Electric vehicle

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…

Read More »
New Business

China’s car dealers feel life-threatening squeeze from price war, e-commerce rivals

Chinese car dealers, once the beneficiaries of the country’s booming automotive market, are facing a bleak future as they fall…

Read More »
New Business

Chinese regulators step up efforts to target disorderly price competition

Chinese regulators have launched renewed efforts to tackle the phenomenon of disorderly price competition, including the potential formulation of state-sanctioned…

Read More »
New Business

China’s No 2 carmaker Chery seeks US$1.2 billion in Hong Kong IPO

Chery Automobile, China’s second-largest carmaker by volume, aims to raise as much as HK$9.14 billion (US$1.2 billion) through a Hong…

Read More »
New Business

Chinese EV maker BYD’s profits fall as price war at home swamps surging overseas sales

China’s electric-vehicle (EV) king BYD reported a 30 per cent drop in profits in the second quarter as surging overseas…

Read More »
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…

Read More »
New Business

CATL posts 34% profit growth, defying weak global EV demand and geopolitical uncertainties

The company’s net profit rose 34 per cent year on year to 16.5 billion yuan (US$2.3 billion) in the three…

Read More »
New Business

Li Auto launches 6-seat electric SUV in pre-emptive strike against Tesla in China

Chinese carmaker Li Auto launched a pre-emptive strike against US rival Tesla by offering a new six-seat, fully electric SUV…

Read More »
New Business

‘The American dream has faded’: how Jeep reached the end of the road in China

Like many elder Chinese millennials, Alice Yu was deeply saddened last week when she heard the joint venture that made…

Read More »
New Business

Opinion | Will China’s bid to boost domestic demand pay off?

At the World Economic Forum’s “Summer Davos” meeting in Tianjin last month, Premier Li Qiang said that China is evolving…

Read More »
Back to top button