EV adoption

New Business

A bleak 2025 awaits China’s 30,000 car dealers as price war piles on US$24 billion losses

More than 30,000 car dealers in mainland China are facing another bleak year in 2025, with many turning from profit-generators…

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New Business

China mandates 30% EVs in government fleets in boost for carmakers, decarbonisation

Chinese government departments have been told to prioritise electric vehicle (EVs) purchases for official use, as Beijing ramps up efforts…

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New Business

Chinese EV makers BYD and Li Auto report higher earnings, narrower margins

“Top players have shown their resilience after getting off to a slow start this year,” said Ding Haifeng, a consultant…

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