sales growth

New Business

From BYD to Nio, Chinese EV makers power ahead thanks to subsidies and tax incentives

Leading Chinese electric-vehicle (EV) makers reported strong sales growth in the first quarter of this year, as they continued to…

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New Business

Chinese EV maker Xpeng trims losses on 23% revenue rise

Chinese electric-vehicle (EV) maker Xpeng said its fourth-quarter loss narrowed from a year earlier, beating a consensus estimate, while its…

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