The layoffs should be around 10 percent, with some variation by region, according to a local media report. Onvo president Alan Ai has made few appearances since January's sales missed expectations, ...

BYD will unveil its Super e-Platform on March 17, and the 1,000-kW supercharging technology with twice the charging power of Tesla's V4 Supercharger. BYD will also begin pre-sales of the Han L sedan ...

BYD Changsha is the fifth in BYD's fleet and its second car carrier with a capacity of 9,200 vehicles. BYD's fleet previously included BYD Explorer No.1, BYD Hefei, BYD Changzhou, and BYD Shenzhen.

Li Auto will launch two all-electric SUVs this year, including the Li i8 in July and another model, the Li i6, in the second half of the year. (Li i8. Image credit: Li Auto) Li Auto (NASDAQ: LI) today ...

Tesla has begun offering free FSD experience in China for a limited period of one month to owners who have not purchased the FSD (Full Self-Driving) software package, in an attempt to boost adoption ...

BYD is considering building its third European car assembly plant in Germany as it looks to as build brand awareness and acceptance, according to Reuters. BYD is currently building two NEV plants in ...

The compact electric SUV Sealion 05 EV will be based on an all-new platform with a rear drive powertrain. The Sealion 05 EV will be the third model in BYD's Sealion series after the Sealion 07 EV and ...

The U7 is a flagship sedan priced at the 1 million yuan ($138,000) level and will feature groundbreaking technologies, Yangwang said. Its launch event will be held in Shenzhen on March 27 at 7:30 pm ...

FAW-Volkswagen will launch six BEV models, two PHEV models, and two EREV models from 2026. The plan to launch EREVs is interesting, considering that several years ago Volkswagen management was not ...

William Li said Nio is aiming for single-quarter profitability in the fourth quarter and needs to become more rational in cost control, resource allocation, and priority setting. He asked staff to ...

Hesai will break ground on its first overseas project by the end of this year, with production targeted for 2026, according to the Financial Times. Hesai said last week that it had a multi-year ...

The latest target is up 50,000 units, or 16.67 percent, from Xiaomi EV's previous target of 300,000 units. Xiaomi EV has been ramping up production capacity, and some progress has been made, Xiaomi ...