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New Business

Chinese EV makers tipped to storm world’s top 10 carmakers by 2030, McKinsey forecasts

Up to five Chinese vehicle assemblers, leveraging their technology and production advantages in building electric cars, are likely to make…

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New Business

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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New Business

Alibaba to spin off its Banma autonomous driving business via an IPO on Hong Kong exchange

Alibaba Group Holding plans to spin off its Banma Network Technology unit, as one of China’s largest technology behemoths moves…

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New Business

Another Chinese car carrier sets record, putting spotlight on vehicle export ambitions

Two new car-carrying ships made in China, including one that can hold a record number of vehicles, embarked on their…

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New Business

While China’s EV exports to UK are down, plug-in hybrids are bucking the trend

After years of driving cars from European marques, one self-employed Londoner opted for a change in December and bought an…

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New Business

More Hong Kong IPO hopefuls emerge as sentiment draws global investors

More companies are making plans to raise funds from first-time stock offerings in Hong Kong, including those from the US,…

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New Business

China is building new ships at record pace to turbocharge its car exports

Chinese shipyards are building large new car transport vessels at an unprecedented pace as China looks to gain greater control…

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New Business

Electric vehicle deal with China is not close, top EU trade official says

The European Union and China are not close to finalising a deal that would end their long-running electric vehicle dispute,…

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Tech

China EV battery race: Tesla’s rivals join NIO in efforts to achieve 1,000km driving range on single charge target

China’s electric car assemblers and battery producers are setting a new goalpost in their battle for supremacy in the world’s…

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