Li Auto

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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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Shanghai firm sues to liquidate Hozon amid EV maker’s financial struggles

The cutthroat competition in mainland China’s electric vehicle (EV) market threatens to sink Hozon New Energy Automobile, as the maker…

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Hong Kong stocks sink by the most in 2 months as US-China trade tensions rise again

Hong Kong stocks fell by the most in nearly two months on Monday, as rising geopolitical tensions between the US…

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China’s EV price war threatens Nio and Xpeng’s plans to stem losses: JPMorgan

The earnings outlook for Chinese electric vehicle (EV) makers remains cloudy, as their profit margins further decline amid fierce price…

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