Zeekr sees net loss shrinking significantly in the third quarter, with revenue declining slightly

Zeekr saw its net loss decline 37.0 percent in the third quarter, while lower battery sales dragged down revenue. Zeekr (NYSE:ZK) saw its net loss shrink significantly in the third quarter, despite a slight decline in revenue, as vehicle deliveries were essentially flat from the previous quarter. The Chinese electric vehicle (EV) maker reported revenue […]
Toyota plans to reboot its shrinking Chinese market with self-driving plans

Japanese automaker Toyota is reportedly planning to launch a new electric vehicle with self-driving technology in China next year through its local joint venture GAC Toyota. According to various reports, GAC Toyota — a joint venture with Chinese state-owned automaker Guangzhou Automobile Group — announced at an event in Guangzhou on Friday that it will […]