New subsidies, dizzying variety for consumers and sluggish demand for EVs in other parts of the world is helping China ...
GM’s CEO Mary Barra told Fortune in October that China’s EV price war “has become a race to the bottom with pricing and the ...
GM reported a $347 million loss from these ventures between Jan. and Sept., compared with a $353 million profit during the ...
GM has lost money in China for three consecutive quarters, with its sales in the country falling 18 percent in the first nine ...
China, once GM’s largest and most important market, has become its biggest problem. General Motors told shareholders on Wednesday that it would record two non-cash charges totaling more than $5 ...
China is the world's largest EV market, but battery-electric pioneers are turning to hybrids in a drive to boost sales abroad ...
General Motors told shareholders on Wednesday that it would record two non-cash charges totaling more than $5 billion on its ...
NVIDIA is reportedly working on Thor: its next-gen chip for EVs of the future, with Chinese EV makers like BYD, SAIC Motors, ...
Xiaomi's SU7, a direct competitor to Tesla's Model 3, has quickly matched or outsold Tesla in China. Read why I'm bullish on ...
BYD has now sold over 3.7 million cars this year, meaning it has smashed its annual target of 3.6 million sales with a month ...
To achieve their annual sales targets amid stiff competition, Tesla and BYD have recently offered discounts. The U.S. EV giant has said it would lower the price on its Model Y car in China and also ...
The figures come against a backdrop in which most major automakers in China have made aggressive moves to boost their ...