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February 2, 2024
Stocks in the Asia-Pacific region mostly increased Friday, Feb. 2. Hong Kong stocks weakened, with the Hang Seng Index down 0.2% at 15,533.56, while the...
February 1, 2024
Volvo Cars shares surged 23% as the Swedish automaker said it will stop providing funding to EV startup Polestar as it ramps up its own investment.
November 2, 2023
Asia-Pacific stocks mostly grew Thursday, Nov. 2, Japanese shares climbing for the third day. Hong Kong stocks gained, with the Hang Seng Index up 0.8% at...
October 18, 2023
Chinese automakers are winning over drivers as they make major inroads into Europe’s electric vehicle market
September 26, 2023
Detroit automaker changes its China strategy after EV sales in the country suffer from marketing, sales missteps
September 13, 2023
The European Union is launching an investigation into subsidies that China provides to electric vehicle makers.
September 13, 2023
Nio's stock fell Wednesday amid concerns about the European Union's investigation into government subsidies that China-based electric vehicle makers receive.
August 22, 2023
By Sherry Qin Geely Automobile Holdings Ltd. posted a flat first-half net profit despite higher revenue, as its gross profit margin was hurt by intensifying...
August 17, 2023
Electric-vehicle maker, which has been slashing prices globally, faces fierce competition from Chinese rivals