Electric Cars

China Vows to Help EV Makers Expand Overseas, Fight Sanctions

Beijing has laid out wide-ranging guidelines for various departments and the central bank to help the new-energy-vehicle trade

2 months ago

BYD Forecasts Possible 86% Profit Surge on Overseas Sales

The Chinese EV outfit is predicting a $4billion-plus net profit for last year despite intensified competition in the sector

3 months ago

Toyota Eyes 10.3 Million 2024 Production Target, Hybrid Boost

The Japanese automaker says it is confident chip shortages won’t hamper it manufacturing what will be a record number of…

3 months ago

EU Investigators in China to Probe EV-Makers BYD, Geely, SAIC

Brussels is determined to establish the impact of state subsidies on Chinese-made electric vehicles which it claims disadvantages its own…

3 months ago

China’s Xiaomi Unveils Fast-Charging EV to Rival Tesla, Porsche

The smartphone giant’s chief Lei Jun said the company was aiming to become 'one of the world's top five automakers'

4 months ago

China’s Nio to Launch Affordable EV brand Firefly in Europe

A wave of Chinese EV makers are expanding in Europe amid slowing demand at home

4 months ago

France’s Green EV Push Cuts China-Made Cars From Subsidies

France's revamped rules on EV subsidies include a new criteria for eligibility — the amount of carbon emitted in the…

4 months ago

China, US EV Sales Lead Charge as Electric Revolution Speeds Up

Global sales of fully electric and plug-in hybrid vehicles reached a new monthly record of 1.4 million units in November

4 months ago

US Rules to Limit Chinese Access to EV Tax Credits Announced

The Biden administration's curbs are designed to wean the US electric vehicle battery supply chain away from China

5 months ago

Huawei’s State-Backed Smart Car Firm Set For $35bn Valuation

Huawei has said the new unit will engage in R&D, production, sales and service of intelligent automotive systems and component…

5 months ago

Regulatory Filing Reveals First Images of Xiaomi’s Debut EV

A unit of Beijing-based automaker BAIC has proposed to make two versions of Xiaomi's first-ever electric vehicle — the SU7…

5 months ago

Hyundai Showcases its First High-Performance Electric Car

The automaker said it expects the car to touch an electronically limited top speed of 260.7 kmph but did not…

5 months ago