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China’s Xpeng unveils hybrid SUV version boasting world’s longest driving distance

Chinese electric vehicle (EV) giant Xpeng Motors has launched a new hybrid version of its G7 that it says offers…

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China’s CATL, Nio deepen partnership to develop EV batteries with longer lifespans

Contemporary Amperex Technol­ogy Ltd (CATL), the world’s largest maker of electric vehicle (EV) batteries, has intensified efforts to develop batteries…

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Chinese EV battery giant CATL and Guoxin Micro set up new automotive chip firm

CATL-owned Wending Investment, Guoxin Micro subsidiary Tongxin Micro and five affiliates have agreed to establish Tongxin Micro Technology with a…

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Chinese EV makers step on the gas abroad as hedge against weaker mainland sales

Chinese electric vehicle (EV) builders are increasingly shipping their cars abroad to spur international sales ahead of an expected downturn…

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US funds tread carefully on China as Oaktree and Appaloosa recalibrate positions

Major US fund managers stayed cautious on China in the third quarter, with Oaktree Capital Management rebalancing its exposure to…

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Volkswagen to make own advanced chips in China for locally made autonomous vehicles

The German carmaker on Wednesday said Carizon – a venture it jointly owned with Horizon Robotics, a designer of artificial…

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China’s EV boom has the EU setting up roadblocks. Can cooperation clear the way?

This year marks half a century of formal diplomatic relations between China and the European Union, as well as the…

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Germany’s Bavaria open to Chinese investment despite EU tensions, state minister says

Fifty years ago, Christian Social Union in Bavaria chairman Franz Josef Strauss visited Beijing, becoming the first West German politician…

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Chinese EV maker Nio eyes US$1.1 billion in proceeds from share placement

In a statement on Wednesday, the Shanghai-based carmaker said 181.8 million new shares would be issued, which would be allocated…

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Lidar giant Hesai seeks US$500 million in Hong Kong dual listing amid US-China tensions

Hesai Group, the world’s largest supplier of automotive lidar sensors, is seeking to raise up to HK$3.9 billion (US$500 million)…

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