Tesla Inc. has cut the price of its two higher-end Model Y vehicles in China by RMB 14,000 ($1,900) in the latest salvo in a bruising price war, reports Bloomberg. The electric vehicle maker... Read more

Chinese automaker BYD on Tuesday said it will invest 3 billion reals ($620.17 million) in a new industrial complex in northeastern Brazil, as it aims to boost local production to offer more... Read more

BYD, the world’s biggest electric vehicle (EV) maker, sold more than a quarter of a million units in June, beating the record it set just a month earlier in the latest sign that a recovery i... Read more

China sold more cars abroad than any other nation in the first quarter in part because of a sales jump to customers in Russia, reports Bloomberg. The Asian country exported 1.07 million vehi... Read more

Swedish electric vehicle (EV) maker Polestar said on Monday it had formed a joint venture with Xingji Meizu to build an operating system for Polestar cars sold in China that will offer the l... Read more