NIO to halt free home charging points, limits free monthly battery swaps to four
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- S&P 500, Nasdaq end sharply lower as revived AI doubts ignite tech selloff
- Meta’s new Class C stock to keep Zuckerberg in California, fund AI spending spree
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- Meta beats Q3 estimates, approves new nonvoting share class as AI spending surges
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- Bloom Energy Corp. (BE) Tops Q3 EPS by 25c, Beats on Revenue; Offers FY26 Guidance
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- S&P 500, Nasdaq end sharply lower as revived AI doubts ignite tech selloff
- Nokia shares fall despite earnings beat on cash flow concerns
Zeekr launches compact electric SUV, targets European market
April 12, 2023 1:34 PM EDTChinese electric vehicle maker Zeekr announced Wednesday that the automaker launched a compact, all-electric sport utility vehicle, as it targets a premium market in China that has been dominated by German automakers. The company also announced plans to offer the SUV-styled Zeekr X and its Zeekr 001 EV sedan in Western Europe, but would not disclose when that would be.
With a starting price of 189,800 yuan ($27,615.31) in China, the Zeekr X offers... More
Chinese vehicle sales fall flat in March as price war continues
April 10, 2023 1:38 PM EDTThe China Passenger Car Association (CPCA) released data Monday showing growth in vehicle sales was flat in March compared to a year earlier. According to the CPCA, car sales in March were 1.61 million units. In the first three months, sales had fallen 13.4% to 4.33 million units.
Sales of new energy vehicles (NEVs), which include pure battery electric cars and plug-in hybrids, rose 21.9% in March and accounted... More
BYD launches new chassis suspension system in effort to move upmarket
April 10, 2023 11:42 AM EDTChinese automaker, BYD on Monday announced the launch of their new chassis suspension system as the electric vehicle maker ramps up efforts to move upmarket with premium products.
The BYD DiSus Intelligent Body Control System is similar to the chassis suspension systems available in premium and luxury... More
China March Retail Passenger Vehicle Sales Up 0.3% Y/Y - Bloomberg
April 10, 2023 5:41 AM EDTChina March Retail Passenger Vehicle Sales Up 0.3% Y/Y - Bloomberg
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