Signage for the Reserve Bank of India (RBI) in Mumbai, India, on Friday, April 5, 2024. Dhiraj Singh | Bloomberg | Getty Images India’s central bank cut its policy rate by 25 basis points to 6%, marking its lowest level since September 2022 as growth concerns mount in the world’s fifth largest economy The rate…
A Xiaomi store in Shanghai, China, on March 16, 2025. Qilai Shen/Bloomberg | Bloomberg | Getty Images Chinese electric carmakers Xiaomi, Xpeng and Leapmotor each delivered nearly 30,000 or more cars in March, roughly twice several of their fellow startup competitors. It’s a sign of how some automakers are pulling ahead, while BYD remains the…
The flagship store of Xiaopeng Motors in Shanghai, China, on Feb. 18, 2025. CFOTO/Future Publishing via Getty Images Chinese electric car company Xpeng delivered more than 30,000 cars for a fourth-straight month in February, as its mass-market brand helped the company stand out in an otherwise tepid market. Xpeng delivered 30,453 cars last month, including…
