Our mission to make business better is fueled by readers like you. To enjoy unlimited access to our journalism, subscribe today. Last Friday, China’s Ministry of Finance cut subsidies for electric vehicles (EVs) by 20% this year, as sales of so-called new energy vehicles (NEVs)—a category covering hybrids, plug-ins and hydrogen-powered autos—regained momentum after plunging during […]
Our assignment to generate business better would be fueled by viewers just like you. Chinese electrical car manufacturers are on a rip. Nasdaq-listed Li Auto’s share cost jumped 27% exactly the identical day, before its earnings report on Friday. Meanwhile, the NYSE-listed Nio–the only one of those 3 carmakers with over a year old trading […]
Our assignment to generate business better would be fueled by viewers just like you. Chinese electrical car manufacturers are on a rip. On Thursday, after reporting a solid third quarter,” the New York–recorded shares of Guangzhou-based Xpeng jumped 33 percent. Nasdaq-listed Li Auto’s share cost jumped 27% exactly the exact identical day, before its earnings […]