SunCar (SDA) launches online insurance solution for Li Auto (LI) customers
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Great Wall Motor responds to EU anti-subsidy probe
October 24, 2023 10:37 AM EDTProminent Chinese automaker, Great Wall Motors revealed that the company has formally submitted a response to the European anti-subsidy investigation into Chinese made electric vehicles and called for a fair and open trade environment.
Great Wall provided its statement to the European Commission on Oct. 11, and is the first automaker to have done... More
US EV sales skyrocket in 3Q, China expands reach
October 20, 2023 8:41 AM EDTAccording to data released by Cox Automotive, US electric vehicle (EV) sales surged by almost 50% in the 3Q compared to last year, surpassing 300,000 units sold for the first time.
The current market trajectory suggests that the US may witness the sale of over a million EV cars this year, marking a significant milestone in the transition to auto electrification. A notable shift, coupled with Tesla's (NASDAQ:... More
Chinese EV makers sink tracking disappointing Tesla Q3 earnings
October 19, 2023 4:56 AM EDTInvesting.com-- Shares of Chinese electric vehicle makers fell on Thursday, tracking an overnight tumble in Tesla (NASDAQ: TSLA) after the worlds most valuable car maker posted weaker-than-expected third-quarter earnings.
Hong Kong-listed shares of Xpeng (NYSE: XPEV) (HK:9868), Li Auto (NASDAQ: LI) (HK:2015), NIO Inc (HK:9866) and BYD (HK:1211) fell between... More
