Chinese EV makers

In a bid to seize a bigger slice of the world’s largest auto market, European automakers are shifting gears and teaming up with Chinese counterparts to drive innovation and electric vehicle (EV) dominance.  What Happened: On Wednesday, German automaker Volkswagen AG (OTC:VWAGY...

Chinese EV giant BYD Co Ltd (OTC:BYDDY) (OTC:BYDDF) on Monday said that it will sue auto blogger Longzhu-Jiche for defamation. What Happened: On Sunday, Longzhu posted a review of the D9 MPV from BYD’s premium Denza brand on Bilibili. BYD, backed by Warren Buffett‘s Berkshire Hathaway...

This story was first published on the Benzinga India Portal. China’s biggest EV maker BYD Co Ltd (OTC: BYDDY) (OTC: BYDDF), backed by Warren Buffett's Berkshire Hathaway (NYSE: BRKA), has submitted a $1 billion investment proposal to build electric cars and...

Chinese EV maker Li Auto (NASDAQ:LI) reportedly delivered over 32,000 vehicles in June. What Happened: CEO Li Xiang said during a speech at the company’s eighth-anniversary celebration that the EV maker delivered more than 32,000 vehicles in June, reported CnEVPost. The company aims to sell...

China has decided to extend a sop for the electric vehicle industry that was originally set to expire by the end of the year. What Happened: China announced on Wednesday the details of a policy that would extend the purchase tax exemption for new energy vehicles (NEVs), which includes...

EV maker Xpeng Inc (NYSE:XPEV) said on Monday that it has received over 25,000 pre-sale orders in China for its SUV in three days. What Happened: The Guangzhou-headquartered EV maker commenced pre-sales of G6 on Friday at RMB 225,000 ($31,506). The vehicle debuted in April at Auto Shanghai and is...

Ford Motor Co (NYSE: F) CEO Jim Farley said on Wednesday that Chinese electric vehicle firms are “incredibly undervalued” and that he expects them to become more important in the future. What Happened: Farley, who has been steering Ford's transition to EVs,...