profitability

New Business

Chinese EV makers face ‘do-or-die moment’ as competitive screws tighten

Unprofitable Chinese electric vehicle (EV) makers, ravaged by a discount war at home and higher tariffs abroad, are stepping up…

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Tech

Chinese EV makers’ losses mount as rising sales fail to offset steep discounts

“Time is against many companies since they need to survive a cutthroat price war,” said David Zhang, general secretary of…

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New Business

China’s second-largest car dealer faces forced delisting as investors snub its shares

China Grand Automotive Service, the mainland’s second-largest car dealer in terms of sales, is set to be expelled from the…

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