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China exported 2.45 million vehicles from January to May 2024, up 26%

China exported 2.45 million vehicles from January to May 2024, up...

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Chinese vehicle export value reached 46.4 billion USD in the first five months of 2024.

The post China exported 2.45 million vehicles from January to May 2024, up 26% appeared first on CarNewsChina.com.

Sunday China Drive | BYD Seal 06 DM-i PHEV has a 2,100 km range with quality to match

Sunday China Drive | BYD Seal 06 DM-i PHEV has a 2,100...

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Let's go for a Sunday drive on the new BYD Seal 06 DM-i PHEV, which has a 2,100 km range!

The post Sunday China Drive | BYD Seal 06 DM-i PHEV has a 2,100 km range with quality to match appeared first on CarNewsChina.com.

Why automakers are backtracking on their ambitious EV game plans

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The latest data from S&P Mobility finds that EV inventory at the end of April climbed 5.7% compared to the prior month and up 105% compared to a year ago. This despite steep discounting for EVs through most of the year.
American International Group Inc. Trims Position in Boyd Gaming Co. (NYSE:BYD)

American International Group Inc. Trims Position in Boyd Gaming Co. (NYSE:BYD)

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American International Group Inc. decreased its position in shares of Boyd Gaming Co. (NYSE:BYD – Free Report) by 6.2% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 93,876 shares of the company’s stock after selling 6,189 shares during the quarter. American International […]
GAC Aion Y Plus all-electric SUV enters Indonesia at 25,200 USD

GAC Aion Y Plus all-electric SUV enters Indonesia at 25,200 USD

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Two trims of the Aion Y Plus were launched in Indonesia: Exclusive and Premium, with 410 km and 490 km range, respectively.

The post GAC Aion Y Plus all-electric SUV enters Indonesia at 25,200 USD appeared first on CarNewsChina.com.

China Earnings Pain Erodes Optimism Over Stock Market Rebound

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(Bloomberg) -- Investors in Chinese stocks are losing patience as a long-awaited earnings recovery fails to come through and a rally unravels.Most Read from BloombergCDK Hackers Want Millions in Ransom to End Car Dealership OutageAt Blackstone’s $339 Billion Property Arm, the Honeymoon Is OverCar Dealers Reel From Cyberattack on $1.2 Trillion MarketApple Won’t Roll Out AI Tech In EU Market Over Regulatory ConcernsEarnings estimates on key Chinese gauges have been slashed by the most in Asia this
Nissan feels the heat from BYD's EV price war in China

Nissan feels the heat from BYD’s EV price war in China

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Nissan is the latest victim of BYD’s “liberation battle” against gas-powered cars. After BYD’s aggressive price cuts this year, Nissan...
Geely’s Zeekr to launch 7 car by 2026: 4 SUVs, 2 MPVs and 1 wagon

Geely’s Zeekr to launch 7 car by 2026: 4 SUVs, 2...

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Geely-baked Zeekr’s product planning was exposed. The brand aims to launch 7 vehicles by 2026: 4 crossovers, 2 minivans, and 1 wagon.

The post Geely’s Zeekr to launch 7 car by 2026: 4 SUVs, 2 MPVs and 1 wagon appeared first on CarNewsChina.com.

Tesla's Top Rival, BYD's Yuan Family Hits 1M Sales Milestone As SUV Lineup Drives NEV Success: Report - BYD (OTC:BYDDF), BYD (OTC:BYDDY)

Tesla’s Top Rival, BYD’s Yuan Family Hits 1M Sales Milestone As...

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BYD's Yuan family achieves 1 million sales milestone, highlighting success in NEV market with SUV lineup, amidst ongoing model expansions.