Li Auto

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Chinese EV makers’ July sales dip 5% as narrower discounts cool vehicle buyers’ ardour

Electric vehicle (EV) sales in mainland China hit a speed bump last month, sparking worries about the industry’s growth momentum…

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Chinese carmakers rein in EV price cuts at Beijing’s behest as discount war takes its toll

Chinese carmakers have refrained from offering steep discounts to align with Beijing’s efforts to protect a vital industry, but an…

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Tesla EV shipments slip from China factory as drivers choose cheaper local options

Deliveries by Tesla’s Shanghai Gigafactory dropped in July as the US maker of electric vehicles (EVs) failed to sustain sales…

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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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Hong Kong stocks pare gains after China’s second-quarter growth exceeds expectations

Hong Kong stocks rose on Tuesday after China’s second-quarter economic growth came in above expectations. The Hang Seng Index pared…

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Stop the price wars: China’s state media guns target cutthroat industrial competition

China’s Communist Party mouthpiece has taken another shot at the unsustainable price wars dragging down industrial profits in the world’s…

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Xiaomi takes aim at Tesla with 4% cheaper YU7 SUV, a Model Y competitor

Xiaomi, the Chinese smartphone maker and electric-car start-up, priced its YU7 sport-utility vehicle (SUV) at a 4 per cent discount…

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CATL executive warns of risks from EV price cuts, calls on Beijing to intervene

A senior executive from Contemporary Amperex Technology (CATL), the world’s largest producer of batteries for electric vehicles (EVs), urged authorities…

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Hong Kong stocks tumble for second day on Middle East fears

Hong Kong stocks fell for the second straight day on Wednesday as Middle East geopolitical tensions weighed on markets, stoking…

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Exclusive | SemiDrive to supply EV cockpit chips to European carmaker as Chinese firms go global

Chinese automotive chip firm SemiDrive will start supplying its cockpit system-on-a-chip (SoC) to an undisclosed European carmaker late next year,…

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