organization2 mentions

Chinese EV

Connected entities

organizationAnalysis-BMW organizationBERLIN organizationBMW organizationBuy organizationChina organizationChinese organizationGoldman Sachs. The organizationNeue Klasse organizationReuters organizationSHANGHAI organizationU.S

Appears in 3 topic(s)

● Importanteconomy2 outlets

Chinese EV makers are outpacing U.S. automakers in overseas investments

Companies from China are spending more money in other countries. They are doing this faster than car companies from the USA. The reason is that there are too many electric cars already sold inside China. So, they need to sell their cars outside of China now.

Jul 13, 10:00upd. 4h

6.7Significance

2 sources7.0Source trust

world1 outletCalibrating

Analysis-BMW races to catch up in a Chinese EV market that won’t slow down

BMW's car sales in China are going down. The company is trying to sell new electric cars called Neue Klasse. BMW's new CEO, Milan Nedeljkovic, says the company needs to catch up with other car makers in China.

Jul 14, 05:07upd. 14m

5.5Significance

1 source6.0Source trust

world1 outletCalibrating

Buy the dip on this Chinese EV maker that's poised for a comeback, says Goldman Sachs

A big bank called Goldman Sachs gave advice about a Chinese car company. They said people should 'buy the dip,' which means buying when the price is low. The bank changed its rating from neutral to buy. This shows they think the company will get better soon.

Jul 13, 13:44upd. 14m

5.1Significance

1 source7.0Source trust