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…

8 mins 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…

2 weeks 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…

2 weeks ago

China EV Sales Hit Record in October Amid Demand Slowdown Worry

China seems poised to the end the year on a high too, with the final two months of the year…

2 weeks ago

China EV Giant BYD to Build First Europe Plant in Hungary – FAS

The carmaker has said it is still looking for the right location and would make an announcement at the end…

4 weeks ago

Buffett Sells $25.8 Million More BYD Shares, Stake Down by 61%

Berkshire’s latest stake sale in BYD came on the heels of the EV-maker’s financial results this week, in which the…

4 weeks ago

China’s BYD Posts Highest Ever Quarterly Profit With 82% Jump

The electric vehicle giant continues to preserve its domestic market leadership despite softer demand and increased competition

4 weeks ago

EU to Target Chinese Steel for Subsidies After EVs, Wind Turbines

The move will likely be announced at a summit with the US, which had asked Brussels to move against Chinese…

2 months ago

German Carmakers Fear EU’s China EV Probe: Minister – Politico

Germany’s economy minister said the country’s carmakers are “afraid” of retaliation from Beijing over potential EU duties targeting Chinese electric…

2 months ago

China Issues Gallium, Germanium Licences as Exports Sink

The announcement came after customs data showed China had completely blocked its exports of germanium and gallium products in August

2 months ago

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…

2 months 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 months ago