$ZE594-CN News

Last published 11mo ago

11mo agoTSLA 9866-HK 2015-HK 1810-HK+5Here's what's behind Tesla’s 3-year sales low in ChinaCNBCTesla sales in China dropped to a three-year low in October and the electric vehicle maker could see its first full-year sales decline in the country this year.
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.
2y agoZE594-CN 9866-HK BIDUChina's robotaxi push sparks job loss fears among drivers. Experts say it can create new jobs tooCNBCExperts say that new technology often displaces jobs when it enters the market, but it can also create new jobs.
2y ago175-HK 9868-HK ZE594-CNMore Chinese EV makers debut in Singapore as the city-state boosts adoption with incentives, more charging pointsCNBCMore Chinese electric vehicle brands are launching in Singapore as the government pushes for EV adoption with extended incentives and charging points.
2y agoZE594-CN UBER TSLAUber to start using BYD cars in Europe, Latin America and develop 'autonomous-capable vehicles'CNBCUber plans to use 100,000 electric BYD cars on its ride-hailing platform, starting in Europe and Latin America, the two companies announced Wednesday.
2y agoRNO-FR 7201.T-JP 8058.T-JP TSLA+3Self-driving tech company WeRide accelerates global expansion as transportation industry adopts AICNBCWeRide said it is the only company which has driverless permits from the U.S., China, UAE and Singapore, and plans to enter more markets.
2y agoZE594-CN TSLAChina's BYD is set to take Tesla's crown as the world's No. 1 producer of battery electric vehiclesCNBCCounterpoint Research on Tuesday said China "remains a dominant force in the BEV market" with BYD leading the way.
2y agoF ZE594-CN TSLAFord CEO says a profitable $30,000 EV is coming in two and a half yearsCNBCFarley said its main competitors are expected to be Chinese automakers such as BYD and an anticipated entry-level car from U.S. EV leader Tesla.
2y agoGM ZE594-CN NIOChinese automakers expected to achieve 33% global market share by 2030CNBCChinese automakers are expected to continue to rapidly expand outside of China to achieve 33% of global automotive market share by 2030.
2y agoSTLA GM F ZE594-CN+2Top BofA auto analyst says Detroit automakers need to exit China as soon as possibleCNBCThe rise of local Chinese automakers such as BYD and Geely has put growing pressure on Detroit automakers.
2y ago.HSI ZE594-CN 175-HK 9866-HK+2Chinese EV stocks surge after EU slaps up to 38% additional import tariffsCNBCHong Kong's Hang Seng index surged 1.23% at the open, powered mostly by gains in EV stocks.
2y agoXPEV NIO ZE594-CN TSLAChinese EV makers continue aggressive push into Europe under growing threat of tariffsCNBCNio, Xpeng and BYD have continued their European expansion even as an ongoing EU probe into Chinese electric vehicle subsidies could result in tariffs.
2y agoGM TSLA ZE594-CNRollback in IRA's EV incentives would benefit China, says GM board memberCNBCThe IRA includes incentives for EV buyers as well as support for carmakers and suppliers to produce all-electric vehicles and their components in North America.
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 ZE594-CNChina-made vehicles will comprise a quarter of Europe's EV sales this year, study showsCNBCThe share of made-in-China vehicles in the region is expected to rise to just over 25% in 2024, according to T&E research.
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 ZE594-CNTesla rival BYD launches electric supercar that could take on Ferrari — for $233,000CNBCChinese automaker BYD is set to bring an electric supercar that can hit speeds similar to high-end models by industry giants like Ferrari.
2y agoTSLA ZE594-CNTesla upgrades Model Y in China as BYD competition heats upCNBCThe Tesla Model Y in China will come with Hardware 4.0 (HW 4.0) — a set of cameras, sensors and computer — free of charge when a customer purchases the car.
2y agoTSLA ZE594-CNTesla shares drop 8% after company warns of slowdown in 2024CNBCTesla said vehicle volume growth in 2024 "may be notably lower" than last year's growth rate.
2y agoGM F STLAM-IT ZE594-CN+4Why China poses a growing threat to the U.S. auto industryCNBCChinese companies are releasing new models in record times, and many are producing EVs efficiently and profitably.
2y ago9866-HK NIO XPEV LI+2China's EV carmaker Nio jumps 4% after reporting narrower-than-expected lossesCNBCNio is facing stiff competition from other startups like Xpeng and Li Auto, as well as from giants such as Tesla and BYD.
2y agoBRK.A DJCO ZE594-CN COST+3Charlie Munger was still picking and holding winners into his 90s. Here are some of his favoritesCNBCHere are some of Munger's moves that he was still publicly supporting and profiting from in 2023.
2y agoVOW-DE TSLA ZE594-CN TMChina's transition to EVs is so fast that Volkswagen is on track for its worst local sales in yearsCNBCVolkswagen is on track for its smallest year of China sales since 2012, according to CNBC analysis of public data for the first three quarters of the year.
3y agoSTLAM-IT undefined ZE594-CN TSLA+4Jeep, Dodge maker Stellantis to invest $1.6 billion in Chinese EV startup LeapmotorCNBCStellantis is looking to boost its presence in China where it is a small player, while Leapmotor has ambitions to expand aggressively into Europe.
3y agoAAPL 2354-TW 2330-TW TSLA+2Apple supplier Foxconn says it's 'way too late' to chase dominance in cutting-edge chipsCNBCApple iPhone supplier Foxconn said that its semiconductor strategy is to focus on specialty chips, instead of competing in the race for cutting-edge chips.
