It’s an example of what Chinese officials decry as “disorderly” competition – and it extends beyond the EV sector to other Chinese industries like solar panels, e-commerce and food delivery.
China will tighten exports of electric vehicles starting next year by requiring automakers to obtain export permits, the Commerce Ministry said Friday.
China’s electric-vehicle sector has become increasingly competitive amid a long-running price war. The number of brands ...
China’s electric vehicle makers are dumping cars overseas while their home turf turns into a financial bloodbath. Ji Yue, ...
The move aims to promote the “healthy development” of the country’s EV industry Read more at The Business Times.
Chinese electric vehicle (EV) stocks NIO (NYSE: NIO) and Li Auto (NASDAQ: LI) slipped Friday following news that Beijing ...
Shares in Chinese electric vehicle maker BYD slid by as much as 8% on Monday after it reported a drop in profit because of a ...
China unveiled a plan to "stabilise" growth in its auto sector in the face of a price war between competitors and export woes, state media reported.
China is targeting 32.3 million in vehicle sales in 2025, the country's industry ministry said, below the 32.9 million units projected for the year by the China Association of Automobile Manufacturers ...
Chinas EV champion BYD has suffered a massive $45 billion stock sell-off, losing more than 30% of its market value in just ...
Government policies that prioritize production targets over market demand have led to overinvestment by carmakers. The ...