Chinese Auto Market
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Volkswagen's Skoda To Exit Chinese Market By 2026 Due To Falling Sales
Skoda will exit China by mid-2026 after sales collapsed amid the EV shift, with the brand now prioritising India and Southeast Asia for future growth.
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"Have you Seen Their Car?" Elon Musk's Mockery Of Chinese Rival BYD Backfires
Over a decade ago, a confident Elon Musk laughed dismissively when asked if Chinese automaker BYD could become a serious competitor to Tesla in the electric vehicle (EV) market.
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Chinese Auto Market Shifts Towards Affordable Domestic Cars Over Premium Imports
Chinas luxury car demand declines as economic slowdown and shifting preferences hurt European automakers sales.
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Xiaomi Unveils YU7 Electric SUV With China Launch Set for Next Year
Xiaomi announced its latest electric vehicle (EV) dubbed the Xiaomi YU7 for the Chinese markets on Tuesday. It is expected to join the Chinese company’s growing fleet of electric cars that currently include the SU7. Although specifics are yet to be revealed, the Xiaomi YU7 is anticipated to be its SUV offering that will aim to take on the likes o...
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Xiaomi Launches SU7 Electric Car in China as Smartphone Maker Takes Aim at EV Giant Tesla
Chinese smartphone maker Xiaomi launched a sporty electric car on Thursday with styling cues drawn from Porsche and priced below Tesla's Model 3, highlighting the stiff competition from new entrants in an already crowded EV market in China.
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JSW Group Said to Be in Talks to Get Licence for Technology to Build EVs in India
India's steel-to-energy JSW Group is in early talks with Chinese automaker Leapmotor to license technology to build electric vehicles in India, according to people familiar with the discussions. Under the technology licensing agreement, JSW would use Leapmotor's platform to manufacture EVs in India under its own brand name.
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Xiaomi Says EV Plans Running Ahead of Schedule Amid Revenue Drop Report
Chinese smartphone maker Xiaomi reported a 4 percent revenue drop in the second quarter, tracking a shrinkage in China's handset market, but said its move into making electric vehicles was running ahead of schedule. Sales dropped to CNY 67.4 billion (nearly Rs. 76,450 crore) from CNY 70.17 billion (nearly Rs. 80,650 crore) in the same quarter a ye...
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Micromax Exploring Electric Vehicle Venture Following Decline in Smartphone Sales, Layoffs: Report
Micromax is reportedly working towards foray into electric vehicles (EV) market in India, after the smartphone maker has faced stiff competition from Chinese brands. The firm's upcoming venture will initially focus on two-wheeler EVs, according to a report, suggesting it will compete with Indian brands in a crowded market.
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Tesla in India: How the Automaker Could Enter World's Third-Largest Market With No Threat From Chinese Rivals
Tesla could benefit from increased scrutiny on Chinese brands like BYD in India, and the EV maker has received a red-carpet welcome from the government. The Elon Musk-led firm could enter the world's third-largest auto market without facing competition from BYD like it does in other markets — like Thailand. Tesla reportedly plans to build a low-c...
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Tesla Raises Prices For Some Model Y Cars In China
Tesla Inc has raised the price for some Model Y cars for the Chinese market, its website showed.
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Volkswagen's Skoda To Exit Chinese Market By 2026 Due To Falling Sales
Skoda will exit China by mid-2026 after sales collapsed amid the EV shift, with the brand now prioritising India and Southeast Asia for future growth.
-
"Have you Seen Their Car?" Elon Musk's Mockery Of Chinese Rival BYD Backfires
Over a decade ago, a confident Elon Musk laughed dismissively when asked if Chinese automaker BYD could become a serious competitor to Tesla in the electric vehicle (EV) market.
-
Chinese Auto Market Shifts Towards Affordable Domestic Cars Over Premium Imports
Chinas luxury car demand declines as economic slowdown and shifting preferences hurt European automakers sales.
-
Xiaomi Unveils YU7 Electric SUV With China Launch Set for Next Year
Xiaomi announced its latest electric vehicle (EV) dubbed the Xiaomi YU7 for the Chinese markets on Tuesday. It is expected to join the Chinese company’s growing fleet of electric cars that currently include the SU7. Although specifics are yet to be revealed, the Xiaomi YU7 is anticipated to be its SUV offering that will aim to take on the likes o...
-
Xiaomi Launches SU7 Electric Car in China as Smartphone Maker Takes Aim at EV Giant Tesla
Chinese smartphone maker Xiaomi launched a sporty electric car on Thursday with styling cues drawn from Porsche and priced below Tesla's Model 3, highlighting the stiff competition from new entrants in an already crowded EV market in China.
-
JSW Group Said to Be in Talks to Get Licence for Technology to Build EVs in India
India's steel-to-energy JSW Group is in early talks with Chinese automaker Leapmotor to license technology to build electric vehicles in India, according to people familiar with the discussions. Under the technology licensing agreement, JSW would use Leapmotor's platform to manufacture EVs in India under its own brand name.
-
Xiaomi Says EV Plans Running Ahead of Schedule Amid Revenue Drop Report
Chinese smartphone maker Xiaomi reported a 4 percent revenue drop in the second quarter, tracking a shrinkage in China's handset market, but said its move into making electric vehicles was running ahead of schedule. Sales dropped to CNY 67.4 billion (nearly Rs. 76,450 crore) from CNY 70.17 billion (nearly Rs. 80,650 crore) in the same quarter a ye...
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Micromax Exploring Electric Vehicle Venture Following Decline in Smartphone Sales, Layoffs: Report
Micromax is reportedly working towards foray into electric vehicles (EV) market in India, after the smartphone maker has faced stiff competition from Chinese brands. The firm's upcoming venture will initially focus on two-wheeler EVs, according to a report, suggesting it will compete with Indian brands in a crowded market.
-
Tesla in India: How the Automaker Could Enter World's Third-Largest Market With No Threat From Chinese Rivals
Tesla could benefit from increased scrutiny on Chinese brands like BYD in India, and the EV maker has received a red-carpet welcome from the government. The Elon Musk-led firm could enter the world's third-largest auto market without facing competition from BYD like it does in other markets — like Thailand. Tesla reportedly plans to build a low-c...
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Tesla Raises Prices For Some Model Y Cars In China
Tesla Inc has raised the price for some Model Y cars for the Chinese market, its website showed.
