The European Union is weighing minimum prices for electric vehicles exported to the bloc from China, signaling a thaw in trade tensions even as the US presses Europe to take a tougher line on Beijing.
The European Union is weighing minimum prices for electric vehicles exported to the bloc from China, signaling a thaw in trade tensions even as the US presses Europe to take a tougher line on Beijing.
Xiaomi Corp. is looking to build on a breakout year for its electric vehicle business, raising its delivery target to 550,000 units in 2026 as it seeks to boost its share of China’s fiercely competitive market and make inroads overseas.
Xiaomi Corp. is looking to build on a breakout year for its electric vehicle business, raising its delivery target to 550,000 units in 2026 as it seeks to boost its share of China’s fiercely competitive market and make inroads overseas.
A Xiaomi Corp. YU7 electric SUV on display at one of the company's stores in Shanghai.
BYD Co. met its full-year sales target and likely surpassed Tesla Inc. to become the world’s largest electric-vehicle maker in 2025 — milestones overshadowed by a challenging outlook for the Chinese auto market in the year ahead.
BYD Co. met its full-year sales target and likely surpassed Tesla Inc. to become the world’s largest electric-vehicle maker in 2025 — milestones overshadowed by a challenging outlook for the Chinese auto market in the year ahead.
Electric vehicles on the assembly line at the BYD Co. factory in Zhengzhou, China. Photographer: Qilai Shen/Bloomberg
Porsche AG plans to shutter its proprietary charging network for electric vehicles in China as the brand continues to lose share in the world’s largest auto market.
Porsche AG plans to shutter its proprietary charging network for electric vehicles in China as the brand continues to lose share in the world’s largest auto market.
BAIC Motor Corp. and Changan Auto Co. rose Tuesday after the two state-controlled automakers received China’s first permits for Level 3 advanced driver assistance, allowing conditional driverless operations in designated areas.
BAIC Motor Corp. and Changan Auto Co. rose Tuesday after the two state-controlled automakers received China’s first permits for Level 3 advanced driver assistance, allowing conditional driverless operations in designated areas.
Car sales in China fell for a second month — a rare decline in what’s usually the busiest time of the year — as automakers’ discounts failed to make up for the end of a trade-in subsidy that had underpinned the market.
Car sales in China fell for a second month — a rare decline in what’s usually the busiest time of the year — as automakers’ discounts failed to make up for the end of a trade-in subsidy that had underpinned the market.
A worker assembles a car engine at a facory in Wuhu, China.
Pony AI Inc. shares rose for a third day in Hong Kong trading, arresting a steep decline since listing three weeks ago, after the robotaxi firm said its Guangzhou operations had broken even on a per-car basis in an early indication its business model is sustainable.
Pony AI Inc. shares rose for a third day in Hong Kong trading, arresting a steep decline since listing three weeks ago, after the robotaxi firm said its Guangzhou operations had broken even on a per-car basis in an early indication its business model is sustainable.
The Gen 7 robotaxi, the latest model from Pony AI, operating in Guangzhou. Source: Pony AI Inc.
Pony AI Inc. shares rose for a third day in Hong Kong trading, arresting a steep decline since listing three weeks ago, after the robotaxi firm said its Guangzhou operations had broken even on a per-car basis in an early indication its business model is sustainable.
Pony AI Inc. shares rose for a third day in Hong Kong trading, arresting a steep decline since listing three weeks ago, after the robotaxi firm said its Guangzhou operations had broken even on a per-car basis in an early indication its business model is sustainable.
The Gen 7 robotaxi, the latest model from Pony AI, operating in Guangzhou. Source: Pony AI Inc.
Xiaomi Corp. now expects to deliver more than 400,000 cars this year, showing accelerating momentum from an electric vehicle business that’s become profitable much faster than its peers.
Xiaomi Corp. now expects to deliver more than 400,000 cars this year, showing accelerating momentum from an electric vehicle business that’s become profitable much faster than its peers.
A Xiaomi YU7 electric SUV. Photographer: Qilai Shen/Bloomberg
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