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SAO PAULO/TOKYO -- Brazil's demand for inexpensive electric vehicles and plug-in hybrids has seen sales of Chinese autos swell eightfold in the market this year, cutting into the dominance established by Western automakers.
NEW YORK -- China's electric vehicle maker Zeekr Intelligent Technology became the first major U.S. initial public offering for a Chinese company since 2021 on Friday as shares begun trading on the New York Stock Exchange.
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.
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BEIJING — Chinese electric car company Nio said Thursday it will launch its lower-priced brand called Onvo on May 15.
LOS ANGELES -- Chinese electric vehicle maker BYD differs from TikTok and Huawei and should not be blocked from doing business in the U.S., CEO of BYD Americas Stella Li argued at the 2024 Milken Institute Global Conference.
BANGKOK -- The rush of Chinese automakers into Thailand's electric vehicle market is fueling a race to the bottom on prices, but heated competition in a soft market has raised alarms, prompting at least one player to turn to hybrids.
China's premium electric vehicle maker Nio is on track to unveil a new model under a mass-market brand by the end of this month and a second smaller EV to be sold in Europe next year for less than $30,000, a senior executive told Reuters on Monday.