markets

BYD beats Tesla for a second straight year after producing more than 3 million cars in 2023

BEIJING — BYD produced more than 3 million new energy vehicles in 2023, surpassing Tesla‘s production for a second straight…

From FedEx to airlines, companies are starting to lose their pricing power

After years of unbridled consumer spending on everything from home improvement to dream vacations, some companies are now finding the…

China’s Xiaomi unveils its first EV as it looks to compete with Porsche, Tesla

BEIJING — Chinese consumer electronics company Xiaomi on Thursday detailed plans to enter China’s oversaturated electric vehicle market and compete…