Etiqueta: Sales
Tesla scraps low-cost car plans amid fierce Chinese EV competition
(Reuters) -Tesla has canceled the long-promised inexpensive car that investors have been counting on to drive its growth into a mass-market automaker, according to...
Xiaomi becomes 8th largest EV upstart in China after successful SU7...
BEIJING/SINGAPORE (Reuters) - Chinese smartphone maker Xiaomi has become the country's eighth-largest electric vehicle upstart after selling more than 7,000 units of its first...
XPeng’s Strong Quarterly Report Shows The Chinese EV Maker Created A...
On Tuesday, Xpeng Inc (NYSE: XPEV) reported its first fiscal quarter results that showed it did a great job of narrowing its loss on the...
How China’s EV makers aim to beat Tesla, legacy automakers in...
By Nick Carey and Giulio PiovaccariLONDON (Reuters) - Starting in the 1980s, European automakers steadily conquered China, racking up millions in sales with little...
Tesla stock tumbles 7% as shipments slump, new price cuts announced...
Tesla (TSLA) shares dropped to new multi-week lows as slowing China shipments and new price cuts there hint at troubles for the EV stalwart...
Volkswagen revamps its approach in China in bid to overtake upstart...
BEIJING (AP) — As auto giant Volkswagen AG races to catch up with upstart Chinese competitors, it has drivers like 26-year-old Ren Yiling in...
Shanghai eases data-export curbs sought by Tesla, other firms, document shows
SHANGHAI (Reuters) -Shanghai has compiled a list of data that can be transferred overseas without security assessments, according to a government document seen by...
Toyota’s global volumes fall in April, led by drops in China...
TOKYO (Reuters) - Toyota Motor's April global sales and production fell from a year earlier, hurt by an intense price war in China and...
Toyota’s global sales slide 7% in February, led by slumps in...
TOKYO (Reuters) - Toyota Motor's global sales dropped 7% in February from a year earlier, hurt by a heavy decline in China due to...
Tesla Reportedly Scraps Low-Cost Car Plans, Elon Musk Denies Story
Tesla, Inc (NASDAQ:TSLA) stock is trading lower Friday following reports of the EV maker dumping its low-cost vehicle plans amid China competition.According to a Reuters exclusive report,...
