increase of Model Y output at its Shanghai factory, said one of the...

FILE PHOTO: A logo of XPeng is seen on the electric flying car XPeng Voyager X2 by XPeng AeroHT, before a demonstration flight in Beijing, China June 18, 2024. REUTERS/Tingshu Wang/File Photo
AutomotiveBusinessElectric VehiclesNewsTradeTransport

XPeng projects lower-than-expected quarterly revenue

Tough competition in the EV market and increased EU tariffs on Chinese-made vehicles lead to lower XPeng revenue forecasts.

An Audi Q6L e-tron electric vehicle (EV) is showcased at a Volkswagen media event in Beijing, China April 24, 2024. REUTERS/Josh Arslan
News

Audi’s new China EV series won’t have four-ring logo, sources say

Chinese Audi EV series developed with local suppliers and technologies unlikely to carry usual branding for the German marque.

FILE PHOTO: A staff member hands an umbrella to a man outside a store of Chinese electric vehicle (EV) maker Nio at the company's manufacturing base in Hefei, Anhui province, China June 28, 2024. REUTERS/Ellen Zhang/FIle Photo
AutomotiveBusinessElectric VehiclesLabourNewsTransport

Nio CFO Feng steps down, EV maker appoints insider as successor

EV maker Nio said on Friday Steven Wei Feng has stepped down as its CFO, effective immediately, citing personal reasons

FILE PHOTO: A general view of visitors looking at models from BYD, a Chinese automobile manufacturer, during an event a day ahead of the official opening of the 2023 Munich Auto Show IAA Mobility, in Munich, Germany, September 4, 2023. REUTERS/Leonhard Simon/File Photo
AutomotiveBusinessClimateEconomyElectric VehiclesIndustryManufacturingNewsPoliticsTrade

China steps up pressure with EU brandy probe hearing as EV tariffs begin

China has repeatedly called on the European Union to cancel its tariffs, expressing a willingness to negotiate.

China has spearheaded a targeted industrial strategy to boost its EV sector, pouring vast state funds into domestic firms (AFP)
AnalysisBusinessElectric VehiclesFinanceIn-DepthPoliticsTrade

Why are Chinese EVs facing EU scrutiny and tariffs?

Beijing has yet to react but a Chinese trade group condemned the bloc's "protectionism".

FILE PHOTO: A drone view shows BYD electric vehicles (EV) before being loaded onto the "BYD Explorer No.1" roll-on, roll-off vehicle carrier for export to Brazil, at the port of Lianyungang in Jiangsu province, China April 25, 2024. China Daily via REUTERS/File Photo
AutomotiveElectric VehiclesNewsPoliticsRegulationsTradeTransport

Four-month window for EU-China talks before EV tariffs become permanent

There is a four-month window during which the tariffs are provisional and intensive talks are expected to continue between the two sides.

FILE PHOTO: A view shows a car logo of Chinese automobile manufacturer Chery at a dealership in Vladivostok, Russia, March 22, 2023. REUTERS/Tatiana Meel/File Photo
AutomotiveBusinessElectric VehiclesNewsPoliticsRegulationsTradeTransport

Carmakers respond to EU tariffs on Chinese-made EVs

With the EU extra duties on Chinese-made EVs expected to take effect on Thursday, some carmakers have decided on counter measures

FILE PHOTO: A person walks next to BYD Seal car in a BYD Auto company and Autotorino store in Milan, Italy, March 20, 2024. REUTERS/Claudia Greco/File Photo
BusinessElectric VehiclesFinanceNews

China’s BYD posts 21% jump in quarterly EV sales, closes gap with Tesla

BEIJING (Reuters) -China’s BYD posted a 21% rise in second-quarter electric vehicle sales, closing the gap with Tesla after handing back the world’s...

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