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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 ...
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 ...
(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 ...
Chinese electric vehicle stocks, including NIO Inc (NYSE:NIO), Li Auto Inc (NASDAQ:LI), and XPeng Inc (NYSE:XPEV), are trading higher Monday. China, a key AI chip and electric vehicle market ...
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 ...
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 ...
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 ...