China’s top EV trio suffer sales setback in July as heatwave deters buyers Shanghai-based Nio said it delivered 10,052 units in July, down 22 per cent from a month earlier.
Chinese battery giant CATL posts strong Q2 profit on robust EV sales
CATL , the world's largest electric vehicle (EV) battery manufacturer, more than doubled its profit in the second quarter as Chinese authorities rolled out incentives to boost EV sales to cushion the impact of lockdowns during the period.
XPeng reports wider loss, to deliver fewer EVs amid supply chain strain
Guangzhou-based Chinese smart electric vehicle start-up XPeng on Tuesday reported a wider underlying net loss for the second quarter, and said it expected a slower pace of deliveries in the next three-month period.
China's Geely Automobile first-half profit slumps 35%
China's Geely Automobile Holdings Ltd said on Thursday its first-half net profit fell 35%, as the country's strict COVID-19 restrictions dented sales and disrupted production.
China's July vehicle sales jump 30%, industry body says
China's auto sales surged 29.7% in July from a year earlier to 2.42 million units, extending a recovery that began in June with the help of eased COVID curbs and government incentives.
India's Mahindra & Mahindra says demand for cars outstripping capacity
Mahindra and Mahindra Ltd said on Friday demand for its cars is outstripping production capacity as people rush to buy the automaker's popular sport-utility vehicles (SUVs), boosting profits.
UK new car sales fell 9% in July as supply chain problems continue
Fifth monthly fall in row prompts industry body to cut 2022 forecast even though chip shortages expected to ease
Carmaker BYD to recall more Tang DM hybrids in China over battery faults -regulator
Chinese carmaker BYD Co Ltd is recalling more Tang DM vehicles due to faults with the battery pack trays which pose water inflow risks, the country's market regulator said.