Page 4 - Peng News Today

South Chinas Guangdong has maintained its position as the only province with a birth population surpassing 1 million for four consecutive years, and the province has also been the top performer in terms of births for six consecutive years, official data showed.

Li Auto, Tesla’s nearest rival in mainland China, plans to start selling a new, more economical model aimed at families amid a price war in the country’s electric vehicle market.

It wasn't a great month for EV stocks, especially these Asian OEMs that disappointed the world's largest market.

Several other Chinese carmakers, including Xpeng and Nio, reported strong results

BYD, the world’s largest electric-vehicle maker, is targeting a 20 per cent increase in sales this year, just a third of last year’s tally, as overcapacity concerns and a price war loom over the sector in mainland China.

Chinese EV Maker Nio: EV demand in Nios home market China - the worlds largest auto market - has been faltering as intense market competition has driven down car prices and consumers tightened spending in a sluggish economy.

One single feature, missing from U.S.-made passenger cars, hands XPeng, Nio, and Li Auto the win

Plus Tesla production gets back online in Germany and Chinese automakers may have a new way to sell their cars in America.

XPENG and the Volkswagen Group Announce Entry into Master Agreement on Strategic Technical Collaboration and Joint Sourcing Program...

Ma Yijiayi, 46, was contracted to build schools and museums, but an indebted government was unable to pay her. Then she found herself detained after refusing their lowball offer.