Top electric-vehicle battery maker Contemporary Amperex Technology Co. Ltd. has tapped the founder and ex-chairman of Zijin Mining Group Co. Ltd. as an advisor for its growing mining business, according to people familiar with the matter.
BYD Co.’s exports and overseas sales climbed 65% in March as surging oil prices due to the Iran war boosted demand for electric cars, though the automaker continues to struggle to regain momentum in the China market.
Electric vehicles on the assembly line at the BYD Co. factory in Henan province, China.
BYD Co.’s exports and overseas sales climbed 65% in March as surging oil prices due to the Iran war boosted demand for electric cars, though the automaker continues to struggle to regain momentum in the China market.
Electric vehicles on the assembly line at the BYD Co. factory in Henan province, China.
BYD Co. signaled to analysts that exports this year will probably beat its previous target by 15%, according to people familiar with the matter, as the world’s biggest electric vehicle maker leans on growth in overseas markets to counter a slump in domestic sales.
Chinese autonomous driving company DeepRoute.ai is considering an initial public offering in Hong Kong, people familiar with the matter said, joining a growing list of tech firms selling shares in the Asian hub.
Tesla Inc.’s China sales recovered in February from a low base last year, as the electric-vehicle maker weathered challenges from a nine-day Lunar New Year lull and gradual phase out of subsidies.
Chinese electric-vehicle maker Nio Inc. reported its first-ever quarterly profit, reaching a milestone that follows a decade of cash burn and lifting the company’s listed shares.
A NIO Inc. ET5T and an ES8 electric vehicles on display at the company's showroom in Beijing. Photographer: Na Bian/Bloomberg
Contemporary Amperex Technology Co. Ltd. shares jumped the most in about six months on Tuesday after the world’s largest maker of electric-vehicle batteries’ earnings beat analyst estimates.
The results solidify CATL’s position as an anchor of the global green energy transition at a time of growing uncertainty for battery makers. Photographer: Alex Kraus/Bloomberg
After nearly a century of Audi AG branding every car with four interlocking rings, the German automaker shed its iconic marker last year in China, betting a sleek, tech-heavy electric vehicle would reignite consumer interest.
An Audi electric vehicle on display at the Shanghai Auto Show on April 24.
Chinese automaker Geely Automobile Holdings Ltd. sold more vehicles than BYD Co. for a second consecutive month, piling pressure on the latter to beef up its lineup and reignite waning demand for electric vehicles.
Geely’s growing lead over BYD shows that a major restructuring to streamline its brands is bearing fruit.
Chinese automaker Geely Automobile Holdings Ltd. sold more vehicles than BYD Co. for a second consecutive month, piling pressure on the latter to beef up its lineup and reignite waning demand for electric vehicles.
Geely’s growing lead over BYD shows that a major restructuring to streamline its brands is bearing fruit.
BYD Co. reported a 41% drop in vehicle sales for February from a year earlier, after a record-long Lunar New Year holiday brought production and retail activity in China to a near standstill for much of the month.
A BYD Co. dealership in Beijing, China, on Tuesday, Aug. 27, 2024. China's top-selling automaker BYD expects overseas deliveries to account for almost half of total sales in the future, suggesting it will continue to set up global production hubs to overcome punishing tariffs.
China is taking aim at stripped-down, screen-dominated car interiors favored by the likes of Tesla Inc. and Xiaomi Corp., requiring that essential safety functions be controlled by physical switches or buttons.
The dashboard of a Xiaomi electric vehicle in Beijing. Photographer: Na Bian/Bloomberg
China has banned carmakers from pricing vehicles below cost, intensifying its crackdown on a persistent price war that’s engulfed the world’s largest auto market.
Nio Inc. shares jumped after the Chinese electric-vehicle maker said it likely posted its first quarterly profit, a watershed moment for a company that has spent years burning through billions of dollars to challenge Tesla Inc. and local rivals.
Employees stand next to a ET7 sedan at a NIO Inc. dealership in Shanghai, China.
Tesla Inc.’s China shipments in January increased 9% from a year earlier, bucking the rocky start that many local electric vehicle makers had in 2026, including top rival BYD Co., which saw sales slip by almost a third.
China banned concealed door handles on electric vehicles, the first country in the world to outlaw a design popularized by Tesla Inc. that is now facing global regulatory scrutiny due to a spate of deadly incidents.
A door handle on a Tesla Model Y at a charging station in San Francisco, California, US, on Monday, Nov. 10, 2025. Tesla Inc. is working on a redesign of its door handles, which have drawn scrutiny over safety incidents that trapped passengers inside their vehicles.
BYD Co. said sales dropped 30% in January, underscoring the challenges facing the electric vehicle maker’s efforts to boost sales just as a winding back of subsidies hurts demand in China.
A BYD Co. Seal electric vehicle, left, at a BYD showroom, operated by Schiller Auto, in Budapest, Hungary, on Monday, May 27, 2024. Chinese EV giant BYD plans to set up its first European car plant in Hungary.
China’s retail sales of new-energy vehicles are set to expand at a slower pace this year as government-backed trade-in subsidies are gradually phased out, removing a key pillar of support for the world’s biggest auto market.
Anmelden
