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Price wars, Guan added, are less critical than technology wars. McKinsey's data indicates that China's customers are often willing to pay more if they feel like they're getting more. And while Western ...
Tesla’s massive factory in Shanghai, China, has the capacity to build roughly 1 million vehicles every year. However, it could fall quite short of that number this year based on disappointing sales ...
The base car comes with a 258 hp, 324 lb-ft motor powering the rear wheels, while the long-range car will net you the same ...
Tesla's China-made vehicle sales dropped sharply in April, bucking the trend of strong growth among major Chinese EV competitors, according to CNEVPOST.
Full Self-Driving? There’s no such thing, says China’s Ministry of Industry and Information Technology (MIIT), which has ...
Now, Toyota is warning that China is about to take the lead in another emerging industry, following EVs. Misumasa Yamagata, president of Toyota’s hydrogen business, warned that hydrogen vehicles are ...
Xpeng’s EV deliveries jumped 273% in April, while BYD led with over 370,000 sales, highlighting diverging trends as competition heats up.
To keep ahead of the competition, “design really has to be leading edge, always looking forward, very progressive," says Kris ...
NIO Inc. NIO, XPeng Inc. XPEV and Li Auto LI, leading smart electric vehicle (EV) companies headquartered in China, recently ...
Chinese electric vehicle startup Xpeng in April sustained its record of delivering over 30,000 vehicles for the sixth ...
Chinese electric-vehicle makers XPeng, NIO, and Li Auto delivered 92,884 vehicles in April, up 83% year over year.