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