China's EV price war intensifies as BYD cuts prices on 22 models, causing sharp declines in the stock of major competitors like Tesla's rivals. Investors are anxious as the competition heats up in the world's largest auto market.
Shares of BYD fell on the Hong Kong exchange following recent price cuts. This move has raised eyebrows in the EV market, affecting other key players like Xpeng, Nio, and Li Auto. What does this mean for the future of electric vehicles?
Contemporary Amperex Technology Co. (CATL) saw its shares jump over 16% during its Hong Kong trading debut, raising $4.5 billion in a secondary listing. Investors are betting big on the EV market despite ongoing tariff challenges.
Xiaomi is poised to unveil the YU7 this Thursday, a groundbreaking electric SUV that could transform China's EV market. With impressive sales and new tech, can it compete with Tesla?
Toyota has revealed its revamped bZ electric vehicle, enhancing range, horsepower, and charging capabilities. With a simplified name and improved technology, is it enough to compete with Tesla and GM?
General Motors CEO Mary Barra thanks Trump for his support while warning of $5 billion impacts from tariffs. Despite this, GM solidifies its position as a leading EV seller in the US with optimistic projections.
Slate Auto, the innovative EV startup, is poised to lease a former printing plant in Indiana for its affordable electric truck production. With plans to create 2,000 jobs, this could reshape local manufacturing and the EV market.
Slate Auto is revolutionizing the EV market with its $20,000 electric truck that can transform into an SUV. Backed by Jeff Bezos, this innovative vehicle promises affordability and versatility for all your needs.
In a stunning turn of events, Chinese automaker BYD has reported annual revenue of 777 billion yuan, surpassing Tesla. With a 29% increase from last year, BYD's rapid development in EVs and new battery technology is reshaping the market landscape.
Tesla faces a turbulent path as sales slump in key markets and stock prices fluctuate. With Elon Musk's political moves and new tech updates, can the EV giant regain its footing and confidence?
