Electric Car News Chinese Electric Car Company Nio To Enter Middle East This Year Amid Global Expansion By Peers

XPeng's Middle East expansion lifts Chinese EV names

Xpeng (XPEV) is launching its popular models in the Middle East and Africa, partnering with a subsidiary of Almana Group as the company’s exclusive distributor in Qatar, and Axess Limited in the East ... Read More

Chinese Expansion In The Car Market In Europe And The Middle East

Chinese car manufacturers have been steadily entering global markets, maintaining a stable presence in competition with other providers. Read More

Tesla's Chinese rival Nio cuts price for new Onvo-branded car

HEFEI, China — There's yet another Chinese electric car aiming to undercut Tesla, with a steeper discount. Onvo, the lower-priced brand launched by premium electric car company Nio, announced its ... Read More

CNBC's The China Connection newsletter: Xpeng attempts a global transformation

Electric car company Xpeng has evolved from a local EV hopeful into a global player. After a weak 2022 and early 2023, Xpeng’s fortunes revived under new president Fengying Wang and a Volkswagen ... Read More

What every Nio Investor Should Know Before Buying

Chinese electric vehicle (EV) maker Nio has seen big share price gains this year. The company primarily makes affordable electric SUVs and offers a unique battery swap service. Nio has grown revenue ... Read More

How Shenzhen, China, became the electric car capital of the world

China now produces nearly three-quarters of the world’s electric cars, and no city embodies that dominance more than Shenzhen, home to industry giant BYD. Once known as “The World’s Factory,” the city ... Read More

China’s EV Market Is Imploding

In China, you can buy a heavily discounted “used” electric car that has never, in fact, been used. Chinese automakers, desperate to meet their sales targets in a bitterly competitive market, sell cars ... Read More