Chinese EV makers

Leading EV maker BYD Co Limited (OTC:BYDDF) (OTC:BYDDY) has refuted the European Union’s allegations that the success of Chinese car companies is due to state aid.  What Happened: The EU is currently investigating whether subsidies from China are enabling the country...

In a bold move, BYD Co. (OTC:BYDDF)  (OTC:BYDDY)has unveiled its most expensive vehicle to date, a fully electric supercar valued at $233,450. This is seen as a direct challenge to traditional supercar manufacturers like Ferrari NV and Lamborghini. What Happened: The Yangwang U9, introduced at...

Chinese electric vehicle companies are reportedly turning more to extended-range electric vehicles (EREVs) to boost sales. These vehicles, which combine electric motors with gasoline engines, offer customers a solution to concerns about limited electric range and lack of fast-charging...

European automotive giants Volkswagen AG (OTC:VWAGY), Renault SA (OTC:RNSDF), and Stellantis NV (NYSE:STLA) are reportedly considering an unprecedented partnership to tackle the growing threat from Chinese EV makers and Tesla. What Happened: As reported by...

American EV giant Tesla Inc. (NASDAQ:TSLA) saw new vehicle registrations in the European Union surge by nearly 67% year-on-year in January. However, its growth was outpaced by a surprising contender: Chinese state-owned automaker SAIC Motors. What Happened: Data from...

With Chinese smartphone giant Xiaomi Corporation‘s (OTC:XIACY) entry into the electric vehicle arena, Gene Munster of Deepwater Asset Management issued a cautious note for EV frontrunner Tesla, Inc. (NASDAQ:TSLA). Investor optimism towards Tesla persists despite...

While Chinese electric vehicles (EVs) have been gaining popularity globally, their entry into the U.S. market has been notably restricted. What Happened: A report by the Wall Street Journal sheds light on the trade barriers set up by the federal government, which have effectively limited...

Nio Inc (NYSE:NIO) CEO William Li explained the intent behind hiring salespersons from other luxury brands like BMW, Mercedes, and Audi during the company’s second-quarter earnings call on Tuesday. What Happened: Around June, Nio realized that it was lagging behind both in terms of the number...

In a bid to seize a bigger slice of the world’s largest auto market, European automakers are shifting gears and teaming up with Chinese counterparts to drive innovation and electric vehicle (EV) dominance.  What Happened: On Wednesday, German automaker Volkswagen AG (OTC:VWAGY...

Chinese EV giant BYD Co Ltd (OTC:BYDDY) (OTC:BYDDF) on Monday said that it will sue auto blogger Longzhu-Jiche for defamation. What Happened: On Sunday, Longzhu posted a review of the D9 MPV from BYD’s premium Denza brand on Bilibili. BYD, backed by Warren Buffett‘s Berkshire Hathaway...

This story was first published on the Benzinga India Portal. China’s biggest EV maker BYD Co Ltd (OTC: BYDDY) (OTC: BYDDF), backed by Warren Buffett's Berkshire Hathaway (NYSE: BRKA), has submitted a $1 billion investment proposal to build electric cars and...

Chinese EV maker Li Auto (NASDAQ:LI) reportedly delivered over 32,000 vehicles in June. What Happened: CEO Li Xiang said during a speech at the company’s eighth-anniversary celebration that the EV maker delivered more than 32,000 vehicles in June, reported CnEVPost. The company aims to sell...

China has decided to extend a sop for the electric vehicle industry that was originally set to expire by the end of the year. What Happened: China announced on Wednesday the details of a policy that would extend the purchase tax exemption for new energy vehicles (NEVs), which includes...

EV maker Xpeng Inc (NYSE:XPEV) said on Monday that it has received over 25,000 pre-sale orders in China for its SUV in three days. What Happened: The Guangzhou-headquartered EV maker commenced pre-sales of G6 on Friday at RMB 225,000 ($31,506). The vehicle debuted in April at Auto Shanghai and is...

Ford Motor Co (NYSE: F) CEO Jim Farley said on Wednesday that Chinese electric vehicle firms are “incredibly undervalued” and that he expects them to become more important in the future. What Happened: Farley, who has been steering Ford's transition to EVs,...