Etiqueta: NIO

At the pre-sale launch event of the Denza Z9 GT, BYD's Chairman Wang Chuanfu defended that Denza —the subbrand created together with Daimler nearly 15 years ago — it was the very first new energy vehicle (NEV) startup in the country.

Wang Chuanfu, the founder and CEO of BYD, or simply ‘the Chairman’ as he is known within the company, hosted on Tuesday the pre-sale launch event for the Z9 GT, the new model under the company’s sub-brand Denza.

Li Auto had 10,700 insurance registrations last week, Xpeng 2,300 and Zeekr 3,500.

Tariffs on Chinese electric vehicles (EV) will likely boost investments in new European factories, which is good news but could also undermine Europe’s industrial base, to address this challenge the EU needs to strengthen and unify its investment rules, writes Tobias Gehrke.

The U.S. Commerce Department is expected to propose barring Chinese software in autonomous and connected vehicles in the coming weeks, according to sources briefed on the matter. The Biden administration plans to issue a proposed rule that would bar Chinese software in vehicles in the United...

Hong Kong-listed BYD Co. Limited’s ($HK:1211) shares dropped by 3.35% today after the Chinese automaker reported weak sales for its pure EVs (electric vehicles) for...

The numbers come against a stormy backdrop with a growing number of Chinese automakers taking aim at each other in the press amid competition concerns.

BYD, backed by Warren Buffett, sold 340,799 new energy passenger vehicles in July, a 31% jump from last year despite a drop in BEV sales.