China’s electric vehicle (EV) industry is experiencing explosive growth, with production capacity surging at a pace exceeding …
Electric vehicles (EVs)
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China’s EV market to see price war due to oversupply
by Nada Aliby Nada AliChina’s electric vehicle (EV) market is expected to see a fierce price war erupt this year as …
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S. Arabia’s WAJA, AOI partner to build EVs in Egypt
by Nada Aliby Nada AliSaudi Arabia’s WAJA signed a partnership with the Arab Organisation for Industrialisation (AOI) to establish an electric …
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VW, Xpeng team up to develop affordable EVs for China
by Nada Aliby Nada AliVolkswagen (VW) announced a collaboration with Chinese electric carmaker Xpeng to develop a new electrical architecture specifically …
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Honda unveils new EV brand in China by ’27
by Nada Aliby Nada AliHonda Motor outlined an ambitious plan to launch six next-generation EVs under the new “Ye” brand by …
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Tesla global job cuts reach US, China
by Nada Aliby Nada AliTesla confirmed a major global workforce reduction, impacting employees in sales, technology, and engineering across the company’s …
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China’s Chery to build $880m plant in Vietnam
by Nada Aliby Nada AliChery, a Chinese automaker, has signed a joint venture agreement with a local company to establish an …
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China’s Zeekr to raise $500m in US IPO
by Nada Aliby Nada AliChina’s Zeekr electric vehicle has resumed plans to raise up to $500 million in a New York …
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Xiaomi’s stocks soars after launching 1st EV
by Nada Aliby Nada AliXiaomi’s stock surged 16 per cent on Tuesday after the launch of its new electric vehicle, despite …
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Xiaomi’s 1st EV receives 88.8k pre-orders in 24-hour
by Nada Aliby Nada AliXiaomi’s debut electric sedan, the SU7, faces soaring demand with pre-orders exceeding 88,898 in just 24 hours, …