$1211-HK News

Last published 1mo ago

1mo agoGOOGL TSM 1211-HK 1127-SZHuawei doubles down on smartphones as EV sales slowCNBCChinese tech company Huawei wants to rebuild its consumer business after U.S. sanctions halved segment revenue.
2mo ago1211-HK BYDBYD shares slide as fierce China competition dents first-half earningsCNBCBYD shares slid after the automaker released its latest results on Friday, despite higher second-quarter profit and overseas growth.
4mo agoBYDDF 1211-HK 1810-HKShares of BYD and Xiaomi surge as June delivery figures fuel optimismCNBCHong Kong-listed shares of Chinese electric vehicle makers surged, after companies posted June vehicle data that helped to buoy investor sentiment.
4mo ago1211-HKSecond worker dies at BYD's Hungary factory already under scrutiny for labor practicesCNBCA second worker died at the construction site of BYD's electric vehicle factory in Hungary, CNBC has learned.
5mo ago1211-HK 9863-HK TSLATesla's China-made EV sales jump nearly 40% in May as domestic market reboundsCNBCSales of Tesla's China-made electric vehicles rose by nearly 40% in May amid a broader recovery in the country's competitive market.
6mo ago1211-HK 9863-HK 175-HK 1810-HK+4BYD's passenger EV sales drop for an eighth month as competition heats upCNBCBYD's deliveries fell for an eighth straight month in April, while Stellantis-backed Leapmotor logged a record number of deliveries
6mo agoNIO BABA MBG-FF 104-SZ+3China’s EV price war turns into AI arms race beyond cheaper carsCNBCChinese EV firms are rapidly rolling out in-car AI features to gain an edge, but as the price war drags on, those technologies are quickly becoming commoditized.
6mo agoBYDDF 1211-HK RNO-FRBYD draws EU scrutiny over labor abuse allegations at Hungary factoryCNBCBYD has come under scrutiny from European lawmakers after a watchdog report alleged harsh working conditions at its Hungary plant.
6mo ago1211-HK BABA NVDAAlibaba’s Qwen AI is coming to cars, allowing drivers order food and book hotels by voiceCNBCAlibaba is rolling out its Qwen AI across multiple car brands, promising hands-free features like ordering meals and managing deliveries from the driver’s seat.
7mo ago1211-HK YUMCFast food, faster charging? BYD and KFC China collaborate to offer 9-minute refueling stationsCNBCBYD announced Wednesday a partnership with KFC China to develop a network of "nine-minute" drive-thrus across the mainland.
9mo agoTSLA 1211-HK 175-HKTesla maintains competitive showing in China-made EV sales despite industry headwindsCNBCTesla remained a strong contender in China's electric vehicle scene, as the company's China-produced EV sales grew modestly in January from the year before.
9mo ago1211-HK 1810-HK XPEV undefined+1China's EV slowdown persists as BYD posts near two-year low in salesCNBCAt least six major Chinese electric car brands reported a sharp sales drop in January from December, according to CNBC's analysis.
9mo agoTSLA 1211-HK TMTesla lost $15 billion in brand value in 2025 as Musk stepped deeper into politics, research showsCNBCTesla's brand value declined while BYD's surged last year, according to research by Brand Finance
1y agoZE594-CN 1211-HK NVDAChinese EV giant BYD says it has a backup plan if it's cut off from Nvidia chipsCNBCBYD executive Stella Li said BYD has not been told to stop using any Nvidia products.
1y agoZE594-CN TSLA 1211-HK STLA+5Tesla sales plunge 40% in Europe as Chinese EV rival BYD's tripleCNBCTesla faces a number of challenges in Europe including continued intense competition and brand damage from Elon Musk's political involvement.
1y agoTSLA 300750-CN 1211-HKTesla inks first deal to build China's largest grid-scale battery power plantCNBCThe U.S. company posted on the Chinese social media service Weibo that the project would be the largest of its kind in China when completed.
1y ago1211-HK NIO 1810-HKInvolution or evolution? China wants to stop the EV price war, but analysts are doubtfulCNBCThere's a buzzword in China to describe excessive competition, in a race to the bottom: nei juan, or "involution."
1y ago1810-HK XPEV undefined STLA+5Xiaomi delivers record cars in March as winners emerge in China's EV raceCNBCChinese electric vehicle startups Xiaomi, Xpeng and Leapmotor each reported in March delivery volumes that were roughly double of their startup competitors.
1y ago1211-HK TSLAChinese EV giant BYD outpaces Tesla with annual sales of more than $100 billionCNBCChina's BYD reported annual revenue of 777 billion yuan ($107 billion) for 2024, leapfrogging Tesla as competition between the two EV rivals heats up.
1y ago1211-HKBYD shares surge after EV giant announces new fast-charging technologyCNBCBYD shares jumped on Tuesday after the company announced a new technology that allows electric cars to be charged at a far faster rate.
2y agoGM 1211-HK FGM investor day: Cruise, cash and EV profits top of mind for Wall StreetCNBCGeneral Motors will attempt to address investor concerns at a capital markets day Tuesday that it can sustain, if not grow profits.
2y agoTSLA 1211-HK 104-SZ 175-HKChina calls EU tariffs on EVs unfair, says it will take necessary measures to defend industryCNBCBeijing said it continues to believe the EU's probe into China's subsidies for EVs are promoting unfair competition in the name of fair competition.
2y ago9866-HK NIO TSLA 1810-HK+1Tesla's Chinese rival Nio launches a new brand and car that undercuts the Model Y by $4,000CNBCChinese electric car company Nio revealed Wednesday that the first car for its new, lower-priced brand, Onvo, will be about $4,000 cheaper than Tesla's Model Y.
