Chinese automakers and shippers are ordering a record number of car-carrying vessels to support an EV export boom, data revealed. This trend positions China to potentially…
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Chinese smartphone maker Xiaomi on Wednesday said it has received more than 100,000 orders for its first car – a sporty electric vehicle called the SU7…
Last week, the electronics manufacturer Xiaomi unveiled its fast electric automobile, generating significant interest. Consequently, Xiaomi’s shares surged by as much as 16% on Tuesday. However,…
Amidst a fierce price war, China’s Xiaomi announced on Tuesday that it will start shipping its inaugural electric car (EV), the model SU7, this month. Furthermore,…
China’s largest electric vehicle (EV) producer, BYD (002594.SZ), unveiled a new version of its best-selling car on Monday. The release comes at a lower price than…
On Thursday, Volkswagen and Chinese electric vehicle (EV) partner XPeng announced their first collaboration. They will jointly source parts to develop an SUV. Announcing a “master…
On Wednesday, Polestar announced securing a $950 million loan from a bank syndicate, filling a gap left by Volvo Cars’ decision to cease funding the electric…
On Monday, General Motors (GM) expanded its presence in the European market by unveiling its luxury electric Cadillac Lyriq in France. The move comes as the…
On Wednesday, Toyota Motor (7203.T) shares reached a record high, driven by an earnings boost the day before. Rivals Honda and Nissan also experienced gains as…
Volvo Cars (VOLCARb.ST) announced on Thursday that it would no longer fund Polestar Automotive Holding (A4N1y.F), handing over responsibility for the luxury car brand to China’s…