EV

New Business

China doubles cash subsidies to propel EV sales as economic growth falls short

Beijing has doubled subsidies granted to electric vehicle (EV) buyers, just three months after it rolled out incentives to accelerate…

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Tech

Apple supplier Foxconn breaks ground on electric vehicle plant in China’s Zhengzhou city

Apple supplier Foxconn breaks ground on electric vehicle plant in China’s Zhengzhou city Foxconn Technology Group, which runs the world’s…

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Tech

Xiaomi founder Lei Jun said US sanction fears spurred smartphone maker’s EV push

Lei Jun, founder and CEO of Chinese smartphone maker Xiaomi, said his fear of US sanctions in 2021 pushed him…

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New Business

Volkswagen extends ties with China’s Xpeng to develop new EV models, technologies

An E/E system connects all in-car electronic control units (ECUs), sensors and actuators to support a smart vehicle’s capabilities of…

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Tech

BeyonCa teams up with CATL, finance firms to accelerate ‘Made in Hong Kong’ EV goal

BeyonCa, a Chinese premium electric vehicle (EV) start-up backed by French carmaker Renault Group and Chinese state-owned Dongfeng Motor Corporation,…

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New Business

China’s second-largest car dealer faces forced delisting as investors snub its shares

China Grand Automotive Service, the mainland’s second-largest car dealer in terms of sales, is set to be expelled from the…

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New Business

Chinese lithium giant Ganfeng plans to trade derivatives to offset overseas risks

Ganfeng Lithium, China’s biggest producer of the key battery metal, plans to seek shareholders’ approval to engage in the trading…

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Tech

Tesla faces a new foe as China’s search engine Baidu allies with Volvo’s owner Geely to make electric cars

China’s leading search engine, Baidu, has entered the fray to take on Tesla and a clutch of domestic smart electric…

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New Business

Experts call for EV policy overhaul

KARACHI: Auto experts believe electric cars could become far more accessible to customers if the government addressed key policy issues.…

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