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Chinese automaker BYD said Friday its annual sales rose to a record $116 billion, outpacing Tesla 's, but its profit fell for the first time since 2021 under pressure from cutthroat competition. BYD, ...

Profit falls 19% to 32.6 billion yuan, missing analyst view Revenue growth 3.5%, weakest in six years Headcount shrinks by 10% in 2025 Slips to fourth place in China in Jan-Feb from top in 2025 ...

Annual revenue increased to 76.72bn yuan, up 87.7% from 40.87bn yuan a year earlier. Credit: THINK A/Shutterstock.com Chinese electric vehicle maker Xpeng has reported its first quarterly profit, ...

XPeng XPEV-1.24%decrease; red down pointing triangle turned a quarterly profit for the first time, driven by fast-growing sales and strong margins, making it the latest Chinese electric-vehicle maker ...

Nio’s NIO fourth-quarter revenue grew 76% year on year, beating the high end of its previous guidance. Despite price competition, product mix optimization led to a 5% gain in vehicle pricing, which ...

Nio exceeded its own recent profit estimate in the fourth quarter. The company also delivered strong Q1 guidance. Investors should keep an eye on executive compensation. Last month, the company ...