Aito, which is backed by Huawei, sold more luxury vehicles in China last year than BMW and Mercedes, with its flagship M9 SUV ...

BMW AG’s earnings plunged 23% in the first quarter as intense competition in China pushed sales in its biggest single market to a five-year low.

Contemporary Amperex Technology Co. Ltd., or CATL, controls more than a third of the global market for EV batteries and is ...

Xiaomi unveiled its second car, the YU7, in Beijing on Thursday. The electric SUV is set to compete directly with Tesla's ...

German carmaker BMW reported a 26.4% drop in first-quarter net profit to €2.2 billion ($2.5 billion), as weak demand in China ...

CATL's IPO is reported to be the largest listing made in 2025 globally. On the Shenzhen stock exchange, CATL shares initially ...

In March, CATL posted a 9.7% drop in its 2024 annual revenue, hit by intense competition in China's electric-vehicle market that pressured the world's top battery producer. Still, the company's ...

Bloomberg journalists discuss today's biggest winners and losers in the stock market. Listen for analysis on the companies making news on Wall Street.

Tesla's (TSLA) Model Y could face some stiff competition in the Chinese market from Xiaomi's (1810.HK) new YU7 electric vehicle. Yahoo Finance senior autos reporter Pras Subramanian joins Asking for a ...

From June 25, BMW’s China unit would recall 26,766 domestically produced vehicles and 80 imported cars due to a defect in the power connector that could pose a fire hazard, the State ...

Seres partnered with telecommunications giant Huawei back in 2021 to launch the Aito brand of premium electric and hybrid ...