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A Chinese EV Company Has Taken Tesla’s Crown

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Beijing has gone “all in” on electric cars—rattling Washington and Brussels.

China’s revised NEV purchase tax policy comes into effect

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China's revised taxation policy for the purchase of new energy vehicles (NEVs) has come into effect from the start of this year. The current taxation scheme has replaced the NEV tax exemption policy that spared NEV buyers from paying any purchase tax (barring certain ultra-luxury vehicles), which was in place for about a decade.

Honda presents new electric car series for China

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In the run-up to Auto China, Honda has unveiled a new series of electric cars for the Chinese market. The first two models, Ye P7 and Ye S7, are due to go on sale this year. Honda is also showing a concept car.

It looks like Tesla just lost the EV crown to China...

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BYD's fourth-quarter deliveries came in well above what Tesla is expected to report on Tuesday.

Xiaomi launches its first EV, with ambition to be China’s Porsche...

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Xiaomi has not yet said how much the SU7, which stands for Speed Ultra, will cost. Read more at straitstimes.com.

Xiaomi fires three employees ahead of new car debut

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Xiaomi's top management recently fired 3 employees for "leaking confidential vehicle information," which has cast a shadow over the introduction of the company's first electric vehicle (EV) in 2024.

Washington Issues New EV Rules: A New Front In The U.S.-China...

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The Biden administration wants to block any gain China may receive from Washington’s huge EV push. The effort looks increasingly pointless.

China EV Maker Nio Wins $2.2 Billion Abu Dhabi Cash Boost

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Nio Inc., the loss-making Chinese electric-car maker, has scored another cash injection from the Middle East after Abu Dhabi-backed fund CYVN Holdings LLC said it will invest $2.2 billion.

Nio announces 2.2 billion USD investment from CYVN

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Per share purchase price is 7.50 USD.

France’s new EV cash incentive rules toughen market for Chinese-made cars

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France's revamped rules on consumer cash incentives for electric car purchases favour vehicles made in France and Europe over models manufactured in China, a government list of eligible car types published on Thursday showed.