Etiqueta: Sales

Investment in critical infant technologies, including EVs, is crucial for growth.

In China's EV sector, Nio (HKG: 9866) is said to have entered an agreement with rival BYD (HKG: 1211) to source batteries for its new EV brand

Li Auto had 5,300 insurance registrations last week and Xpeng 1,400.

China electric vehicle maker Nio has struck a deal with larger rival BYD to source batteries for an EV brand priced at a lower range that aims to compete with Tesla, three sources with direct knowledge of the matter said. It also shows the impact of unrelenting competition over the price of new EVs in China's market, and batteries, the largest single cost in a new vehicle. Nio, which launched as a start-up a decade ago, had intended to produce batteries in-house but abandoned those plans in December as it shifted its focus to cutting costs to reverse losses.

Exclusive-China's Nio turns to rival BYD to power new EV brand, sources say

France aims fourfold increase in the sale of electric vehicles to eight lakh per year by 2027. It also targets a sixfold increase for electric light commercial vehicles to one lakh a year.

Chinese President Xi Jinping embarks on his first European tour in five years, with discussions on Chinese electric vehicle exports a critical topic. The ... Alcoholic Beverage, automobile, automotive, battery, BYD, car, electric vehicle, europe, European, Expansion, Export, Exports, finance, France, Hungary, import, Middle East, Serbia, United States, WTO, Xi Jinping

Just a fraction of the country's almost 200 manufacturers is expected to survive. Read more at straitstimes.com.

"BYD and the Chinese auto industry are very welcome in France," Finance minister Bruno Le Maire said at a meeting with car sector executives on Monday