Automundo China
Third-gen Nio ES8 began shipments to delivery centers ahead of launch...
The third-gen Nio ES8 electric SUV began shipments to delivery centers in China ahead of the launch scheduled for September 20.
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China’s BYD says to ‘actively respond’ to supplier payment initiative
China's BYD said on Monday it would actively respond to an industry initiative that fleshes out rules on automakers making timely payments to suppliers, joining others in complying with a government call against price wars. The Chinese electric vehicle giant said it will focus on order confirmation, delivery and acceptance, payment and settlement, and contract duration among other key links in ensuring timely payments. The statement and similar pledges by major Chinese automakers including SAIC Motor, Changan, Chery and Xiaomi followed an initiative by China's Association of Automobile Manufacturers earlier in the day.
Tesla’s China Rival BYD’s Stock Bleeds Amid Aggressive Pricing Strategy
The company’s profit slid for the first time in more than three years, delivery targets were cut, and rivals like Geely and Leapmotor are winning share as Beijing cracks down on price wars.
China’s BYD Suffers $45 Billion Stock Market Wipeout As Aggressive Price...
BYD is under pressure to rebuild investor confidence after a $45 billion stock selloff wiped more than 30% off its Hong Kong shares in just four months, the steepest underperformance among peers. Analyst sell ratings are at their highest since 2022, reflecting skepticism over the Chinese EV maker’s strategy of leading the industry in deep discounts...
Xpeng begins European manufacturing of G6, G9 SUVs in Austria
Xpeng establishes first European factory partnership with Magna Graz, producing G6 and G9 SUVs, aiming for broader EV portfolio.
The post Xpeng begins European manufacturing of G6, G9 SUVs in Austria appeared first on CarNewsChina.com.
BYD loses $45 billion in market cap, analysts turn bearish as...
Analysts believe that the next major trigger for BYD will be the launch of its new models in the first quarter of 2026. Some of its upcoming launches were postponed to next year, to make the new vehicles more competitive with its rivals.
IAA Mobility 2025: Volkswagen, BMW, Mercedes, BYD & XPeng Shine
IAA Mobility 2025 in Munich showcased VWAGY, BMW, MBGYY, BYDDY and XPEV, highlighting the latest EVs, AI tech, and charging innovations.
Stock futures are little changed after record Nasdaq close; investors await...
Wall Street is hopeful the Federal Reserve will cut interest rates at the conclusion of its meeting Wednesday.
BYD’s new seven-seat SUV for Australia spotted testing
The hotly anticipated new plug-in hybrid large SUV from BYD has been spotted testing on Sydney roads ahead of its launch.
Automakers Are Required To Show The Chinese Government Their Future Cars;...
This is the first of a monthly series about China’s MIIT list that unveils upcoming vehicles long before their official launch. Today, with cars from Baojun, iCar, Leapmotor, Toyota, and Voyah. Huawei is ever-present, supplying motors and software to almost everybody. There’s a truck too, and an H8 motorbike. What is the MIIT list? Every […]
