Tesla’s China shipments hit record in September
Austin Mayor Steve Adler on Tesla moving its headquarters to the city, why it’s a ‘desirable place’ and his meeting with Elon Musk. Tesla Inc.’s shipments of China-made vehicles hit a record in September. The electric-car maker reported shipments from…
Tesla price hike, GM electric pickups, $9,000 EV for China, Midwest charging: Today’s Car News
Tesla raised prices sharply on Model 3 and Model Y. Geely is introducing a sub-$10,000 electric crossover in China. Governors in the U.S. Midwest agree on the need for more EV charging. And GM gives another glimpse of its more affordable electric…
Why China Evergrande Group Stock Rose Today
What happened Shares of beleaguered Chinese property behemoth China Evergrande Group (OTC:EGRN.F), as well as the China Evergrande Group (OTC:EGRN.Y) American depositary receipts, popped early today, rising 2.8% and 9.1%, respectively, as of 9:35 a.m.…
Xiaomi Civi launched: A lightweight phone for selfie fans (Updated: China only)
TL;DR Xiaomi has launched its new Civi smartphone in China. The device seems to be a successor to the CC series. Expect a slim, light design and a focus on selfies. Update: September 28, 2021 (1:15 AM ET): Xiaomi has now confirmed to Android Authority…
China Evergrande’s Electric Car Unit’s Shares Tumble 26% After Warning | Investing News
HONG KONG (Reuters) -Shares of China Evergrande’s electric car unit plunged as much as 26% on Monday after it warned it faced an uncertain future unless it got a swift injection of cash and after it said it will not proceed with plans to issue RMB…
Deserted Factories Show How China Electric Car Boom Went Too Far
(Bloomberg) — Visitors to Byton Ltd.’s website are greeted with color-saturated images of shiny electric cars gliding along manicured streets. Those paying a visit to the automaker’s factory in Nanjing, eastern China may be less impressed. The…
GM Stock Rises As Auto Giant Makes Self-Driving Bet In China To Catch Up With Xpeng, Nio
General Motors (GM) will invest in Chinese self-driving startup Momenta, as it looks to catch up with China’s Nio (NIO) and Xpeng Motors (XPEV) whose “smart” electric cars are resonating with local consumers. GM stock rose. X On…
Xiaomi has launched the 2021 Redmi G Gaming Laptop in China
© Reuters Xiaomi has launched the 2021 Redmi G Gaming Laptop in China Xiaomi has launched an upgraded version of last year’s Redmi G gaming laptop in China. The new variants come in two flavours. You can choose between Intel and AMD versions of the…
Li Auto Stock: Is It A Buy? China Woes Send Shares To Critical Level
Chinese electric-car maker Li Auto (LI) skyrocketed by triple digits just months after its July 2020 Nasdaq debut, as Wall Street placed big bets on EV stocks and the future of mobility. Many of last year’s highflying stocks experienced huge…
Embattled China property giant sparks economy fears
Evergrande is currently building a new stadium for its football team, Guangzhou FC Chinese company Evergrande has started to repay investors in its wealth management business with property, as the world’s most indebted real estate developer faces a…