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South China's 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.