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New Business

Tesla cuts price of new Model 3 in China as moment of truth nears for variant strategy

The US carmaker said on Monday that it would price the Shanghai-made car, which boasts a driving range of 830km,…

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New Business

Dongfeng Motor to list Voyah EV brand in Hong Kong, take parent company private

Dongfeng Motor, a major state-owned Chinese carmaker, plans to privatise its Hong Kong-traded unit and list its electric vehicle (EV)…

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New Business

China unveils world’s first humanoid robot that changes its own batteries

China’s robotics industry chalked up another world first on Thursday, as a company based in Shenzhen announced it had developed…

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New Business

Xiaomi takes aim at Tesla with 4% cheaper YU7 SUV, a Model Y competitor

Xiaomi, the Chinese smartphone maker and electric-car start-up, priced its YU7 sport-utility vehicle (SUV) at a 4 per cent discount…

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New Business

China’s EV price war threatens Nio and Xpeng’s plans to stem losses: JPMorgan

The earnings outlook for Chinese electric vehicle (EV) makers remains cloudy, as their profit margins further decline amid fierce price…

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New Business

BYD overtakes Tesla as world’s largest maker of pure electric cars in fourth quarter

BYD Auto, China’s electric vehicle (EV) king, was the world’s biggest seller of pure electric cars in the fourth quarter…

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