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China’s CATL to build US$4.3 billion EV battery plant in Spain with Fiat owner Stellantis

China’s Contemporary Amperex Technology (CATL), the largest maker of batteries for electric vehicles (EVs), is building its third plant in…

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New Business

Embattled Chinese EV maker Hozon eyes exports to survive brutal domestic price war

Chinese electric vehicle (EV) start-up Hozon New Energy Automobile, which is reeling from a cutthroat price war on the mainland,…

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New Business

‘Race to the bottom’: General Motors grapples with huge losses, uncertain future in China

General Motors CEO Mary Barra has said that China’s crowded market is a “race to the bottom”. For GM, it’s…

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New Business

Chinese lidar sensor maker Hesai adamant about global push amid EV tariffs

Hesai Group, the world’s largest maker of the lidar sensors that many smart cars use to map their surroundings, remains…

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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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New Business

Donald Trump’s tariff plans turn Chinese investment in Mexico into a waiting game

Fears and uncertainties are quickly spreading among Chinese-funded companies in Mexico after US president-elect Donald Trump said that he would…

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New Business

UBS says foreign carmakers are at risk of losing up to US$20 billion a year in China

Foreign carmakers are at risk of losing up to US$20 billion in profit annually in China, amid intensified competition with…

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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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New Business

Trump cannot ignore TikTok ban, US senator says, pointing to bipartisan support

President-elect Donald Trump cannot ignore a law requiring Chinese-based ByteDance to divest its popular short video app TikTok in the…

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Tech

Geely counts on the Zeekr 7X midsize SUV to compete with Tesla’s bestselling Model Y

Zeekr Intelligent Technology, the premium electric vehicle (EV) maker controlled by Geely Auto, has unveiled a new sport-utility vehicle (SUV)…

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