Transportation

As the venture struggles to meet its US goals, its founder concedes “mistakes” but presses on.

Li Auto, Nio, and Aito are pushing into the RMB 500,000 segment, each with a different answer to what high-end now means.

The state-owned automaker is struggling against EV rivals like BYD and Geely.

The EV maker hopes its in-house strategy will help cut costs and break an eight-month sales slump.

The continued price war in China drags the automaker’s margin into single digits.

Operator EMT envisions a price similar to that of gasoline-powered kei cars.

The tactic for dodging tariffs and easing trade tensions could raise costs and compliance risks.

Robotaxi revenue is forecast to reach more than 3.5 times last year’s level as Pony.ai expands its fleet to more than 3,500 vehicles.