China’s EV stocks start 2024 in reverse gear as price wars pressure profitability

[ad_1] A BYD Seagull small electric car is on display during the 20th Shanghai International Automobile Industry Exhibition at the National Exhibition and Convention Center (Shanghai) Vcg | Visual China…

China’s Xpeng claims its latest EV model could be an industry ‘game changer’

[ad_1] Chinese electric vehicle company Xpeng told CNBC on Friday that its newly launched X9 model could be a “game changer” for the industry. Xpeng launched the X9 large 7-seater…

Polestar cuts its guidance as it retools its business plan for lower EV sales, higher profits

[ad_1] A Polestar 4 electric SUV is on display during the 20th Shanghai International Automobile Industry Exhibition at the National Exhibition and Convention Center (Shanghai) on April 18, 2023 in…

Chinese EV stocks tank after Tesla earnings disappoint

[ad_1] SHANGHAI, CHINA – APRIL 18: A BYD Seagull small electric car is on display during the 20th Shanghai International Automobile Industry Exhibition at the National Exhibition and Convention Center…

Tesla rival Polestar plans own smartphone launch alongside its first electric vehicle in China

[ad_1] A Polestar 4 electric SUV is on display during the 20th Shanghai International Automobile Industry Exhibition at the National Exhibition and Convention Center (Shanghai) on April 18, 2023 in…

Mobileye shares plunge after self-driving tech company cuts guidance amid Tesla’s EV price war

[ad_1] Mobileye signage during the company’s IPO at the Nasdaq MarketSite in New York, US, on Wednesday, Oct. 26, 2022. Mobileye Global Inc., the self-driving technology company owned by Intel…

General Motors’ China business is hurting, and it’s not just because of Covid

[ad_1] The world’s largest automotive market — China — is becoming increasingly challenging for U.S. brands, especially General Motors. The company’s market share in the country, including its joint ventures, has plummeted…

Polestar cuts annual losses in half as it ramps up EV production

[ad_1] Polestar 3 Courtesy: Polestar Swedish electric vehicle maker Polestar cut its annual net losses in half last year, while revenue surged and it attempted to set itself apart from…

Chinese EV startup Jidu plans to use ChatGPT-like tech

[ad_1] Visitors look at a Jidu Robo-01 electric SUV during the 20th Guangzhou International Automobile Exhibition at Canton Fair Complex on Dec. 30, 2022 in Guangzhou, China. Zou Wei |…

Chinese EV brand Zeekr is now worth more than Xpeng

[ad_1] Pictured here is a Zeekr electric vehicle charging station in Dongguan, Guangdong province of China, on Nov. 14, 2022. Vcg | Visual China Group | Getty Images BEIJING —…