The electric-vehicle maker launched an updated version of its Model Y crossover vehicle in China. “Looks very nice,” said ...

China’s new energy vehicle (NEV) market raced ahead last year, fueled by government subsidies and evolving consumer preferences, underlining the nation’s commitment to green mobility. However, ...

This downturn in sales, coupled with disappointing electric vehicle numbers, is putting pressure on the carmaker as it navigates a difficult economic landscape.