Xpeng Inc

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…

China’s EV players ramp up competition with Tesla using new tech

BEIJING — Hot competition in China’s electric car market is pushing local automakers to sell vehicles with fancy tech that…

BYD’s five best-selling cars, including one edging out Tesla’s Model Y in China

BEIJING — BYD has overtaken Tesla again by the sheer number of new energy vehicles produced in 2023, thanks in…

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…

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…