electric vehicles

Nio reports 69% revenue growth in second quarter
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Nio reports 69% revenue growth in second quarter

Nio expects to deliver up to 111,000 vehicles in the third quarter.
Diya Lal · · 1 min read
China’s Leapmotor reports $5.3b revenue, $31.3m profit
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China’s Leapmotor reports $5.3b revenue, $31.3m profit

Leapmotor’s overseas assembly plans at Stellantis plants in Malaysia, Spain, and Brazil are tied to a 2023 deal.
Minh Le · · 1 min read
BYD’s new small EV drew 1,000 orders in Japan
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BYD’s new small EV drew 1,000 orders in Japan

The Racco starts at 2 million yen, or about US$12,600, after 150,000 yen (US$940) in government incentives.
Diya Lal · · 1 min read
ComfortDelGro’s Zig to invest over $7.8m in BYD fleet
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ComfortDelGro’s Zig to invest over $7.8m in BYD fleet

ComfortDelGro said the investment will give vehicle hirers more choices and support its plan to shift its point-to-point business.
Grace Priscilla Teo · · 1 min read
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Xiaomi Q2 revenue hits $16.2b as EV sales grow

In EVs, Xiaomi delivered 104,199 vehicles in the quarter.
Minh Le · · 1 min read
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Indian EV maker Omega Seiki partners on battery monitoring

Omega Seiki Mobility was established in 2018 within the Anglian Omega Group.
Aiko Gao Ishida · · 1 min read
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VinFast, Gowa target 30 Indonesia showrooms in JV

The Vietnamese electric vehicle maker said the move was part of its expansion in Indonesia’s EV market.
Minh Le · · 1 min read
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Ford targets 2027 Fathom EV production

Ford said this should let it assemble the Fathom 15% faster than vehicles previously built at Louisville.
Minh Le · · 1 min read
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Elev8, Claypond lead $120m round for Indian EV startup River

River said it sells about 6,000 vehicles a month through more than 75 stores across India.
Diya Lal · · 1 min read
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Tesla tops S Korea imported car sales for 6th month

Tesla sold 10,237 units, ahead of BMW’s 6,533, Mercedes-Benz’s 3,959, and BYD’s 2,846. The company has held the top spot since February.
Minh Le · · 1 min read