Why it’s hard to find an inexpensive new car these days — just one model has an average price below $20,000
It’s getting harder to find new, cheap cars, according to auto experts. Consider this: In July, just one car model…
Chinese EV startup Xpeng shares soar 13% after announcing $744 million deal with Didi
BEIJING — Chinese electric car company Xpeng said Monday it is buying Didi’s smart electric car development business in an…
China’s EV slowdown drags down Nvidia’s ‘next billion-dollar business’
BEIJING — U.S. chipmaker Nvidia this week soundly beat analysts’ expectations for major revenue lines — except in automotive —…
What new norm of slower Chinese growth could mean for the global economy
The Chinese economy could be facing a prolonged period of lower growth, a prospect which may have global ramifications after…
BYD launches its most direct Tesla competitor yet
BEIJING — Chinese electric car giant BYD is launching a new electric SUV, its most direct competitor yet to Tesla’s…
China’s new EV subsidies might not be enough to bolster slowing growth
BEIJING — Subsidies for electric cars aren’t enough to boost growth in China’s slowing economy. One of the few detailed…
Chinese EV startup Li Auto says car deliveries more than doubled in May
BEIJING — Chinese electric car startup Li Auto said it delivered more than twice as many cars in May versus…
Are gas-powered or electric vehicles a better deal? EVs may win out in long run, experts say
Sales of electric cars are poised for a boom, spurred by factors such as federal policy, technological advances and environmental…
Fewer new cars qualify for $7,500 electric vehicle tax credit. Here are 2 alternatives
The number of new electric vehicles eligible for a $7,500 federal tax credit fell by almost half on Tuesday, as…
Nio says it won’t join the ‘price war’ and slash prices like Tesla
SHANGHAI — Chinese electric car company Nio will keep its prices high rather than cut them, CEO William Li told…
