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Baidu-backed Jiyue seeks traction in China’s premium EV market with second model launch

Jiyue, a premium electric vehicle (EV) maker backed by China’s search-engine giant Baidu, is doubling down on autonomous-driving technology as…

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New Business

Chinese EV makers BYD and Li Auto report higher earnings, narrower margins

“Top players have shown their resilience after getting off to a slow start this year,” said Ding Haifeng, a consultant…

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New Business

Xpeng prices Mona 03 EV model at 120,000 yuan with an eye on market leader BYD

Chinese electric vehicle (EV) maker Xpeng unveiled the first budget model under its new brand Mona on Tuesday, taking a…

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Tech

EV maker Zeekr posts record revenue, boosts output to take on Tesla, domestic rivals

Revenue jumped 36 per cent to 20 billion yuan (US$2.8 billion) in the April to June quarter, compared with the…

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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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Tech

Opinion | Why Apple’s iPhone is losing its shine in China

Since its debut more than 17 years ago, Apple’s iPhone has been more than a smartphone in the eyes of…

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New Business

Chinese EV maker Xpeng expects minimum 35% jump in sales, citing tech investments

Chinese electric vehicle (EV) maker Xpeng expects its deliveries to jump in the third quarter, as its CEO said past…

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Tech

Chinese EV maker Nio to amp up battery-swap network with 900 faster stations this year

“Only one-third of Chinese EV owners have charging piles for household use,” he said. “Charging facilities and technologies still need…

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Tech

Former Huawei ‘Genius Youth’ recruit launches humanoid robots to rival Tesla’s Optimus

“We have made some breakthroughs … in product research and development in the past year, and we’re now at the…

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New Business

Hong Kong is emerging as a key market and testing ground for Chinese EV makers. Here’s why

The market share of Chinese EV brands in Hong Kong nearly doubled to 30 per cent in June, from 16…

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