China is lowering its short-term borrowing costs as the economy slows
The People's Bank of China (PBOC) cut the 7-day reverse repo to 1.9% from 2.0% previously.The People's Bank of China (PBOC) cuts the 7-day...
The Tesla-GM compact brings volatility to electric vehicle charging stocks
Shares of ChargePoint Holdings (Ticker: CHPT) and EVGO (EVGO) are down more than 3% in early trading Monday. Later in the day, ChargePoint...
Asian markets were mixed ahead of the crisis central bank meetings
6 hours agoShares of electric cars rose in China as Nio cut prices of all modelsHong Kong-listed shares of Chinese electric car makers rose...
China’s Nio cuts prices and ends free battery swaps as sales plummet
An employee stands near Nio ET5 cars at his booth at the Shanghai Auto Show, in Shanghai, China, April 18, 2023. REUTERS/Aly Song/File...
