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From Cambridge to Suzhou: a Chinese AI start-up’s journey to unicorn status

In 2007, a Chinese PhD student at the University of Cambridge launched a start-up with a former classmate focused on…

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New Business

Chinese lidar maker Hesai to open first overseas plant in Southeast Asia next year

China’s Hesai Group, the world’s largest maker of automotive lidar sensors, plans to open its first plant outside the mainland…

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New Business

On Balance | How Trump’s erratic tariffs could crash his US car production goals

Many Americans who came of age in the 1980s will remember when Honda Accords and Toyota Camrys became the preferred…

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BMW, Toyota, Mercedes-Benz recall nearly 70,000 vehicles in China over safety concerns

Carmakers including BMW, Toyota and Mercedes-Benz are recalling a total of 69,793 vehicles in China due to potential safety risks,…

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Chinese EV maker Nio to join fray in right-hand-drive car markets

Chinese electric vehicle (EV) maker Nio plans to build its first right-hand-drive cars to tap markets including the UK and…

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New Business

BYD’s Denza launches N9 SUV to rival Mercedes, BMW in premium EV segment

China’s biggest electric vehicle (EV) maker BYD launched its most expensive model under its Denza brand to challenge BMW and…

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Panda vs samurai: China’s panda-bond market size tops Japan’s amid yuan internationalisation

China’s so-called panda bonds – yuan-denominated debt securities issued by offshore companies operating on the mainland – have exceeded Japan’s…

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Double down or get out: the options for foreign carmakers in China amid shrinking share

Foreign carmakers are likely to see their market share in China shrink further this year as the brutal price war…

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China recalls cars from Tesla, Trumpchi as safety issues emerge

China has issued a recall for 77,650 domestically produced Tesla electric vehicles as well as more than 88,000 vehicles from…

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Confidence of German businesses in China hits record low, survey finds

The confidence of German businesses operating in China has plummeted to a historic low, according to the results of a…

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