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New Business

Chinese EV makers cannot stop ‘aggressive’ price-cutting – even as it imperils them

Chinese carmakers cut prices on pure electric vehicles (EVs) by an average of 10 per cent last month to spur…

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New Business

China mandates 30% EVs in government fleets in boost for carmakers, decarbonisation

Chinese government departments have been told to prioritise electric vehicle (EVs) purchases for official use, as Beijing ramps up efforts…

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New Business

Buy or wait? Chinese consumers bet on more subsidies to revive economy

There is a reason China’s business community is fretting. Retail sales have been sluggish this year as households lock up…

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New Business

Exclusive | China’s EV champion Geely bets on tech edge to expand in Asia, EU

Geely Automobile Holdings, China’s second-largest carmaker, plans to embark on an asset-light strategy in the overseas smart electric vehicle (EV)…

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