Chinese EV startups Xpeng, Li Auto deliver record cars in October

Xpeng reveals its G6 SUV at a major auto show in Shanghai on April 18, 2023. Vcg | Visual China Group | Getty Images BEIJING — Chinese electric car companies Xpeng and Li Auto each delivered a record number of cars in October, according to company releases late Wednesday. Xpeng said it delivered 20,002 cars … Read more

Apple supplier Foxconn to focus on specialty tech not cutting-edge chips

A man with a face mask walks past the logo of Foxconn, or Hon Hai Group , which is Taiwans technology giant and the worlds leading producer of semiconductors or chips particularly for Apples devices, amid COVID-19 outbreak , in Taipei, Taiwan, 15 July 2021. Ceng Shou Yi | Nurphoto | Getty Images Apple iPhone … Read more

EU trade chief says the outcome of China EV probe cannot be prejudged

BEIJING — Europe has launched an investigation into Chinese electric vehicle subsidies, but no assumptions should be made about the probe’s outcome, the head of trade for the European bloc’s executive branch said Tuesday. About two weeks ago, the European Commission announced an investigation into government subsidies for EV makers in China. The probe focuses … Read more

Chinese language EV manufacturers Nio, Xpeng, Li Auto preserve tempo with Q3 steering

Pictured here’s a Nio pop-up retailer in Shanghai, China, on Aug. 4, 2023. Nurphoto | Nurphoto | Getty Photographs BEIJING — Chinese language electrical automobile firms Nio, Xpeng and Li Auto delivered sufficient automobiles in August to maintain tempo with their third quarter steering. That is in line with bulletins from the three firms, that … Read more

EV maker VinFast is now price greater than the likes of Ford and GM

BANGKOK, THAILAND – 2023/05/18: VinFast shows its automobiles at Future Power Asia Exhibition 2023 at Queen Sirikit Nationwide Conference Heart. Nathalie Jamois | Lightrocket | Getty Photos VinFast’s shares jumped after its U.S. buying and selling debut, vaulting its whole market worth previous a number of the world’s largest automakers corresponding to Ford, GM, BMW … Read more

Toyota inventory having finest week since 2009 after annual assembly, new EVs

Akio Toyoda, Chairman of Toyota Motor Corp. Yoshikazu Tsuno | Gamma-rapho | Getty Photographs DETROIT – Toyota Motor’s inventory is having its finest week since 2009 following the corporate disclosing plans for its next-generation electrical autos and shareholders voting in favor of its new management, together with former CEO Akio Toyoda as chairman. Shares of Toyota … Read more