EV adoption

New Business

Chinese robotaxi firms Pony.ai, WeRide on road to Hong Kong IPOs after regulator nod

Pony.ai and WeRide, two leading robotaxi operators in mainland China, have taken their first steps towards share offerings on the…

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New Business

FAW, China’s oldest carmaker, eyes 10% of Leapmotor to boost stake in EV surge

FAW Group, mainland China’s oldest carmaker, plans to acquire a 10 per cent stake in Stellantis-backed electric vehicle (EV) maker…

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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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