Li Auto Inc
China EVs in 2026 look less like a boom and more like a survival test as global expansion ramps up
Key Points China’s new energy vehicle market is set to see more price competition next year as overall growth slows, analysts predict. Domestic saturation is pushing Chinese automakers such as BYD to expand overseas, including opening local factories. Foreign carmakers still see opportunity, but competition is tightening fast. Source
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Here’s what’s behind Tesla’s 3-year sales low in China
Tesla sales in China dropped to a three-year low in October, raising concerns the electric vehicle maker could see its first full-year sales decline in the country this year. Fierce competition from local rivals such as NIO and Li Auto — both reporting this week — and a bruising price war in the face of […]
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Asia markets track Wall Street’s stunning reversal in AI-related stocks
A woman uses her mobile phone as she walks past the logo of Japan’s telecommunications giant SoftBank in Tokyo on December 25, 2013. Toru Yamanaka | Afp | Getty Images Tech conglomerate SoftBank plunged more than 10% Friday amid losses across the region’s key benchmarks, after U.S. tech stocks lost ground and investors’ hopes dimmed […]
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Xpeng tops over 40,000 monthly deliveries again as its mass market strategy plays out
SHANGHAI, CHINA – OCTOBER 16, 2025 – New energy vehicles displayed in Xiaopeng Motors store in Shanghai, China on October 16, 2025. (Photo credit should read CFOTO/Future Publishing via Getty Images) Cfoto | Future Publishing | Getty Images While most Chinese electric vehicle makers have seen ups and downs, Xpeng has built a slow and […]
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BYD monthly sales tumble for the first time in 2025, reinforcing slowdown concerns
HANGZHOU, CHINA – SEPTEMBER 21, 2025 – Viewers watch a new energy vehicle under BYD at an auto show in Hangzhou, Zhejiang Province, China on September 21, 2025. (Photo credit should read CFOTO/Future Publishing via Getty Images) Cfoto | Future Publishing | Getty Images China’s electric-vehicle behemoth BYD posted its first year-on-year decline in deliveries […]
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SoftBank Group shares plunge over 9% as Asian tech stocks decline
The logo of Japanese company SoftBank Group is seen outside the company’s headquarters in Tokyo on January 22, 2025. Kazuhiro Nogi | Afp | Getty Images Shares of SoftBank Group plunged as much as 9.17% Wednesday, as technology stocks in Asia declined, tracking losses in U.S. peers overnight. The Japanese tech-focused investment firm saw shares drop […]
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Stocks making the biggest moves midday: Miami International, Paramount Skydance, Advance Auto Parts and more
Check out the companies making the biggest moves midday: Miami International Holdings — The parent of Miami-based exchange operator MIAX surged more than 43% in its public market debut at the New York Stock Exchange. The company priced its initial public offering at $23 per share. It last traded above $31. Paramount Skydance — The […]
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Stocks making the biggest moves premarket: Deere, Tapestry, Coherent, Bullish and more
Check out the companies making headlines in premarket trading. Li Auto — Shares fell about 2% following JPMorgan’s downgrade of the Chinese electric vehicle company to neutral. Analyst Nick Lai cited stiff competition as a reason for caution. Tapestry — The Coach New York and Kate Spade parent sank more than 10% after its full-year […]
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CNBC Daily Open: That’s not how revisions to jobs numbers work
U.S. President Donald Trump boards Air Force One on August 1, 2025 at Joint Base Andrews, Maryland. Anna Moneymaker | Getty Images News | Getty Images After U.S. jobs figures for May and June were revised significantly downward by the Bureau of Labor Statistics — slashing a combined 258,000 from previous figures — President Donald […]
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China’s BYD breaks delivery growth streak as EV price war reshapes competition
Despite a July slowdown, BYD retains its lead in China’s competitive EV market. Anna Barclay | Getty Images News | Getty Images China’s largest EV maker BYD posted its first monthly delivery decline this year, amid stiff competition from a price war that has attracted attention from policymakers in Beijing. While other major Chinese electric […]
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