Baidu’s robotaxi unit is exploring expansion into global markets in the ‘near future’
Chinese tech company Baidu announced Monday it can sell some robotaxi rides without any human staff in the vehicles. Baidu…
China’s electric car race is becoming more about chip prowess as companies focus on tech
BEIJING — Chinese electric car companies that are already engaged in an intense price war are turning up the heat…
Xpeng releases mass-market EV with basic driver-assist for less than $20,000
BEIJING — Chinese electric car company Xpeng on Tuesday announced that its mass-market brand Mona will start selling some models…
Volkswagen China is spending lots of time at Xpeng to make new EVs
BEIJING — Hundreds of Volkswagen staff are spending time at Xpeng as the German auto giant and Chinese startup work…
Berkshire’s mounting cash pile could top $200 billion as Buffett continues selling stock
Berkshire Hathaway‘s highly scrutinized cash pile could top $200 billion — more than the entire annual gross domestic product of…
Chinese EV startups are spending more on research than Tesla is
BEIJING – U.S.-listed Chinese electric car companies are spending more on research as a ratio to sales than Tesla, according…
China hopes to reach a solution with the EU on EV tariffs ‘as soon as possible’
BEIJING — China hopes to reach an agreement with the European Union soon on the bloc’s planned tariffs for imported…
Warren Buffett’s Berkshire Hathaway trims its stake in Chinese EV maker BYD to 6.9%
Berkshire Hathaway, an early investor in BYD thanks to the late Charlie Munger, continued to trim its massive stake in…
