News

How 'copycat' phone maker Xiaomi became a force in China's EV market
Xiaomi rapidly became one of the world's biggest phone makers. Then it made an EV that sold fast and outperformed cars made ...
BYD just fired another shot in China's EV price war — and investors are worried
Shares in some of Tesla's biggest Chinese rivals fell on Monday after BYD's price cuts fueled fears over the country's ...
Electrek1h
CATL’s first 100-second swappable EV batteries debut, proving how far ahead China is
The first vehicles with CATL’s new ultra-fast swappable EV batteries are now being delivered in China. CATL’s new “Choco-SEB” ...
China’s Wang Chuanfu Loses $1.8 Billion As Investors Fear EV Price War
Wang Chuanfu, the billionaire cofounder of Chinese electric vehicle giant BYD, saw his wealth drop by $1.8 billion in a ...
Xiaomi reports record first-quarter revenue as it launches new electric SUV
China's Xiaomi on Tuesday reported record first-quarter revenue and profit, as the company said its ongoing shift towards ...
China's EV battery leader surges in world's biggest listing this year
Contemporary Amperex Technology Co. Ltd., or CATL, controls more than a third of the global market for EV batteries and is ...
Could China’s electric carmakers bring on another Evergrande moment?
China’s electric vehicle industry is starting to look a lot like a re-run of the property sector’s disaster that has weighed down its economy for more than four years.
China eyes Africa as it shifts EV gears in face of US, EU tariffs
More Chinese EV makers are launching flagship models and setting up manufacturing plants in key African markets.
China’s $10 EV Battery Could Upend the US Auto Market
Sodium-ion tech is 90% cheaper than lithium and already in 250K vehicles. Could it make U.S. EVs cheaper—and sideline Detroit ...
China auto shares sink after BYD offers trade-in incentives
Shares in Chinese automakers such as BYD, Nio and Geely tumbled on Monday after industry leader BYD offered fresh incentives ...