Electric vehicle

New Business

Can rising lithium costs save China’s energy storage firms from a brutal price war?

China’s energy storage firms, battered by a three-year price war, have been jolted by lithium battery maker Deegares, which has…

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New Business

BYD ups the ante on L3 autonomous cars, begins testing models for mass production

Chinese electric vehicle (EV) leader BYD has reinforced its push to build and sell more cars fitted with level 3…

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New Business

Xiaomi launches open-source model to compete against DeepSeek, Moonshot, OpenAI systems

Available worldwide on Xiaomi’s developer site MiMo Studio, Hugging Face and the API Platform, MiMo-V2-Flash “particularly excels in reasoning, coding…

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New Business

China bets on bio-manufacturing as new growth engine, bid for tech self-reliance

China is betting on bio-manufacturing to boost technological self-reliance and drive economic growth as part of the next five-year plan,…

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New Business

Chinese carmakers push robotics for edge over US, Xpeng records revenue gains: 7 EV reads

We have put together stories from our coverage on electric and new energy vehicles from the past two weeks to…

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New Business

Xiaomi open-sources AI model spanning autonomous driving and robotics

Xiaomi has open-sourced a new foundation model that integrates autonomous driving and embodied artificial intelligence, as the Chinese smartphone and…

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New Business

China’s Xpeng posts record revenue as robotaxi and humanoid ambitions take shape

The Guangzhou-based firm’s net loss narrowed by nearly 80 per cent to 380.9 million yuan (US$53.6 million) in the third…

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New Business

Geely’s third-quarter revenue and profit soar on surging EV sales in mainland China

Geely Auto, mainland China’s second-largest carmaker, reported a 27 per cent jump in third-quarter revenue on the back of a…

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New Business

China cracks down on export of ‘zero-mileage’ cars falsely declared to be used

China has moved to tighten regulations on used car exports, cracking down on new vehicles falsely declared to be second…

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New Business

China vows to double EV charging capacity by 2027 in major nationwide expansion

China aims to double its electric vehicle (EV) charging capacity by the end of 2027, building 28 million facilities nationwide…

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