Chinese EV maker Zeekr prices IPO at $21, at the top end of range, reports say
Chinese electric vehicle maker Zeekr priced its initial public offering at $21 a share Thursday, at the top end of its range, according to news reports.
Tesla asian news
Tesla accused by NLRB of creating policies to chill workers' unionizing efforts in Buffalo
Tesla is being accused of taking steps to keep employees in Buffalo, New York, from unionizing, according to a complaint from the National Labor Relations Board.
Panasonic racks up record profit on back of U.S. subsidy
TOKYO -- Japan's Panasonic Holdings reported a record net profit of 443 billion yen ($2.8 billion) for the fiscal year ended in March, on the back of temporary tailwinds including a U.S. government electric vehicle battery subsidy. But the major Tesla supplier is forecasting difficult times ahead as the EV market slows.
Chinese EV maker Nio to launch its lower-priced brand Onvo on May 15
BEIJING — Chinese electric car company Nio said Thursday it will launch its lower-priced brand called Onvo on May 15.
China’s booming electric vehicle companies eye U.S. competitors they see as ‘not ready’
On the long list of disputes between the United States and China, electric vehicles enjoy an increasingly prominent role.
U.S. automakers like GM are rapidly losing ground in China, once an engine for growth
DEROIT – General Motors CEO Mary Barra has been aggressive in exiting unprofitable or underperforming markets over the past decade, but leaving the automaker's latest problematic country would be far more difficult than others.
Commentary: What TikTok and Tesla tell us about pragmatism in the US and China
LONDON: When Washington looks at China, it tends to see an ideological, interventionist, authoritarian superpower that favours its own companies while subverting foreign rivals. When it looks in the mirror, Washington sees the US as a pragmatic, capitalistic, democratic superpower that champions free speech and robust competition.
Don't rate Tesla's Full Self Driving too highly, tech investor says: 'By no means autonomous driving'
News of electric car giant Tesla's progress toward rolling out its advanced driver-assistance feature in China isn't as groundbreaking as investors are treating it, according to a top tech investor.