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Xiaomi Faces Backlash After Fatal SU7 Crash, Stock Drops 5.5%
Xiaomi’s stock dropped after a fatal SU7 crash raised concerns over its autonomous system, prompting an investigation.
Apr 12 min read


China’s Hybrid Vehicle Exports Surge 892%, Defying Tariff Impact on EVs
China’s hybrid vehicle exports to the EU have surged, while pure EV shipments slowed due to new tariffs, shifting global export dynamics.
Mar 262 min read


BYD’s Fourth-Quarter Profit Jumps 73% Amid Strong EV Sales
BYD’s fourth-quarter profit surge, driven by strong EV sales and competitive pricing, solidifies its leadership in the global EV market.
Mar 242 min read


BYD Launches Affordable Electric Sedan, Directly Competing with Tesla’s Model 3
BYD's Qin L provides a budget-friendly alternative to Tesla's Model 3, launching as Tesla faces declining sales in China.
Mar 242 min read


Geely’s 2024 Profit Jumps 213%, Fueled by Strong EV Sales and Asset Disposals
Geely’s record 2024 profit stems from strong EV sales and strategic asset sales, positioning it for continued growth.
Mar 212 min read


Tesla Plans Cheaper Model Y and Self-Driving Upgrades to Regain Market Share in China
Tesla aims to regain traction in China with a 20% cheaper Model Y and Baidu map integration for better self-driving.
Mar 213 min read


Xpeng Tops Chinese EV Startups with 570% Growth in February 2025
Xpeng leads China’s EV market with 30,000+ deliveries in February 2025, amid rising competition.
Mar 62 min read


Dealers’ Inventories Decline in February as China’s Auto Sales Pick Up
China’s auto dealers struggle with cash flow despite February's market recovery, as price cuts boost sales and reduce inventory.
Mar 52 min read


BYD Launches DJI Drone System to Revolutionize Electric Vehicles in China
BYD launches the AI-powered Lingyuan drone with DJI, featuring a rooftop docking station in China’s EV market.
Mar 42 min read


BYD Fires Subcontractor After Forced Labor Allegations at Brazil EV Factory
BYD fires subcontractor in Brazil over forced labor and unsafe conditions, reaffirming its commitment to ethical practices amid EV expansion
Dec 30, 20242 min read


Foxconn Invests US$82 Million in New EV Battery Plant to Diversify Business
Foxconn's new EV battery facility in Zhengzhou marks its push into electric vehicles, reducing reliance on Apple.
Dec 26, 20243 min read


CATL’s New EV Chassis Can Withstand 120 km/h Crash, Changing Vehicle Safety
CATL unveils a revolutionary EV chassis with enhanced safety, setting new production standards, led by Avatr, Changan Auto, and Huawei.
Dec 26, 20243 min read


Chinese Car Exports Forecast to Grow 14% in 2025 Despite EU Tariffs
Despite EU tariffs slowing EV exports, China remains the top car exporter, focusing on hybrid models for markets like Europe.
Dec 26, 20243 min read


China's Electric Vehicle Export Value Falls 42% Amid EU Tariff Pressures
The sharp decline in China’s EV exports reflects rising EU tariffs and weaker demand in key markets like Latin America and Southeast Asia.
Dec 23, 20242 min read


Tesla Gigafactory Director Resigns to Join Chinese Auto Startup
Song Gang’s resignation marks a turning point for Tesla in China as he joins a rival auto brand.
Dec 19, 20243 min read


Nissan and Honda Join Forces in Bid to Challenge Toyota, Tesla, and EV Leaders
A Nissan-Honda merger could reshape the automotive industry, enabling them to compete with Toyota and Tesla in the EV market.
Dec 18, 20243 min read


Struggling to Meet Growth Goals, Nio Turns to Cost Cutting and New Models
Nio aims to boost growth by tightening cost control and increasing deliveries of affordable vehicles, including a new Onvo model, by 2025.
Dec 12, 20242 min read


Hyundai Partners with BAIC for $1.1 Billion Investment to Boost Sales in China
Hyundai and BAIC’s $1.1 billion investment aims to revive Hyundai’s presence in China with new models and more exports.
Dec 11, 20243 min read


Stellantis and CATL Invest $4.33 Billion (€4.1 Billion) in Spanish EV Battery Gigafactory
Stellantis and CATL to build $4.33 billion (€4.1 billion) EV battery plant in Spain, strengthening Europe’s EV supply chain.
Dec 10, 20242 min read


Xiaomi Expands EV Lineup With Electric SUV YU7 Amid Soaring Demand
Xiaomi accelerates its EV expansion with a new electric SUV, aiming to redefine China’s automotive market.
Dec 9, 20242 min read
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