Etiqueta: Sales

To counteract market dumping, the European Union will slap tariffs of up to 38% on electric vehicles from China. This puts additional strain on China’s EV manufacturers, which already face poor sales in Europe.

UK car dealers are backing Xpeng, Omoda and BYD to be the Chinese brands which make the biggest impact on British roads, a new study has revealed.

Xpeng unveiled its first model under the new Mona sub-brand, as the Chinese electric-vehicle (EV) maker targets the compact car segment and market leader BYD. The M03 pure electric compact sedan will come with intelligent features, the Guangzhou-based company announced on the Chinese microblogging site Weibo on Tuesday. Xpeng did not provide details such as the car's driving range and level of automation. "Xpeng is targeting budget-conscious customers with the new brand," said Chen Jinzhu, CEO o

An aggressive market grab by low-cost Chinese retailers has delivered bumper earnings for some firms but has also intensified a bruising price war, exacerbating deflationary fears in the world's second-largest economy. From coffee to cars to clothes, China's discount retailers have cut prices on just about everything as they chase a consumer whose confidence has been battered by a property crisis, high unemployment and a gloomy economic outlook. "If this situation continues, China may end up with what we call a vicious cycle: lower value added consumption, deflation, low profit rates leading to low wages, which further pushes consumers to downgrade their consumption," said He-Ling Shi, an economics professor at Monash University in Melbourne.

We recently compiled a list of the 15 Biggest EV Stocks in the World in 2024 and in this article, we discuss where Li Auto Inc. (NASDAQ:LI) stands in this list and whether it’s a good investment. According to the Global EV Outlook 2024 by the International Energy Agency, electric car sales surged in 2023, […]

We recently compiled a list of the 15 Biggest EV Stocks in the World in 2024 and in this article, we discuss whether Yadea Group Holdings Ltd. (HKSE:1585) is the dominant EV stock worldwide. According to the Global EV Outlook 2024 by the International Energy Agency, electric car sales surged in 2023, reaching nearly 14 […]

EV MAKER BYD, through a partnership with Ayala Corporation’s electric mobility platform, ACMobility has announced eleven new dealership appointments, bri...

We recently compiled a list of the 15 Biggest EV Stocks in the World in 2024 and in this article, we discuss whether Zhejiang Leapmotor Technology Co., Ltd. (HKSE:9863) is the largest EV company globally in 2024. According to the Global EV Outlook 2024 by the International Energy Agency, electric car sales surged in 2023, reaching […]

We recently compiled a list of the 15 Biggest EV Stocks in the World in 2024 and in this article, we discuss whether Olectra Greentech Ltd (NSE:OLECTRA) holds the title of the largest EV Bus company in India. According to the Global EV Outlook 2024 by the International Energy Agency, electric car sales surged in […]

We recently compiled a list of the 15 Biggest EV Stocks in the World in 2024 and in this article, we discuss whether Polestar Automotive Holding UK PLC (NASDAQ:PSNY) is the largest EV stock globally in 2024. According to the Global EV Outlook 2024 by the International Energy Agency, electric car sales surged in 2023, […]