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The U.S. government is weighing a prohibition on Chinese software in U.S. vehicles with Level 3 automation and above, banning the testing of autonomous vehicles produced by Chinese companies on U.S.
In July, China announced plans to launch incentives that would help consumers afford 20,000 yuan ($2,760) to scrap an old, higher-emissions car for an EV or 15,000 yuan for a more fuel-efficient ...
Right now, Nio investors are willing to accept the fact that a brutal price war in China could weigh on margins in the near term, but most important for Nio's stock to move higher in 2025 will be ...
In fact, China's EV price war has gotten so bad that more than 200 car models saw price cuts in 2024, up from the 148 models in 2023, according to the China Passenger Car Association's secretary ...
Demand for electric vehicles (EVs) has been disappointing, trade barriers are going up around the world, and a rush of planned stimulus spending in China changed the market's tune last week.
One of those stocks was the Chinese EV maker Nio (NYSE: NIO), which saw its stock soar tenfold from its IPO price of $6.26 in 2018 to a record high of $62.84 on Feb. 9, 2021. But today, Nio's ...
(Reuters) -Zeekr's shares rose almost 35% above their initial public offering price on Friday in a strong start for the electric-vehicle maker, the first major U.S. market debut by a China-based ...
Zeekr said it delivered 21,333 vehicles in September 2024, up 77% from a year ago, and deliveries were 142,873 in 2024, up 71%. ... There was a lot of fear that the Chinese EV market would be in a ...