Li Auto

New Business

Chinese lidar sensor maker Hesai adamant about global push amid EV tariffs

Hesai Group, the world’s largest maker of the lidar sensors that many smart cars use to map their surroundings, remains…

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Tech

Geely counts on the Zeekr 7X midsize SUV to compete with Tesla’s bestselling Model Y

Zeekr Intelligent Technology, the premium electric vehicle (EV) maker controlled by Geely Auto, has unveiled a new sport-utility vehicle (SUV)…

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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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Tech

Chinese EV makers’ losses mount as rising sales fail to offset steep discounts

“Time is against many companies since they need to survive a cutthroat price war,” said David Zhang, general secretary of…

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Tech

Chinese EV maker Nio to amp up battery-swap network with 900 faster stations this year

“Only one-third of Chinese EV owners have charging piles for household use,” he said. “Charging facilities and technologies still need…

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New Business

Bridgewater steps back from China as biggest hedge fund slashes stock bets for 7th quarter

The retreat shows how far Chinese stocks have gone out of favour as peers in the US and other emerging…

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New Business

Hong Kong stocks slide after US data shock triggers regional sell-off

Hong Kong stocks stumbled after a surge in US unemployment and manufacturing contraction triggered worries about a slowdown in the…

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New Business

China’s premium EV sales cruise along, while price war pushes profits further off for most

Major electric vehicle (EV) makers in mainland China maintained sales momentum in July thanks to attractive discounts and the growing…

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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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