EV Companies

France Reworks Subsidy Criteria to Cut-Off Chinese EVs – Nikkei

France’s decision — which follows an EU investigation into Chinese state subsidies for EV production — is aimed at reducing…

1 week ago

Tesla Sues China Chip Designer for ‘Stealing Tech Secrets’

Among major backers of the chip designer is smartphone giant Xiaomi, which won approval last month from China's state planner…

3 weeks ago

Wild Rally Makes VinFast World’s Third-Most Valuable Carmaker

Shares of the still loss-making automaker have rallied more than 333% over the past five days, reaching a valuation of…

1 month ago

China’s Xpeng to Buy Didi’s EV Unit In Up To $744 Million Deal

The deal is another shot in the arm for the currently loss-making startup, coming on the heels of a stake…

1 month ago

India May Slash EV Import Tax From 100% to 15% With Tesla Push

New Delhi will move slowly in considering the tax cut as any lowering of taxes on imported EVs could disrupt…

1 month ago

VinFast Shares Jump 109% to Near Four Times Initial Valuation

The moves followed reports that South Korea's Star Group Industrial, which supplies magnets to VinFast and Hyundai, is investing $80…

1 month ago

VinFast US Shares Dive Nearly 60% in 3 Days After $85bn Listing

The cash-burning company is currently worth $35 billion, down from $85 billion in its Wall Street debut, that valued the…

1 month ago

China EV-Makers Start Steady in Europe Amid Cost, Trust Issues

Chinese brands such as BYD, Nio and SAIC's MG, which have raced past foreign rivals to top sales rankings at home, will…

1 month ago

Loss-Making VinFast Needs Revamp to Live Up to $85bn Valuation

The automaker remains far behind its sales targets and faces tough competition in an industry where an increasing number of…

1 month ago

VinFast Set For August US Listing Through $23 Billion Merger

Analysts say the price tag on VinFast's planned merger is not realistic given that the EV-maker continues to burn cash…

2 months ago

Hyundai, Honda Partner EV Rivals to Take on Tesla Supercharger

Together, the unusual coalition of competitors, aims to roll out 30,000 chargers in North America, which would be significantly higher…

2 months ago

Volkswagen Buys $700 Million Xpeng Stake to Lift China EV Share

The deal is win for Xpeng, one of the smaller players in China's EV sector, that is less than a…

2 months ago