Chinese electric-vehicle (EV) king BYD expects exports to make up about 20 per cent of its global sales this year,…
Read More »discount war
Leapmotor, Xpeng and Galaxy reported sizzling sales, driven by their cheaper models featuring self-driving and in-car entertainment systems similar to…
Read More »Chinese electric vehicle (EV) makers Leapmotor and Xpeng reported record sales last month, spurred by the popularity of their inexpensive…
Read More »Geely Auto, the mainland’s second-largest carmaker, will not build new plants amid excess capacity worldwide, a move that is likely…
Read More »Tesla continued to lose market share on the mainland to its Chinese rivals in February, as sales plunged more than…
Read More »China renewed a trade-in subsidy that spurred electric vehicle (EV) sales last year, keeping the size of the incentive unchanged…
Read More »“Top players have shown their resilience after getting off to a slow start this year,” said Ding Haifeng, a consultant…
Read More »“Time is against many companies since they need to survive a cutthroat price war,” said David Zhang, general secretary of…
Read More »BYD has slashed the prices of its Fang Cheng Bao models as the battle for customers among Chinese electric vehicle…
Read More »Beijing has doubled subsidies granted to electric vehicle (EV) buyers, just three months after it rolled out incentives to accelerate…
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