Etiqueta: NIO

BEIJING (Reuters) - China's August sales of electric vehicles and hybrids grew at the slowest pace in one and a half years as the government continues efforts to halt punishing price wars. EV and hybrid sales outstripped gasoline cars for the sixth straight month in August, but annual growth cooled to 7.5% from 12% in July, China Passenger Car Association data showed on Monday. That was the

VinFast priced the VF6 at ₹16.49 lakh ($19,800) and the VF7 at ₹20.89 lakh ($25,000), with bookings open for a refundable ₹21,000 and deliveries expected later this year.

BYD's Target Cut: A Bellwether for China's EV Sector Slowdown?

BYD’s Profit Margin Compression and Slowing Growth: A Cautionary Tale for EV Investors

BYD's global deliveries totaled 373,626 in August, barely changed from a year earlier.

BYD is currently free-falling in the Chinese market as its competitors gain impressive ground. Following the crackdown on aggressive discounting strategies...

A drop in production, sales and profits reflect how pressure to stay competitive is beginning to take a toll on BYD