Xpeng

New Business

BYD ramps up showroom openings, targets production in Europe to offset slowdown in China

The Shenzhen-based company, which counts Warren Buffett’s Berkshire Hathaway as a minority shareholder, plans to operate 2,000 outlets across the…

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New Business

Chinese EV makers’ budget-friendly models power sales in August

Leapmotor, Xpeng and Galaxy reported sizzling sales, driven by their cheaper models featuring self-driving and in-car entertainment systems similar to…

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New Business

Chinese carmakers gear up for Munich show as EV competition heats up at home

China’s carmakers are readying a new crop of hybrid and electric vehicles (EVs) for Europe, using next week’s Munich car…

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New Business

Tesla cuts price of new Model 3 in China as moment of truth nears for variant strategy

The US carmaker said on Monday that it would price the Shanghai-made car, which boasts a driving range of 830km,…

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New Business

Leapmotor’s stock and sales soar to become a new challenger in China’s booming EV market

Zhejiang Leapmotor Technology, once a fringe player in China’s electric vehicle (EV) industry, is beating all its start-up rivals by…

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New Business

Temasek fine tunes Chinese stock portfolio as PIF exits Alibaba in sovereign fund tweaks

Two of the world’s largest sovereign wealth funds have adjusted their stakes in Chinese equities, trimming their exposure to technology…

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New Business

Chinese EV makers’ July sales dip 5% as narrower discounts cool vehicle buyers’ ardour

Electric vehicle (EV) sales in mainland China hit a speed bump last month, sparking worries about the industry’s growth momentum…

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New Business

Tesla EV shipments slip from China factory as drivers choose cheaper local options

Deliveries by Tesla’s Shanghai Gigafactory dropped in July as the US maker of electric vehicles (EVs) failed to sustain sales…

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New Business

Leapmotor, Xpeng report record July sales as their cheaper EVs appeal to Chinese consumers

Chinese electric vehicle (EV) makers Leapmotor and Xpeng reported record sales last month, spurred by the popularity of their inexpensive…

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New Business

BYD outsells Tesla’s EVs in Hong Kong, in a milestone win for the right-hand drive market

BYD scored the most new electric vehicle (EV) registrations in Hong Kong in the first half of 2025, beating Tesla…

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