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This extended-range hybrid car could have a range of over 870 miles

Electric vehicle makers in mainland China sold 1.26 million units in July, including passenger cars and commercial vehicles. This marked a 5% drop from June and the first month-on-month decline since May, according to the China Association of Automobile Manufacturers (CAAM). Despite the slowdown, sales still rose 27.4% year over…

The rest of the world is moving away from gasoline more quickly than the United States is, including the Global South.

A new driving revolution is coming

Today on Critical Materials: GM and Hyundai partner up, the tax credit fire sale has begun and China is kicking Nvidia out of its cars.

Chinese automakers and chip companies are accelerating efforts to replace products from Nvidia (NASDAQ:NVDA) and other foreign chip leaders in automotive applications, fearing that further U.S. export restrictions could derail the development of self-driving and related technologies.

Li Auto Inc. (NASDAQ:LI), Nio Inc. (NYSE:NIO) and other Chinese EV companies shared their delivery performance data for July amid rising competition in the Chinese domestic market.

Chinese electric vehicle (EV) makers XPeng (NYSE:XPEV), ZEEKR Intelligent Technology (NYSE:ZK), Li Auto (NASDAQ:LI), and NIO (NYSE:NIO) stocks dropped on Friday despite individual triumphs like XPeng’s record July deliveries and ZEEKR’s significant year-over-year growth.

Some brands like BYD and Xpeng grew more than 100% in a year. But some, like battery-swpping Nio, haven't found their footing yet.

As stock indexes hit new all-time highs, investors may grow wary of buying new names for their portfolios, this is where discounted names come into play.

With no rear passenger screen, a lack of panoramic sunroof and basic headlights, the pared-back Model Y hopes to win over customers with a tempting price tag.