A downgrade of the U.S. debt rating by Moody's sent U.S. equities lower and Treasury yields higher at midday.

One year after Xiaomi Automobile said it was working on an SUV called the YU7, the company is finally set to launch the new ...

China’s tech firm Xiaomi is broadening its EV ambitions this week unveiling the YU7 electric SUV alongside other high-profile hardware launches.

Xiaomi will launch the YU7 electric SUV and new products, including the Xring O1 chip, this Thursday. Analysts see the YU7 as ...

Tesla (TSLA.O) investors had pinned their hopes on a refresh of the company's flagship compact SUV to reinvigorate sales. But ...

Anyone who follows the auto industry closely should not be surprised by Tesla's series of price cuts, and there are certainly more to come, inciting price wars, says 2022MotorTrendPerson of the Year ...

W hat makes a Lotus a Lotus? For most of its 75 years of existence, the small British automaker has largely been known for building plucky little sports cars that punch well above ...

Chinese consumer electronics giant Xiaomi has announced plans to invest 50 billion yuan (US$6.9 billion) over the next decade ...

BYD’s new EV is over half the cost of a base Tesla Model 3 RWD model in China, which starts at 235,500 yuan ($32,700). But, to be fair, the base Model 3 has a CLTC driving range of up to 634 km (394 ...

China's passenger vehicle market recorded over 1.755 million sales in April, according to CarNewsChina. Specifically, 821,000 ...