Warren Buffett's investment firm sells remaining shares as Chinese automaker faces growth challenges and intensifying competition. Berkshire Hathaway has completed its exit from BYD after selling its remaining shareholding in…
Chinese smartphone maker addresses potential system malfunctions in standard edition models as regulatory investigation concludes. Xiaomi has announced a recall of 116,887 SU7 Standard Edition vehicles in China following safety…
Chinese electric vehicle manufacturer starts production at Magna Steyr facility as part of strategy to reduce tariffs and establish local presence in key market. XPeng has commenced manufacturing of its…
Zeekr Group will be removed from New York Stock Exchange with merger completion expected by the of the year. Geely Automobile Holdings has finalised its acquisition of Zeekr Group at…
Partnership will see Baidu's self-developed RT6 robotaxi deployed in other markets around the world. Chinese tech giant Baidu has announced a multi-year partnership with Uber to deploy its Apollo Go…
Additional funding will support production of the Land Aircraft Carrier which is expected in 2026. XPeng AeroHT, the flying car division of Chinese electric vehicle maker XPeng, has completed a…
Concerns had been raised about overcapacity and brands marking new cars as used to facilitate exports and artificially maintain output. China has introduced stricter regulations for used car exports, targeting…
Sub-brand slashes entry price by 33% with early BaaS launch as small EV competition intensifies Nio's budget-focused electric vehicle sub-brand, firefly, has brought forward its Battery-as-a-Service (BaaS) scheme by five…
The Chery-Huawei joint venture offers cash incentives on its S7 and R7 models as competitive pressures intensify. Luxeed, the electric vehicle brand co-developed by Chinese tech giant Huawei and state-owned…
Battery making, mobility, and financial giants join forces to tackle the growing robotaxi segment. In a strategic move beyond its core battery business, Chinese power cell giant CATL has entered…