China's EV price war is just getting started
With a historic round of price cuts this month, Tesla, Li Auto and a host of others have extended China’s monthslong electric-vehicle price war into a new quarter.
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With a historic round of price cuts this month, Tesla, Li Auto and a host of others have extended China’s monthslong electric-vehicle price war into a new quarter.
In this piece, I evaluated two EV stocks, NIO (NYSE:NIO) and BYD (OTC:BYDDY), using TipRanks’ comparison tool to see which stock is the better buy. A closer look suggests a bearish view for NIO and a bullish view for BYD. China-based NIO designs, manufactures, and sells electric vehicles in China and Hong Kong, the U.S., the U.K., and Germany. Meanwhile, BYD, also based in China, manufactures and sells EVs, rechargeable batteries, and select other electronics, including components for mobile dev
Chinese electric vehicle company Xpeng said Friday that its newly launched X9 model could be a “game changer” in the industry.
Chinese electric vehicle company Xpeng said Friday that its newly launched X9 model could be a “game changer” in the industry.
Chinese electric vehicle company Xpeng said Friday that its newly launched X9 model could be a “game changer” in the industry.