China Passenger Car Association

New Business

Embattled Chinese EV maker Hozon eyes exports to survive brutal domestic price war

Chinese electric vehicle (EV) start-up Hozon New Energy Automobile, which is reeling from a cutthroat price war on the mainland,…

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New Business

UBS says foreign carmakers are at risk of losing up to US$20 billion a year in China

Foreign carmakers are at risk of losing up to US$20 billion in profit annually in China, amid intensified competition with…

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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

Geely’s Zeekr unit unveils ultra-fast-charging EV battery in China’s electrification race

Zeekr Intelligent Technology, the premium electric vehicle (EV) maker controlled by Geely Auto, has unveiled a new battery technology that…

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New Business

China’s premium EV sales cruise along, while price war pushes profits further off for most

Major electric vehicle (EV) makers in mainland China maintained sales momentum in July thanks to attractive discounts and the growing…

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New Business

China doubles cash subsidies to propel EV sales as economic growth falls short

Beijing has doubled subsidies granted to electric vehicle (EV) buyers, just three months after it rolled out incentives to accelerate…

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