2y agoBIDU TSLA 1211-HKGenerative AI is speeding up human-like robot development. What that means for jobsCNBCChatGPT-like artificial intelligence is speeding up research and bringing humanoid robots closer to reality in China, home to many of the world's factories.
2y ago9866-HK .HSI 1211-HK 2015-HK+2Shares of Nio soar more than 20% as EV deliveries more than double in AprilCNBCHong Kong-listed shares of Chinese electric vehicle maker Nio Inc jumped 20% in early trading, after its vehicle deliveries more than doubled in April.
2y agoTSLA 2015-HK 9866-HK 9868-HK+1Tesla slides 3% in premarket, Li Auto sinks 8% as EV makers slash prices amid fierce competitionCNBCTesla shares sank 2.3% in premarket trading, while China's Li Auto hit an 11-month low after both companies slashed prices of their electric vehicles in China.
2y ago1211-HK ZE594-CN F 7203.T-JP+1China's BYD to launch first electric pickup truck this year in latest challenge to Tesla, FordCNBCBYD plans to launch its first electric pickup truck this year stepping up the Chinese giant's competition with global auto firms from Ford to Toyota.
2y agoTSLA 1211-HK NIO XPEVXiaomi releases electric car $4k cheaper than Tesla's Model 3 as price wars heat upCNBCChinese smartphone company Xiaomi said Thursday it will sell its first car for far less than Tesla's Model 3, as price wars heat up in China's fiercely competitive electric car market.
2y agoZE594-CN TSLA TSLAtsla 1211-HKHow BYD grew from battery maker to electric vehicle juggernaut, overtaking TeslaCNBCWarren Buffet-backed BYD recently became the world’s top EV maker, and has ambitious plans to win over foreign markets with its cost-competitive cars.
2y agoZE594-CN TSLA 1211-HKChina's BYD pushes into emerging markets amid policy uncertainty in the U.S., EuropeCNBCFollowing some immediate sales success in new markets last year, BYD is expanding its production and presence in several emerging markets.
2y agoTSLA 2015-HK 9866-HK 9868-HK+3China EV shares are feeling the heat as price war concerns growCNBCChina's EV market, which is the world's largest and most crowded, is seeing fierce competition to win market share through promotions and price cuts.
2y ago9866-HK 9868-HK 2015-HK 1211-HK+3China's EV stocks start 2024 in reverse gear as price wars pressure profitabilityCNBCContinuing price war and intensifying competition in the market have put profitability under pressure for China's EV makers.
3y agoTSLA F NIO XPEV+1Tesla hikes prices in U.S., China and other markets after multiple cutsCNBCTesla increased the price of vehicles including its Model 3 and Model Y in the U.S., China, Canada, and Japan.
3y agoLI XPEV TSLA GOOGL+3China's EV players are starting to compete on driver assist techCNBCCompanies in China are playing up assisted driving technology as a way to compete in the hot electric car market.
3y agoTM 1211-HKToyota reveals two more electric cars for ChinaCNBCToyota this week began taking orders for its first electric sedan in China, and announced two more models are set to come to the local market next year.
3y ago1211-HKChinese EV giant BYD says self-driving tech is more valuable for factories than carsCNBCFully autonomous driving is "basically impossible" and the tech would be better applied to manufacturing, said Chinese battery and electric car company BYD.
3y ago1211-HK BRK.A TSLA MBG-FFWarren Buffett-backed BYD announces new shock absorption tech for premium EVsCNBCElectric vehicle giant BYD is banking on new driver-assist technology to smooth out car rides and get the edge on its EV competition.
3y ago1211-HK ZE594-CN TSLA NIO+5Chinese EV brand Li Auto sees first-quarter deliveries surge by 66%CNBCChinese electric car brand Li Auto delivered more cars in March than Xpeng did in the first quarter, according to company releases.
3y agoTSLA NIO XPEV LI+2Elon Musk says a Chinese automaker will likely be second to Tesla: 'They work the smartest'CNBCTesla has a number of challengers in China, including a slew of start-ups such as Nio, Xpeng and Li Auto. Tesla's biggest rival in China right now is BYD.
3y agoNIO 1211-HK XPEVUpstart Chinese electric car brand delivered more cars than Nio in 2022CNBCAnother budget-priced electric car brand is taking off in China, this time selling compact SUVs.
3y agoTSLA 1211-HK NIO XPEV+1Tesla recalls more than 80,000 cars in China over software and seatbelt issuesCNBCInvestors will be watching for any fallout for Tesla in China — a market that has become increasingly competitive with a number of domestic challengers.
4y ago1211-HK ZE594-CN 1211-HK/Warren Buffett-backed BYD pops more than 5% after Chinese EV maker forecasts surging profitsCNBCBYD, which is backed by Warren Buffett, said sales volumes of its new energy vehicles, which include electric cars, "continued to reach record highs."
4y ago1211-HK TM TSLAChinese electric car giant BYD plans to build a factory in ThailandCNBCChinese electric car and battery giant BYD is planning to build its first wholly invested passenger car factory outside China — in Thailand.
4y agoXPEV BABA 9868-HK TSLA+2Chinese e-commerce giant Alibaba teams up with Tesla rival Xpeng on tech for driverless carsCNBCFor Xpeng, the move marks its ambitions to pull ahead in China's fiercely competitive electric vehicle market and attempt to challenge giants Tesla and BYD.
4y agoBIDU BABA 9988-HK 9888-HK+3Tencent wants to be foreign automakers' go-to company for tech in China's electric car marketCNBCChinese internet giant Tencent wants to sell technology which the company says will help foreign automakers that want to sell cars in China's EV market.