Price wars help spark $157 billion rout in China consumer stocksThe seemingly relentless decline in prices of Chinese goods amid tepid consumer demand is denting expectations that corporate earnings can ...
14 Jan, 2024, 09.38 AM IST
China's Nio launches smartphone that can instruct electric cars to park themselvesChinese electric vehicle company Nio has launched its first car-specific smartphone, the Nio Phone, which offers over 30 car-specific funct...
21 Sep, 2023, 05.07 PM IST
Tesla and Chinese rivals signal truce in brutal EV price warTesla and 15 other automakers, including BYD, Nio, Xpeng, Geely and Chery Automobile, have pledged to avoid a price war and maintain fair c...
06 Jul, 2023, 02.13 PM IST
Abu Dhabi-backed firm to invest $740 million in Chinese EV maker NioNio and peers Xpeng and Li Auto are among the companies competing to grab a larger EV market share in the world's largest automotive market...
20 Jun, 2023, 07.57 PM IST
Elon Musk's bold goal of selling 20 million EVs could cost Tesla billionsTesla has been a disruptor, but this next phase of growth, if achieved, would go beyond disruption to fundamentally remake the global auto ...
30 Aug, 2022, 04.03 PM IST
Xiaomi in talks with Beijing Automotive Group Co to reach goal of making carsThe collaboration could see vehicles built by Beijing Automotive’s EV brand, BAIC BluePark New Energy Technology Co. and co-branded with Xi...
26 Aug, 2022, 12.33 PM IST
'Asian EV makers enjoy some advantages over Tesla'As it has happened in the internal combustion engine (ICE) vehicle industry, the Asian automobile makers are expanding their offering and e...
11 Aug, 2022, 02.04 PM IST
Is anyone actually making electric vehicles?It’s even tougher when costs to produce vehicles are surging. Manufacturers can’t get their hands on parts and sales have been underwhelmin...
25 May, 2022, 09.57 AM IST
Baidu, Pony.ai approved for robotaxi services in BeijingChinese tech group Baidu Inc and self-driving startup Pony.ai have won approval to launch paid driverless robotaxi services that will see t...
25 Nov, 2021, 11.26 AM IST
Tesla’s ‘jaw dropper’ delivery numbers supercharge EV stocksShares of Elon Musk-led Tesla jumped as much as 7% in New York, erasing its year-to-date loss. Nio Inc., XPeng Inc. and Li Auto Inc. were a...
05 Apr, 2021, 08.58 PM IST
Tesla shares worth $1,250 in top scenario: AnalystIves raised his price target for Palo Alto, California-based Tesla to $950 a share from $751 to reflect the stronger demand for electric ve...
15 Jan, 2021, 08.10 PM IST
Electric vehicle maker Tesla to deliver China-made Model Y SUVs this monthChina, which offers hefty subsidies for electric vehicles as it seeks to cut down on pollution from petrol or diesel cars, is key to Tesla'...
01 Jan, 2021, 11.32 PM IST
Volkswagen explores new sales model for electric models in ChinaVolkswagen AG is launching another sales model in China that will see the automaker open showrooms in city centres for electric vehicles (E...
09 Dec, 2020, 10.35 AM IST
Tesla, Nikola, Nio and Fisker: Electric carmakers are in a stock market bubbleTesla’s market value soared past $540 billion this week — equivalent to 250 times its expected earnings this year — meaning it’s now the wo...
28 Nov, 2020, 10.48 AM IST
You think FAANG is distorting the S&P? Consider ATMAt this rate, instead of buying passive funds that track the MSCI index, investors might as well just pile into China’s version of FAANG, k...
01 Sep, 2020, 09.00 AM IST
Chinese EV maker Li Auto files for US listingThe move comes as share prices of EV makers including Tesla Inc and Nio Inc have surged in recent months.
11 Jul, 2020, 07.19 PM IST
- AIG sells Taiwan subsidiary to Primus for $2.15 bn
Insurer American International Group Inc has agreed to sell its nearly 98 percent stake in Taiwan unit Nan Shan to an investor group led by...
13 Oct, 2009, 10.06 AM IST