The Fed keeps rates, markets celebrate
Federal Reserve Board Chairman Jerome Powell speaks during a news conference after a Federal Open Market Committee meeting on November 01, 2023 at the Federal Reserve in Washington, DC. Kevin …
BYD Co Ltd
Chinese EV startups Xpeng, Li Auto deliver record cars in October
Xpeng reveals its G6 SUV at a major auto show in Shanghai on April 18, 2023. Vcg | Visual China Group | Getty Images BEIJING — Chinese electric car companies …
China EV maker BYD reports record quarterly profit of $1.42 bln in Q3
China’s BYD Co Ltd on Monday posted record third-quarter earnings, its highest ever for any quarter, as the electric vehicle giant preserved its domestic market leadership despite softer demand and …
Stellantis to invest $1.6 billion in Chinese EV start-up Leapmotor
Chinese EV maker Leapmotor launched its first car for the international markets called the C10. Arjun Kharpal | CNBC Stellantis on Thursday said it will invest 1.5 billion euros ($1.58 …
Chinese EV stocks fall after Tesla’s disappointing Q3 results
SHANGHAI, CHINA – APRIL 18: A BYD Seagull small electric car is on display during the 20th Shanghai International Automobile Industry Exhibition at the National Exhibition and Convention Center (Shanghai) …
Apple supplier Foxconn to focus on specialty tech not cutting-edge chips
A man with a face mask walks past the logo of Foxconn, or Hon Hai Group , which is Taiwans technology giant and the worlds leading producer of semiconductors or …
EU trade chief says the outcome of China EV probe cannot be prejudged
BEIJING — Europe has launched an investigation into Chinese electric vehicle subsidies, but no assumptions should be made about the probe’s outcome, the head of trade for the European bloc’s …
Cars on display at IAA motor show
German Chancellor Olaf Scholz (SPD,l.), and Ola Källenius, Chairman of the Board of Management of Mercedes-Benz AG, visit the Mercedes stand during the opening of the IAA. Sven Hoppe | …
China’s electric carmakers BYD, Xpeng ramp up push overseas
BYD launched the BYD Seal in Europe at the IAA auto show in Munich, Germany. The electric sedan has a starting price of 44,900 euros ($48,479). Arjun Kharpal | CNBC …
Chinese EV brands Nio, Xpeng, Li Auto keep pace with Q3 guidance
Pictured here is a Nio pop-up store in Shanghai, China, on Aug. 4, 2023. Nurphoto | Nurphoto | Getty Images BEIJING — Chinese electric car companies Nio, Xpeng and Li …