China Passenger Car Association

New Business

Chinese EV makers cannot stop ‘aggressive’ price-cutting – even as it imperils them

Chinese carmakers cut prices on pure electric vehicles (EVs) by an average of 10 per cent last month to spur…

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New Business

December EV sales of BYD, Nio, Xpeng, Li Auto, Leap, Zeekr soar on China’s buying spree

Half a dozen assemblers in China delivered record numbers of electric vehicles (EVs) to customers last month, as they rode…

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New Business

Exclusive | China’s EV champion Geely bets on tech edge to expand in Asia, EU

Geely Automobile Holdings, China’s second-largest carmaker, plans to embark on an asset-light strategy in the overseas smart electric vehicle (EV)…

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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

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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