BEIJING (Reuters) - Chinese electric vehicle maker BYD unveiled the U7, its third ultra-luxury model under the Yangwang brand, on Thursday, as it makes a push upmarket to increase profitability amid an intensifying price war. Last year, BYD added the Yangwang brand to its stable with an SUV and sports car priced over 1 million yuan ($138,009). ...

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HANOI, April 25 (Reuters) - Vietnamese billionaire Pham Nhat Vuong said on Thursday he had plans to support Nasdaq-listed electric vehicle maker VinFast with an additional $1 billion from his own fortune, and was also considering listings for other companies he owns. Speaking at a shareholder meeting of Vingroup, the conglomerate he chairs, Vuong said he could further expand investments...

BEIJING, April 25 (Reuters) - Chinese electric vehicle (EV) startup Nio has set the starting price of the new version of its ET7 sedan at 428,000 yuan ($59,063), its chief executive said on Thursday. Deliveries of the ET7 are near 30,000 units since deliveries started at the end of March 2022, Nio CEO William Li said, calling the car China's...