Toyota to set up wholly owned EV, battery unit
The Shanghai factory is expected to start production in 2027 and will develop a new BEV under Toyota's premium Lexus brand.
Tesla and Xpeng are offering rebates on car insurance and loans in February in response to BYD’s price cut in December.
Tesla has implemented a new discount on Model 3 vehicles in China, the world’s biggest EV market, amid a worldwide demand ...
The Japanese automaker announced on Wednesday that it would build a new EV and battery factory in Shanghai, after Tesla did the same in 2019.
Xpeng chief executive He Xiaopeng said on Wednesday he expected the company’s annual deliveries to double this year.
In China, the combined electric market share of Volkswagen, Audi, BMW, Mercedes and Porsche was only around five per cent ...
Nio ( NIO -2.31%), one of China's largest premium electric vehicle (EV) players by sales, was always an intriguing investment ...
BYD’s Song Plus (PHEV and EV) was the best-selling model in the lineup, with over 51,300 sold last month. Its low-cost Seagull EV, starting at under $10,000 in China, was the second-best seller, with ...
The move came as Europe's car industry has been plunged into crisis by high manufacturing costs, a stuttering switch to ...
A number of Chinese electric vehicle (EV) brands have announced ambitious sales targets for 2025, with some eyeing over 100-percent year-on-year growth, the Global Times learned on Wednesday. Speaking ...
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