China Market Update: Local Carmakers Beat Out Tesla As Sales Surge In February, Xpeng Says Flying Cars Possible By 2026
Asian equities were mixed but mostly lower overnight following the selloff on Wall Street. Indonesia, Korea, and Thailand ...
China Cools on Musk: ‘Two Cars for the Price of One Tesla’
Elon Musk, the company’s chief executive, is fast losing out to Chinese electric carmakers in Tesla’s second-most-important ...
Tesla loses $127 billion in one-day market bloodbath as China car group questions Musk’s pursuit of ‘personal glory’
Monday’s plunge erased about $127 billion from the carmaker’s market value. Tesla has now lost all its gains since November’s ...
China's car sales rise 1.3% in first two months of 2025
China's car sales inched up 1.3% in the first two months of 2025 from the same period a year earlier, as an expanded customer ...
China is selling loads of cars in Russia — and Moscow is not too happy
Chinese automakers such as Chery and Geely sold more than a million cars in Russia last year, prompting Moscow to increase ...
Elon Musk’s proximity to Trump could work against him in Tesla’s number-two market
As the world’s richest person, Elon Musk isn’t short of opportunity. From TikTok to Nissan, his name comes up time and again ...
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Chinese automotive market struggles with smart driving technology disparities and declining values of used vehicles
China's automotive market has been embroiled in a price-cutting war, evolving from a tussle between new energy vehicles and ...
What International Car Companies Seeking Success In China Need To Know
China represents the largest market for Western car companies operating globally. Success in this market requires ...
Tesla Is Flailing in China and BYD’s Rapid Rise Is to Blame
Tesla Inc.’s business in China is trending as though its best days in the world’s biggest electric vehicle market may be ...
China leads increased EV purchases as EU tariffs start to hit
China in February again led purchases of electric vehicles, which increased worldwide versus a year ago, even as European ...
Toyota launches its cheapest smart EV in China, aims to up market share
Japan's Toyota began selling a $20,000 smart electric car in China this week, aiming to attract buyers with its advanced ...
How China pulled ahead to become the world leader in electric vehicles
Chinese EV makers have opened up a vast and, some experts say, unassailable lead in the global market despite American and European efforts to level the field.