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China warns BYD, rivals to self-regulate on price war woes

Officials told EV makers to “self-regulate,” and that they shouldn’t sell cars below cost or offer unreasonable price cuts.

Linda Lew

In a commentary on Sunday, the People’s Daily — the mouthpiece of China’s Communist Party — criticized the “rat-race competition” and...

Seres's Aito, through its popular M9 SUV, became the best-selling car brand in China last year in the 500,000 yuan and above category.

Xiaomi fell as much as 6.1% in Hong Kong. Shares have slumped almost 18% since Xiaomi raised about $5.5 billion in an equity sale last week

Domestic electric car manufacturers are telling customers that their advanced driving-assistance services are coming very soon.

The Chinese automaker's sales got a boost from its electric vehicle and hybrids segment.

The instructions come as companies from BYD to Chery Automobile firm up plans to build factories in Spain to Thailand and Hungary.