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Exclusive-China’s Nio turns to rival BYD to power new EV brand,...

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SHANGHAI (Reuters) - China electric vehicle maker Nio has struck a deal with larger rival BYD to source batteries for an EV brand priced...

NETA Auto Announces Arrival in the Brazilian Market in 2024

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Chinese brand of electrified vehicles will launch NETA brand and three models later this year in Brazil.With a robust strategy, NETA Auto expects to...

Tesla scraps low-cost car plans amid fierce Chinese EV competition

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(Reuters) -Tesla has canceled the long-promised inexpensive car that investors have been counting on to drive its growth into a mass-market automaker, according to...

Xiaomi becomes 8th largest EV upstart in China after successful SU7...

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BEIJING/SINGAPORE (Reuters) - Chinese smartphone maker Xiaomi has become the country's eighth-largest electric vehicle upstart after selling more than 7,000 units of its first...

Elon Musk claims Tesla Roadster coming next year as Chinese EV...

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Coincidence or just interesting timing? As Chinese competitors reveal their supercar EV offerings, Tesla CEO Elon Musk tweeted out new specs on the much...

XPeng’s Strong Quarterly Report Shows The Chinese EV Maker Created A...

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On Tuesday, Xpeng Inc (NYSE: XPEV) reported its first fiscal quarter results that showed it did a great job of narrowing its loss on the...

How China’s EV makers aim to beat Tesla, legacy automakers in...

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By Nick Carey and Giulio PiovaccariLONDON (Reuters) - Starting in the 1980s, European automakers steadily conquered China, racking up millions in sales with little...

Tesla stock tumbles 7% as shipments slump, new price cuts announced...

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Tesla (TSLA) shares dropped to new multi-week lows as slowing China shipments and new price cuts there hint at troubles for the EV stalwart...

Volkswagen revamps its approach in China in bid to overtake upstart...

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BEIJING (AP) — As auto giant Volkswagen AG races to catch up with upstart Chinese competitors, it has drivers like 26-year-old Ren Yiling in...

Tesla Reportedly Scraps Low-Cost Car Plans, Elon Musk Denies Story

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Tesla, Inc (NASDAQ:TSLA) stock is trading lower Friday following reports of the EV maker dumping its low-cost vehicle plans amid China competition.According to a Reuters exclusive report,...