NIO Inc
BYD's five best-selling cars, including one edging out Tesla's Model Y in China
BYD’s new luxury brand Yangwang is selling its first model, the U8, for more than 1 million yuan (US$160,000). CNBC | Evelyn Cheng BEIJING — BYD has overtaken Tesla again by the sheer number of new energy vehicles produced in 2023, thanks in part to the Chinese automaker’s hybrids and wide range of offerings in […]
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Stocks earning the greatest moves midday: Moderna, Apple, GoodRx, Coinbase and additional
Look at out the corporations generating headlines in midday trading. Moderna — The drugmaker jumped 16% pursuing an up grade to outperform by Oppenheimer. The company said Moderna’s several products launches in the upcoming 12 to 18 months should support top rated-line product sales start out to improve in 2025. Moderna fell additional than 40% […]
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BYD is set to beat Tesla for a second straight year after producing more than 3 million cars in 2023
BYD launched the BYD Seal in Europe at the IAA auto show in Munich, Germany. The electric sedan has a starting price of 44,900 euros ($48,479). Arjun Kharpal | CNBC BEIJING — BYD said Monday it produced more than 3 million new energy vehicles in 2023, putting the Chinese electric car giant on track to […]
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China's Xiaomi unveils its first EV as it looks to compete with Porsche, Tesla
Chinese smartphone company Xiaomi revealed on Dec. 28, 2023, its forthcoming electric car, the SU7 sedan. CNBC | Evelyn Cheng BEIJING — Chinese consumer electronics company Xiaomi on Thursday detailed plans to enter China’s oversaturated electric vehicle market and compete with automaker giants Tesla and Porsche with a car model it says it spent more […]
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Tesla minimize EV selling prices in China much more than BYD did for its flagship Han sedan this year, review finds
BYD’s Han electrical automobile, pictured right here at the 2021 Shanghai automobile present, is a single of the most common new electricity motor vehicles in China. Evelyn Cheng | CNBC BEIJING — Tesla reduce price ranges for its electrical autos in China by additional than BYD did for its flagship Han sedan, according to investigation […]
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China’s EV carmaker Nio jumps 4% following reporting narrower-than-predicted losses
Nio’s ET5 stands on display screen at the Central China Intercontinental Automobile Clearly show on May 25, 2023, in Wuhan, China. Getty Illustrations or photos | Getty Illustrations or photos Information | Getty Visuals Nio on Tuesday claimed narrowing losses in the third quarter, but gave a profits forecast below market expectations. This is how […]
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Chinese Tesla rival Nio cuts 10% of workforce as CEO predicts ‘intense competition’
Nio’s ET5 stands on exhibit at the Central China International Vehicle Exhibit on May 25, 2023, in Wuhan, China. Getty Images | Getty Photographs News | Getty Photos Chinese electrical carmaker Nio plans to lower 10% of its workforce amid “intense levels of competition,” CEO William Li claimed Friday. The career cuts will be completed […]
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Nissan CEO weighs in on how the EV market has changed since Covid
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 25, 2023. Tomohiro Ohsumi | Getty Images Nissan Motor‘s CEO says that when it comes to electric vehicles, the world has changed a lot since Covid […]
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Chinese EV startups Xpeng, Li Auto supply a report selection of cars and trucks in Oct
Xpeng reveals its G6 SUV at a major auto display in Shanghai on April 18, 2023. Vcg | Visual China Team | Getty Pictures BEIJING — Chinese electric automobile providers Xpeng and Li Automobile just about every sent a file variety of automobiles in October, according to organization releases late Wednesday. Xpeng said it delivered […]
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Chinese smartphone maker Xiaomi releases a new functioning program as it programs motor vehicle integration
The Xiaomi HyperOS logo is shown on a smartphone. Sopa Photos | Lightrocket | Getty Photos BEIJING — Chinese smartphone and equipment maker Xiaomi declared late Thursday a new running technique — as it seeks to develop its ecosystem with the imminent release of its very own automobile. Xiaomi shares rose a lot more than […]
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