Autos

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…

Warren Buffett-backed BYD announces new shock absorption tech for premium EVs

SHENZHEN, China — Electric vehicle giant BYD is banking on new driver-assist technology to smooth out car rides. BYD, backed…

That $7,500 electric vehicle tax credit may soon be harder to get. Here are 2 workarounds

It may soon be tougher for consumers to get a $7,500 federal tax credit when buying a new electric vehicle,…