Automundo China

Smartphone maker Xiaomi launches follow-up to SU7 sedan with YU7 crossover electric SUV challenging Tesla's best-selling Model Y

Chinese regulators to meet with automakers, including BYD and Dongfeng, to discuss rise of zero-mile used car sales.

XPeng is currently the eighth largest electric vehicle manufacturer in China and one of the world's fastest growing car brands.

Shares of Tesla Inc. (NASDAQ: TSLA) might be in for a rough week, according to fund manager Gary Black, following the announcement of steep discounts by the company's Chinese rival.

Chinese brand BYD saw more pure electric car registrations in the continent than Elon Musk's EV brand in April, according to new data.

Sales of petrol and diesel cars posted the biggest declines, outweighing growth in EVs and hybrid vehicles.

Shares of BYD plunged following steep discounts across several models, stoking fears of a renewed price war in China’s EV market. However, the Chinese automaker is still expected to maintain robust growth, particularly against global rival Tesla.

Shares of BYD plunged following steep discounts across several models, stoking fears of a renewed price war in China’s EV market. However, the Chinese automaker is still expected to maintain robust growth, particularly against global rival Tesla.View on euronews

China's commerce ministry will meet with industry bodies and automakers to discuss the sale of used cars that have never been driven, Reuters reported.