GAC Group

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Chinese robotaxi firm Pony.ai bets on ‘asset-light’ strategy for growth

Chinese autonomous-driving technology firm Pony.ai is betting on an “asset-light” strategy and newer generations of low-cost driverless cars to drive…

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New Business

Geely’s third-quarter revenue and profit soar on surging EV sales in mainland China

Geely Auto, mainland China’s second-largest carmaker, reported a 27 per cent jump in third-quarter revenue on the back of a…

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New Business

Chinese carmaker GAC’s electric-van unit takes aim at Ford and Stellantis in Europe

A commercial-vehicle subsidiary of China’s state-owned carmaker GAC Group has its sights set on Europe, where it hopes its electric…

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New Business

Indonesia gives tax incentives to EV makers including China’s BYD, GAC Aion

Indonesia will offer tax incentives to manufacturers including China’s BYD and GAC Aion, as well as French company Citroen, in…

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