Xiaomi takes aim at Tesla’s bestselling car in China with its longer-range YU7

Xiaomi revealed its first electric SUV, the YU7, in Beijing on May 22, 2025, and said…

Asia-Pacific markets trade mixed after key Wall Street benchmarks fall on economic concerns

Melbourne’s skyline at dusk Kokkai Ng | Moment | Getty Images Asia-Pacific markets traded mixed Wednesday,…

China’s Xiaomi delivers 20,000 EVs in October, just months after launching its first car

Chinese smartphone company Xiaomi on Tuesday announced a sports car version of its SU7 electric sedan…

BYD sales hit a record in August despite broader China EV slowdown

BYD launched the BYD Seal in Europe at the IAA auto show in Munich, Germany. The…

Volkswagen China is spending lots of time at Xpeng to make new EVs

Top Volkswagen and Xpeng executives pose at the German automaker’s launch event in Beijing, China, on…