3y agoZE594-CN XPEV BMW-FF F+3Chinese electric carmakers ramp up push overseas, setting up clash with U.S., European auto giantsCNBCChinese companies from BYD to Leapmotor launched electric vehicles for international markets while Xpeng announced plans to expand into Germany.
3y agoORCL T VZ BBY+8Stocks making the biggest moves premarket: Oracle, AT&T, Best Buy and moreCNBCThese are the stocks posting the largest moves in midday trading.
3y ago9868-HK XPEV LI NIO+2Chinese Tesla rival shares dive 5% after it forecasts a plunge in car deliveriesCNBCXpeng has been hurt by a tough macroeconomic situation in China as well as rising competition from Tesla, BYD and electric car startups.
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 agoBTC.CB 2330-TW ZE594-CN TSLA+2CNBC Daily Open: U.S. stocks don't seem bothered by inflation, ignore jump in retail salesCNBCJanuary's retail sales, like the months' jobs report and consumer price index, were higher than expected. But stocks don't seem concerned anymore.
3y ago2330-TW ZE594-CN TSLACNBC Daily Open: U.S. stocks don't seem concerned about inflation, disregard jumping retail salesCNBCJanuary's retail sales, like the months' jobs report and consumer price index, were higher than expected. But stocks don't seem concerned anymore.
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 agoZE594-CN BRK.A TSLA 9866-HK+4BYD is selling so many electric cars it's become one of the top three automakers in ChinaCNBCBYD's growing sales for various models have helped the company climb into the ranks of the top three brands in China by passenger car sales so far this year.
4y agoZE594-CN TSLA 9866-HK 9868-HK+1Shares of Chinese EV maker BYD jump after exec says company is set to supply batteries to TeslaCNBCA senior executive at China's BYD said during a Chinese state media interview that the firm is poised to supply Tesla with batteries "very soon."
4y agoTSLA ZE594-CN 9868-HK GM+3China's EV makers could see a 'shake down' as they hike prices on rising material costsCNBCTesla and BYD are better positioned to weather rising prices due to their strong supply chains, analysts said, while low-cost players could struggle.
4y agoRIVN ZE594-CN TSLARivian will follow Tesla and change the type of battery cells it uses in standard packsCNBCLithium iron phosphate (LFP) battery cells do not require any nickel or cobalt, which can be expensive or hard to obtain.
4y ago9868-HK NIO ZE594-CN TSLAChinese EV maker Xpeng to open first retail store in Europe in biggest international push yetCNBCXpeng's push into Europe with retail stores marks its most significant international expansion drive yet as it aims to sell half of its cars outside of China.
4y agoTSLA ZE594-CN NIO 104-SZ+2Here's the full list of the best-selling electric cars in China for 2021CNBCTesla and BYD remained market leaders in China's electric car market last year, while new competitors emerged, according to the China Passenger Car Association.
4y agoNIO TSLA ZE594-CN 9868-HKChinese electric car start-up Nio reveals a new sedan, augmented reality glassesCNBCChinese electric car company Nio revealed Saturday a new sedan and custom augmented reality glasses that reduce the need for in-car screens.
4y ago9868-HK TSLA NIO ZE594-CNChinese Tesla rival Xpeng wants to sell half of its cars overseasCNBCChinese electric car start-up Xpeng wants half of its vehicle deliveries to go outside China, vice president and chairman Brian Gu said Wednesday.
5y agoZE594-CN TSLA VOW3-DE NIO+1Consumers in China pick their 3 favorite electric cars — and only one is ChineseCNBCAmong the top brands were one from China, one from the United States and one from Germany.
5y agoZE594-CNWhat to look for as Chinese EV makers like BYD, Nio, Xpeng roll out earningsCNBCChina's best-known electric car companies are set to release quarterly earnings over the next few weeks, beginning with BYD on Thursday.
5y agoTSLA 9868-HK NIO GM+3Here are the best-selling electric cars in China so far this yearCNBCTesla took two of the top three spots for best-selling electric car models in the first three quarters of the year, the China Passenger Car Association said.
5y ago708-HK NIO ZE594-CN TSLA+1Evergrande plans to roll out electric cars in 2022, sending shares of its auto unit 6% higherCNBCEvergrande pledged to push forward with mass production of its Hengchi-branded electric cars.
5y ago9868-HK NIO TSLA ZE594-CN+1Tesla took 12 years to build 100,000 cars. China's Xpeng and Nio took about half that timeCNBCChina's electric car companies are racing to ramp up production, faster than Tesla did in its early days.
5y agoZE594-CN NIO L87A-FF 9868-HKWarren Buffett-backed electric carmaker BYD sees August sales surge more than 300%CNBCBYD sold 61,409 new energy vehicles in August, more than four times the amount sold a year ago.
5y agoL87A-FF 9868-HK BABA 9999-HK+4Nasdaq-listed Chinese electric carmaker Li Auto to raise up to $1.93 billion from Hong Kong listingCNBCLi Auto, which is listed on the Nasdaq, said it will offer 100 million class A ordinary shares to investors at a price of no more than 150 Hong Kong dollars.
5y agoTSLA 175-HK GM ZE594-CN+1Next step for EVs: Design batteries to strengthen car, extend rangeCNBCAutomakers and battery manufacturers are racing to develop new electric-vehicle batteries that can reinforce body structures and offer longer driving range.