Electric Vehicles

Xiaomi’s SU7 launch may have influenced Aito’s price reduction.

Three years on, Lei Jun remains dedicated to leading Xiaomi’s venture into car manufacturing, previously labeling it the “last major entrepreneurship project” of his life.

The car maker has logged record sales by sticking with gasoline vehicles.

Collaborating with European automakers such as Renault provides Chinese new energy companies with a fresh avenue for business growth.

Beijing will order three state-backed automakers to step up R&D spending.

The partnership bolsters Huawei’s portfolio of automaking alliances, broadening its presence in the electric vehicle market.

Chinese automakers and shipbuilders team up to support exports.

The Lunar New Year and rising local competition have fuelled the EV maker’s dip.