electric vehicles

New Business

Confidence of German businesses in China hits record low, survey finds

The confidence of German businesses operating in China has plummeted to a historic low, according to the results of a…

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New Business

‘Race to the bottom’: General Motors grapples with huge losses, uncertain future in China

General Motors CEO Mary Barra has said that China’s crowded market is a “race to the bottom”. For GM, it’s…

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New Business

Dutch chipmaker NXP, TSMC affiliate plan to expand US$7.8 billion Singapore venture

The Dutch chipmaker and its Taiwanese partner Vanguard International Semiconductor Corp (VIS) on Wednesday broke ground on a joint chip…

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New Business

Macroscope | China’s tariff troubles pale beside Germany’s economic woes

The tariff man is back. No sooner did US president-elect Donald Trump nominate a Wall-Street-friendly hedge fund manager as his…

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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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New Business

Opinion | 4 steps China can take to weather Trump’s tariffs

The United States is gradually closing its doors by reducing its trade with China. However, Chinese President Xi Jinping stressed…

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New Business

Opinion | The West can’t have it both ways on overcapacity

Political hypocrisy is a contradiction between a state’s professed ideals and actual practices – an inconsistency that undermines the coherence…

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Tech

Geely counts on the Zeekr 7X midsize SUV to compete with Tesla’s bestselling Model Y

Zeekr Intelligent Technology, the premium electric vehicle (EV) maker controlled by Geely Auto, has unveiled a new sport-utility vehicle (SUV)…

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New Business

PetroChina pays US$839 million to buy parent’s electric unit to shift towards green energy

PetroChina said its purchase of an electricity producer can help it move faster towards clean energy and become an integrated…

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New Business

Chinese EV maker Hozon launches latest model to boost sales ahead of Hong Kong IPO

“We feel it safe to say that the new model is worth owning because it will offer customers the best…

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