Chinese EV company Xpeng shares surge 13% after forecasting growth in car deliveries
BEIJING — Chinese electric car company Xpeng saw its shares soar after reporting an improvement in profit margin and an…
China’s automakers must adapt quickly or lose out on the EV boom in the face of regulatory scrutiny abroad and competition at home
BEIJING — Chinese automakers, including state-owned auto giant GAC Group, can’t afford to take it easy in the country’s electric…
China’s Xiaomi is selling more EVs than expected, raising hopes it can break even sooner
BEIJING — Chinese smartphone company Xiaomi‘s new electric vehicle is selling better than expected, putting it closer to break-even despite…
90% of qualifying electric-vehicle buyers opt for $7,500 ‘new clean vehicle’ tax credit as upfront payment, Treasury says
The bulk of Americans buying qualifying new electric vehicles are opting to receive an associated tax credit upfront from the…
China’s Nio to expand battery swap services to gain an edge on EV infrastructure
BEIJING — Chinese electric car company Nio has been expanding its battery swap partnerships in a bid to gain an…
Xiaomi shares pop 16% after the Chinese smartphone maker launches its first EV
BEIJING — Shares of Chinese smartphone maker Xiaomi surged as much as 16% on Tuesday, the first trading day since…
Xiaomi releases electric car $4K cheaper than Tesla’s Model 3 as price wars heat up
BEIJING — Chinese smartphone company Xiaomi said Thursday it will sell its first car for far less than Tesla’s Model…
