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…

China’s EV carmaker Nio jumps 4% after reporting narrower-than-expected losses

[ad_1] Nio’s ET5 stands on display at the Central China International Auto Show on May 25, 2023, in Wuhan, China. Getty Images | Getty Images News | Getty Images Nio…

Nissan CEO weighs in on how the EV market has changed since Covid

[ad_1] Nissan Motor Co. CEO Makoto Uchida speaks next to the Nissan Hyper Force electric vehicle during the Japan Mobility Show at Tokyo Big Sight in Tokyo, Japan on October…

Jeep, Dodge maker Stellantis to invest $1.6 billion in Chinese EV startup Leapmotor

[ad_1] Chinese EV maker Leapmotor launched its first car for the international markets called the C10. Arjun Kharpal | CNBC Stellantis on Thursday said it will invest 1.5 billion euros…

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…

CNBC Daily Open: Why did the unemployment rate and jobs rise in tandem?

[ad_1] A hiring sign is pictured at a McDonald’s restaurant in Garden Grove, California on July 8, 2022. Robyn Beck | Afp | Getty Images This report is from today’s…

Xpeng shares drop 7% after the Chinese electric car maker posts a record quarterly loss

[ad_1] A Xpeng P7 electric car is on display during the 18th Guangzhou International Automobile Exhibition at China Import and Export Fair Complex on November 20, 2020 in Guangzhou, Guangdong…

Tesla makes further price cuts in China, reducing models S and X by $7,400 to $8,500

[ad_1] Visitors check a Tesla Model 3 car next to a Model Y displayed at a showroom of the U.S. electric vehicle (EV) maker in Beijing, China February 4, 2023.…

Shares of Chinese Tesla rival Xpeng fall 5% after head of autonomous driving resigns

[ad_1] An XPeng Inc. G9 electric vehicle at the Shanghai Auto Show in Shanghai, China, on Monday, April 24, 2023. Qilai Shen | Bloomberg | Getty Images Xpeng shares fell…