Tesla shares extend tumble as China shipments halve in February
The US carmaker led by Elon Musk saw shipments plunge 49pc from a year earlier, according to preliminary data that China’s ...
BYD raises $5.6b in share sale, largest in Hong Kong in the past four years
Chinese electric vehicle (EV) giant BYD said on Tuesday that it raised HK$43.5 billion ($5.6 billion) in a share sale, making ...
Stock of the Day: Tesla drops as China-made EV sales plunge 49%
Tesla sold 30,688 China-made vehicles in February, a 49% plunge from a year ago. The data comes shortly after figures showed ...
GAC Aion UT EV Starts At $9,600 And It’s Packing A 260-Mile Range
The Chinese brand says the flagship model is good for 260 miles (420 km) of range.
Foxconn Mega-AI Plant Ready in a Year Despite Trump Tariffs
Foxconn’s planned mega-AI server plant near Guadalajara, Mexico, will complete construction in a year despite the threat of ...
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Tesla's China-made EV Sales Fall to Lowest since August 2022
Asharq Al Awsat Tesla's sales of its China-made electric vehicles dropped 49.2% in February from a year earlier to 30,688 cars, the lowest since August 2022, as the US automaker faces pressure from ...