Tesla’s Chinese rival Nio cuts price for new Onvo-branded car
Chinese electric car company Nio launched its lower-cost brand Onvo on Wednesday, May 15, 2024, in Shanghai, China. CNBC | Evelyn Cheng HEFEI, China — … Read more
Nio Inc
WeRide expands globally as transportation industry adopts AI
BEIJING, CHINA – JULY 11: People take photos of WeRide Robobus, a fully-driverless shuttle capable of SAE Level 4 autonomous driving, at Beijing High-level Autonomous … Read more
RYAAY, CRWD, IQVIA and more
Check out the companies making headlines in midday trading: Ryanair — Shares fell 16% after the budget airline reported weaker-than-expected fiscal first-quarter earnings . The … Read more
Foreign carmakers in China face ‘increasingly precarious’ situation
Newly produced electric vehicles are being seen at Tesla’s Shanghai Gigafactory in Shanghai, China, on December 31, 2023. Costfoto | Nurphoto | Getty Images BEIJING … Read more
China EVs hit with EU tariffs; Nio says it may have to raise prices
The European Union on Thursday confirmed its decision to hike tariffs on electric vehicles imported from China — with one automaker issuing fresh warnings that … Read more
Chinese EV companies Zeekr and Nio report record deliveries in June
Geely’s SEA architecture for cars allows vehicles of different sizes to be manufactured at the same factory. CNBC | Evelyn Cheng BEIJING — Chinese electric … Read more
Chinese automakers expected to achieve 33% global market share by 2030
GUANGZHOU, CHINA – NOVEMBER 17: A GAC Aion Hyper SSR electric sports car is on display during the Auto Guangzhou 2023 at China Import & … Read more
China spent $230 billion to build its electric car industry, CSIS says
Workers assemble a Wuling Hongguang Mini EV, an all-electric microcar manufactured by SAIC-GM-Wuling, at a plant of the joint automaker in Qingdao in east Chinas … Read more