cutthroat competition

New Business

China’s solar industry vows ‘fight to the end’ against cutthroat competition

China’s solar industry association has pledged to “fight to the end” to curb cutthroat competition driven by oversupply, vowing to…

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New Business

Chinese EV maker Nio eyes US$1.1 billion in proceeds from share placement

In a statement on Wednesday, the Shanghai-based carmaker said 181.8 million new shares would be issued, which would be allocated…

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New Business

How is the EV industry driving China’s ‘going global’ strategy?

The electric vehicle (EV) industry, formerly one of China’s most inward-focused industrial sectors, is now leading a push overseas, carrying…

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New Business

15 million new Chinese EVs to have self-driving features this year

About 15 million new cars taking to mainland China’s roads – even models priced below 100,000 yuan (US$13,914) – will…

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