Chinese EV maker challenges Tesla's latest cost-cutting move with …
WEB5 days ago · There is officially a new player in the world of electric vehicles, as Chinese automaker NIO has brought a new electric SUV to market.What's more, the new model will likely compete with Tesla's popular Model Y, Electrek reported. Tesla recently dropped the price of the Model Y in the U.S., but the best-seller still costs around $35,000 in China.
Rivian shares fall after EV maker slashes production forecast, …
WEB3 days ago · Shares of Rivian Automotive fell more than 6% in midday trading Friday after the electric vehicle startup lowered its annual production forecast for 2024. Rivian said the lower production target ...
How BYD grew from battery maker to electric vehicle juggernaut ... - CNBC
WEBMar 26, 2024 · Warren Buffett-backed BYD recently became the world’s top EV maker, and has ambitious plans to win over foreign markets with its cost-competitive cars.
Top 10 EV makers Q2 2023: Tesla, BYD, but third may surprise you
WEBAug 17, 2023 · Top EV makers through in Q2 2023. New information from TrendForce shows Tesla was the top EV maker through the second quarter of 2023, with 21.7% of the pie, while BYD is catching up at 16.2%.
Tesla stock slips after EV maker misses estimates on deliveries
WEB5 days ago · Here are the key numbers: Total deliveries Q3 2024: 462,890. Total production Q3 2024: 469,796. Analysts were expecting deliveries of 463,310 in the period ended Sept. 30, according to estimates ...
CATL launches new EV battery that will last 1 million miles
WEBApr 3, 2024 · Leading EV battery maker CATL released its new breakthrough battery pack with up to a nearly 1 million mile (1.5 million km), 15-year warranty.
Volkswagen's $5 bln investment in Rivian boosts EV maker's shares
WEBSAN FRANCISCO, June 25 (Reuters) - German automaker Volkswagen Group (VOWG_p.DE) will invest up to $5 billion in U.S. electric-vehicle maker Rivian (RIVN.O) as part of a new, equally controlled...
The electric car revolution is on track, says IEA | CNN Business
WEBApr 23, 2024 · Global electric vehicle sales are set to rise by more than a fifth to reach 17 million this year, powered by drivers in China, according to the International Energy Agency.
Here’s what you need to know about BYD, the Chinese EV giant ... - CNN
WEBJan 3, 2024 · BYD overtook Tesla as the world’s top seller of electric vehicles (EV) at the end of last year, crowning an extraordinary rise for the Chinese carmaker.
Exclusive: EV maker Nio gets regulatory nod for third factory in …
WEBSHANGHAI, June 5 (Reuters) - Electric vehicle maker Nio has won approval to build a third factory in China that would boost its total approved production capacity to 1 million cars, almost at...