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New Business

Chinese EV makers go global in bid to boost profits amid price war at home

Chinese electric vehicle (EV) makers, from bellwether BYD to start-up Dreame, have stepped up efforts to crack overseas markets as…

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New Business

China’s Geely to stop building new car plants amid severe global overcapacity: Li Shufu

Geely Auto, the mainland’s second-largest carmaker, will not build new plants amid excess capacity worldwide, a move that is likely…

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New Business

CATL, China’s top EV battery maker, eyes global dominance with US$5 billion Hong Kong IPO

Contemporary Amperex Technology, mainland China’s biggest producer of electric vehicle (EV) batteries, has been shrewd in seizing the opportunity presented…

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