Chinese Electric Truck Maker Windrose Will Seek US IPO in 2024
Chinese electric truck maker Windrose Technology has started preparatory work for an initial public offering in the U.S. next year as it plans the commercial rollout of its first vehicle.
BYD’s Growth Slows as China’s Auto Price War Takes Its Toll
BYD Co. reported its weakest revenue growth in more than a year in a potential sign of the damage discounting has done in China, the world’s biggest auto market.
Tesla Rolls Out New Base Model S and X for $10,000 Less
Tesla Inc. added new lower-range iterations of the Model S sedan and Model X sport utility vehicle to its lineup that cost $10,000 less than their previous base prices.
Hong Kong Airport’s Robobus Offers Glimpse of Driverless Future
Hong Kong International Airport says it’s ready to use driverless buses, confident it can shuttle passengers around the aerodrome starting next year after extensive trials years in the making.
Korean Air to Check Airbus A330 Fleet After Runway Overshoot
Korean Air Lines Co. will inspect the remaining 24 Airbus SE A330 aircraft in its fleet after one overshot a runway in the Philippines last month, the carrier’s president said Nov. 2.
CATL Unveils EV Battery With Longer Range
Contemporary Amperex Technology Co. Ltd. unveiled an electric car battery it said has a range of over 620 miles (1,000 kilometers) on a single charge and is 13% more powerful than one planned by Tesla Inc., a major customer.