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China’s EV boom has the EU setting up roadblocks. Can cooperation clear the way?

This year marks half a century of formal diplomatic relations between China and the European Union, as well as the…

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New Business

Germany’s Bavaria open to Chinese investment despite EU tensions, state minister says

Fifty years ago, Christian Social Union in Bavaria chairman Franz Josef Strauss visited Beijing, becoming the first West German politician…

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New Business

Li Auto launches 6-seat electric SUV in pre-emptive strike against Tesla in China

Chinese carmaker Li Auto launched a pre-emptive strike against US rival Tesla by offering a new six-seat, fully electric SUV…

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New Business

‘The American dream has faded’: how Jeep reached the end of the road in China

Like many elder Chinese millennials, Alice Yu was deeply saddened last week when she heard the joint venture that made…

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New Business

Chinese carmakers put brakes on autonomous-driving hype at Shanghai show

Carmakers and supply-chain players have overhauled their rhetoric around autonomous driving – make that “driver assistance” – at China’s largest…

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New Business

BYD’s Denza launches N9 SUV to rival Mercedes, BMW in premium EV segment

China’s biggest electric vehicle (EV) maker BYD launched its most expensive model under its Denza brand to challenge BMW and…

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New Business

Volkswagen to launch 11 new models in China as it targets 4 million units by 2030

Volkswagen and its long-standing partner FAW Group will launch 11 new models exclusively for the Chinese market as it seeks…

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New Business

Future of Made-in-China: UBTech Robotics deploys first humanoid ‘team’ in car factory

A Shenzhen-based humanoid robot maker said it has deployed “dozens of robots” in an electric vehicle (EV) factory where they…

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New Business

Chinese EV maker Nio takes aim at foreign luxury marques BMW, Audi with new sedan

International car brands, already experiencing a sharp sales decline, have one more thing to worry about as Chinese electric vehicle…

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New Business

BMW raises prices after China’s brutal discount war fails to boost deliveries

BMW is no longer pursuing a strategy of boosting sales volumes since massive price cuts failed to effectively bolster deliveries…

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