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09 Jan China to solidify its position as world’s top car exporter in 2024 as it banks on manufacturing heft: UBS

Posted at 12:00h in Asia

Chinese carmakers are expected to sell 5 million vehicles overseas in 2024, with much of the demand coming from developing markets such as Southeast Asia and firmly establishing China as the world’s No 1 exporter, according to the latest forecast by UBS.The Swiss bank...

07 Jan Chinese EV maker Geely introduces first pure electric Galaxy model, to woo mainstream buyers from BYD, foreign brands

Posted at 09:00h in Asia

Geely Automobile Group, one of China’s largest private carmakers, has launched a pure electric sedan under its mass-market brand Galaxy to take on BYD’s bestselling models amid intensified competition.The basic edition of the E8, with a driving range of 550 kilometres, sells for 175,800...

03 Jan China EVs: Xpeng and Li Auto roll out X9 and Mega MPVs aimed at rich buyers in bid to dominate segment

Posted at 23:30h in Asia

Xpeng and Li Auto, two of China’s leading electric vehicle (EV) makers, are battling for supremacy in the multipurpose vehicle (MPV) segment, targeting wealthy families amid a sluggish market.On Monday, Guangzhou-based Xpeng priced its newest model, X9 MPV, at 359,800 yuan (US$50,700), 7 per...

02 Jan China’s BYD poised to overtake Tesla as world’s largest maker of pure-electric vehicles on fourth-quarter EV sales surge

Posted at 12:30h in Asia

BYD, already the world’s largest producer of electric vehicles (EVs) – a category that includes plug-in hybrid cars – is poised to gain more bragging rights as global deliveries of its “pure”, battery-powered EVs are expected to have surpassed Tesla’s in the fourth...

31 Dec Tesla aims to broaden appeal in wary mass market after probable record EV sales in 2023

Posted at 11:08h in Asia

“When you look at car buying in general, we’re trying to get to the next set of EV adopters,” chief financial officer Vaibhav Taneja said during an investor call in October.The Musk-led company faces a number of hurdles to reach that crowd: Inflation and high...

tesla Tag

07 Jan Chinese EV maker Geely introduces first pure electric Galaxy model, to woo mainstream buyers from BYD, foreign brands

03 Jan China EVs: Xpeng and Li Auto roll out X9 and Mega MPVs aimed at rich buyers in bid to dominate segment

02 Jan China’s BYD poised to overtake Tesla as world’s largest maker of pure-electric vehicles on fourth-quarter EV sales surge

31 Dec Tesla aims to broaden appeal in wary mass market after probable record EV sales in 2023

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