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HSBC to back Chinese companies in their global expansion plans, CEO Elhedery says

HSBC Holdings, one of Europe’s largest banking groups by assets, has pledged to support companies from mainland China in their…

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New Business

Xpeng says robotics industry will get bigger than automotive sector in the next few years

Chinese electric vehicle (EV) maker Xpeng said the robotics industry will become larger than the automotive sector in the next…

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BYD stirs EV rivalry in China with on-vehicle DJI drone system to spur sales

BYD, the world’s largest electric vehicle (EV) manufacturer, is offering an on-vehicle drone system to help boost sales, raising the…

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Foxconn breaks ground on new headquarters in Zhengzhou as it expands into EVs and more

The facility in Zhengzhou, the capital of central Henan province where Foxconn runs the world’s largest iPhone factory, on Thursday…

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Zeekr joins China’s autonomous-driving race with plans to unveil tech at Shanghai car show

Chinese carmaker Zeekr Intelligent Technology, which is controlled by Geely Auto, has joined the autonomous-driving bandwagon, after completing a merger…

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Geely, Xpeng EV models threaten market leaders with cheaper, more intelligent cars

Two electric vehicle (EV) models targeting middle-income consumers in mainland China with lower prices have emerged as Tesla’s strongest rivals,…

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Shanghai aims to reclaim China’s top carmaking crown with 100,000-unit Toyota plant

Shanghai has taken a big step towards reclaiming the title as the country’s largest vehicle production hub following Toyota Motor’s…

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Tianqi Lithium warns of US$1 billion loss on price slump, halt to Australian expansion

Tianqi Lithium, one of the world’s largest producers of lithium-ion battery materials, warned of a worse-than-expected loss because of a…

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China’s EV sales stumble off the line in 2025, raising profit concerns for carmakers

Deliveries of pure electric and plug-in hybrid cars across mainland China plummeted 50 per cent to 206,000 units in the…

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New Business

CES 2025: Chinese firms show leading AI-powered robots, EVs, smart glasses

Chinese companies made their presence felt at the tech industry’s annual flagship event CES 2025, in terms of the number…

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