Gao Shen

New Business

Chinese shipyards shift focus to advanced vessels as South Korean rivals gain ground

Chinese shipyards, facing a drop in orders, plan to divert more capacity towards new-energy and advanced vessels to maintain profitability…

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New Business

Tesla China starts taking orders for longer-range Model 3 EV, with 14% price bump

Tesla has begun offering its longer-range Model 3 variant to Chinese customers as it fights to regain market share from…

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New Business

Li Auto launches 6-seat electric SUV in pre-emptive strike against Tesla in China

Chinese carmaker Li Auto launched a pre-emptive strike against US rival Tesla by offering a new six-seat, fully electric SUV…

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New Business

No-shows at Shanghai car expo reflect brutal competition in mainland market

At least 15 companies did not show up at this year’s Shanghai Auto Show, adding to evidence that cutthroat competition…

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New Business

EV maker Xpeng to test autonomous driving software in Hong Kong to support go-global drive

Chinese electric vehicle (EV) maker Xpeng said it would use Hong Kong to test its artificial intelligence (AI)-powered self-driving technology,…

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New Business

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

Chinese EV makers face ‘do-or-die moment’ as competitive screws tighten

Unprofitable Chinese electric vehicle (EV) makers, ravaged by a discount war at home and higher tariffs abroad, are stepping up…

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