The debut gave Zeekr a fully diluted valuation of $6.8 billion, or about half the $13 billion it fetched after a funding round last year
Car exports jumped by 38% year-on-year to 417,000 units in April, after a 39% rise in March; but domestic sales were down nearly 6% from 2023
The US is likely to maintain tariffs on Chinese products and will reveal news next week on areas of strategic competition such as EVs and solar panels, sources say
The US Justice Department is examining whether Tesla misled consumers, investors and regulators about its promises for self-driving vehicles
Shipments from China grew 1.5% year-on-year last month, while imports increased by 8.4% - reversing losses in both categories in March
Commerce Secretary said: "We could take extreme action, which is to say 'No Chinese connected vehicles in the United States' or look for mitigation," including safeguards, guardrails or other requirements."
Before a full FSD rollout, Tesla still needs Chinese approval to collect and transfer data that Tesla's cars need to train its driver-assistance features
Strict Covid-curbs have put 26 million lives on hold in Shanghai - China's most important economic hub. The resulting supply chain disruptions and revenue losses will spell fresh economic trouble for China, and the world.
The reason isn't just rising temperatures or battery quality but a lack of thermal-based safety precautions. The EV batteries are getting heated beyond 100 degrees, experts claim.
Tesla employees have returned to work at the giant’s Covid-hit Shanghai plant, and they aim to restart production with 1,000 cars a day after a stoppage of more than three weeks.
Hozon New Energy Automobile, an eight-year-old Zhejiang-based electric vehicle maker, startled industry watchers with growing sales of its affordable, spacious SUVs.