Elon Musk’s automaker has been backsliding in China for the past five consecutive months on a year-on-year basis.
Li Auto’s Q1 revenue guidance forecasts a YOY decline between 8.7% and 3.5%, marking its first revenue decline in years.
Sources say the new EV will be a smaller Model Y, with mass production starting in 2026. Local rivals like BYD are eroding ...
Hong Kong stocks rose on Friday, halting a five-day slump, as investors resumed buying tech companies on optimism advances in ...
U.S.-listed shares of Li Auto are falling 3% in intraday trading Friday after the Chinese electric vehicle manufacturer ...
According to the Weibo Post from BYD, its next launch event will take place this coming Monday, March 17 at 7 PM Beijing time (7 AM EDT). The post was translated to English, but essentially promises ...
Tesla plans to release an affordable version of Model Y in Shanghai by 2026, using existing production lines and targeting ...
Car sales edged up slightly in the first two months of 2025, aided by government subsidies and a growing appetite for electric vehicles (EVs). The world’s largest auto market is experiencing fierce ...
Contemporary Amperex Technology Co. Ltd. posted record annual earnings for 2024, the strong financials further evidence of ...
The company won investors over by duplicating its smartphone success in China’s crowded EV market. Now it needs to show that ...
CATL reported 15% growth in 2024 net profit, the slowest pace in six years, as a prolonged price war in China's electric ...
Chinese plug-in hybrid specialist Li Auto reported lower net profit for the fourth quarter despite record revenue as a brutal price war hurt its bottom line. The Beijing-based carmaker said Friday ...