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Brazilian prosecutors sued BYD for allegedly bringing Chinese workers illegally to the country and then subjecting them to working conditions “analogous to slavery.” Workers building the company’s industrial plant in Camaçari,
Tesla, Inc. is seeing a sales decline in China and Europe as its valuation looks set to reach new highs. Click here to find out why TSLA stock is a Sell.
Xiaomi late on Thursday revealed its YU7 SUV and claimed it would have a driving range of at least 760 kilometers (472 miles) on a single charge.
Xiaomi unveiled its second car, the YU7, in Beijing on Thursday. The electric SUV is set to compete directly with Tesla's best-selling Model Y in China.
In one sign that Tesla appears to be losing ground to cut-price Chinese brands, sales at China’s SAIC zoomed up 54% in April, according to the ACEA figures. SAIC owns a slew of auto brands including U.K.-based MG, known for its low-cost EV models.
BYD blew past Tesla in the first quarter and remains on track to exceed Musk’s own as the largest EV brand worldwide by vehicles sold.
Shares in some of Tesla's biggest Chinese rivals fell on Monday after BYD's price cuts fueled fears over the country's brutally competitive EV sector.
Xiaomi rolled out its new sports utility vehicle in Beijing on Thursday, as the firm best known for smartphones and consumer electronics gears up to further challenge Tesla in the world's largest auto market.
Despite steep tariffs, the Chinese carmaker leapfrogged Tesla in April, in what an analyst called a “watershed moment” for the continent’s auto market.
Audi learns some lessons in China, Tesla loses its tech crown and Nissan looks to stop the bleed by offering buyouts to employees.
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CarsGuide on MSNChina's latest 2026 Tesla Model Y rival incoming: 2026 MG S6 EV approved for sale in Australia to battle the Kia EV5, XPeng G6 and BYD Sealion 7MG’s answer to the Tesla Model Y is a step closer to going on sale in Australia. Dubbed the MG S6 EV, the Chinese brand’s latest electric SUV has been approved for sale by the Federal Government Department of Infrastructure,
Tesla CEO Elon Musk said he is ending his role in the Trump administration running cost-cutting agency DOGE, just days after he announced plans to refocus more of his attention on the EV maker.