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Of these, 19,300 vehicles came from the Nio brand, while 4,400 were delivered under the newly launched Onvo brand. Its Firefly sub-brand also debuted its first vehicle in April — a compact model with ...
Price wars, Guan added, are less critical than technology wars. McKinsey's data indicates that China's customers are often willing to pay more if they feel like they're getting more. And while Western ...
Tesla faces challenges in the Chinese market. Sales in China declined in April, marking the seventh consecutive monthly drop.
Some China pundits and analysts insist that this is a natural consequence of consolidation and that time for these brands to ...
(Yicai) May 7 -- Shanghai has achieved global leader ranking in 22 of the 59 business indicators identified by the World Bank ...
The growth would be fueled by expansion in Europe and Latin America, the people said, even as BYD and all other Chinese ...
Ever since Intel launched its automotive efforts in a high-profile announcement in early 2024, with its automotive business ...