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Chinese EV maker Xpeng unveils budget car models priced under US$17,000

Chinese electric vehicle manufacturer Xpeng launched a series of budget models equipped with preliminary autonomous driving systems on August 27,…

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New Business

Xpeng prices Mona 03 EV model at 120,000 yuan with an eye on market leader BYD

Chinese electric vehicle (EV) maker Xpeng unveiled the first budget model under its new brand Mona on Tuesday, taking a…

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New Business

Xpeng aims to assemble EVs in Europe to blunt impact of import tariffs, CEO says

Xpeng is looking for a manufacturing site in Europe, making it the latest Chinese electric-vehicle maker seeking to mitigate the…

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New Business

Chinese EV maker Hozon launches latest model to boost sales ahead of Hong Kong IPO

“We feel it safe to say that the new model is worth owning because it will offer customers the best…

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Tech

HKIC-backed start-up Spark forms historic Thai partnership for EV charging stations

An electric vehicle (EV) start-up backed by Hong Kong’s government-owned investment arm has formed a partnership with a Thai energy…

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Tech

Chinese EV makers’ losses mount as rising sales fail to offset steep discounts

“Time is against many companies since they need to survive a cutthroat price war,” said David Zhang, general secretary of…

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Tech

Former Huawei ‘Genius Youth’ recruit launches humanoid robots to rival Tesla’s Optimus

“We have made some breakthroughs … in product research and development in the past year, and we’re now at the…

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New Business

Hong Kong is emerging as a key market and testing ground for Chinese EV makers. Here’s why

The market share of Chinese EV brands in Hong Kong nearly doubled to 30 per cent in June, from 16…

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Tech

Tech war: China pumps up state subsidies for chip industry to counter US sanctions

Government subsidies received by leading players in China’s semiconductor industry – including foundries, chip design and packaging firms – jumped…

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New Business

How do BYD, Tesla stack up against BMW, Mercedes-Benz in Hong Kong’s electric vehicle war?

Tesla is the top EV brand, with more than 40,000 vehicles registered in the city, representing 47 per cent of…

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