Chinese EV Stocks

NIO Inc – ADR (NYSE:NIO) stock has pulled back and moved into a technical correction after falling by 12.5% from its highest point in April this year. This retreat could be part of the formation of the cup-and-handle pattern, pointing to a rebound as it publishes its results on Thursday this week....

Tesla Inc.‘s (NASDAQ:TSLA) Chinese rivals BYD Co. Ltd. (OTC:BYDDY) (OTC:BYDDF) and Geely Automobile Holdings Ltd. (OTC:GELYF) (OTC:GELHY) reported declining profits amid slowing demand and fluctuating foreign exchange. BYD Reports Profit Decline On Tuesday, BYD released its quarterly...

Chinese EV maker BYD Co. (OTC:BYDDY) (OTC:BYDDF) is reportedly contemplating the establishment of a new production facility in Mexico, a move that could potentially bolster its presence in the U.S. market. What Happened: The Mexico City-based head of BYD’s local division, Zhou...

Chinese electric vehicle traders have found a way to export cars to new markets at a time when such products are facing strong trade barriers in key markets such as the United States. What Happened: Chinese EV traders have discovered a loophole in the system, allowing them to export...

Top-tier firms in China’s automobile sector recently got together in Beijing to strategize on the future of the industry, with a focus on the New Energy Vehicle (NEV) market and global growth. What Happened: A report by CnEVPost reveals that this meeting, organized by undisclosed government...

Xiaomi Corp‘s (OTC:XIACY) foray into the electric vehicle market has taken an intriguing turn as it has reportedly selected battery suppliers for its EV division.  What Happened: According to sources within the Chinese smartphone giant, Xiaomi has chosen China Aviation...

Nio Inc (NYSE:NIO), the Chinese electric vehicle manufacturer, is reportedly taking swift measures to enhance the production of its ES6 model after a brief five-day hiatus.  What Happened: Nio’s factory in Hefei, Anhui province, has seen a daily output of at least 300 ES6...

Chinese EV maker Nio Inc (NYSE:NIO) has reportedly denied market rumors of a partnership with German automaker Mercedes-Benz. What Happened: A Nio spokesperson denied market rumors of a partnership between the two companies that circulated after a video showed CEO William Li taking several...

Nio Inc (NASDAQ:NIO), the Chinese electric vehicle maker considered a rival of Tesla Inc (NASDAQ:TSLA), has achieved a crucial milestone in its journey toward smartphone production. The company’s nascent endeavor, speculated upon since last year, has now passed a...

Chinese electric vehicle maker NIO Inc‘s (NYSE:NIO) latest model, the all-new ES6, has become a standout performer and is reminiscent of Tesla Inc‘s (NASDAQ:TSLA) Model 3 success story.  What Happened: In July, NIO reported a delivery figure of 20...

In a bid to seize a bigger slice of the world’s largest auto market, European automakers are shifting gears and teaming up with Chinese counterparts to drive innovation and electric vehicle (EV) dominance.  What Happened: On Wednesday, German automaker Volkswagen AG (OTC:VWAGY...

Chinese EV giant BYD Co Ltd (OTC:BYDDY) (OTC:BYDDF) on Monday said that it will sue auto blogger Longzhu-Jiche for defamation. What Happened: On Sunday, Longzhu posted a review of the D9 MPV from BYD’s premium Denza brand on Bilibili. BYD, backed by Warren Buffett‘s Berkshire Hathaway...

This story was first published on the Benzinga India Portal. China’s biggest EV maker BYD Co Ltd (OTC: BYDDY) (OTC: BYDDF), backed by Warren Buffett's Berkshire Hathaway (NYSE: BRKA), has submitted a $1 billion investment proposal to build electric cars and...

Chinese EV maker Li Auto (NASDAQ:LI) reportedly delivered over 32,000 vehicles in June. What Happened: CEO Li Xiang said during a speech at the company’s eighth-anniversary celebration that the EV maker delivered more than 32,000 vehicles in June, reported CnEVPost. The company aims to sell...

Warren Buffett‘s Berkshire Hathaway, Inc. (NYSE:BRKA) has been steadily reducing its stake in Chinese EV maker BYD Co Ltd (OTC:BYDDY) (OTC:BYDDF), sparking speculation of a divergence in investment strategies between Buffett and his deputy, Charlie Munger....