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Tesla launches revamped Model Y in China in bid to regain market share from Nio, Li Auto

Tesla China has priced its six-seat Model Y variant about 30 per cent higher than its basic edition and has…

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New Business

Tesla China starts taking orders for longer-range Model 3 EV, with 14% price bump

Tesla has begun offering its longer-range Model 3 variant to Chinese customers as it fights to regain market share from…

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Chinese EV makers’ July sales dip 5% as narrower discounts cool vehicle buyers’ ardour

Electric vehicle (EV) sales in mainland China hit a speed bump last month, sparking worries about the industry’s growth momentum…

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Robotics’ ‘ChatGPT moment’ could come within 2 years, founder of China’s Unitree says

The “ChatGPT moment” for the robotics industry could arrive in as little as two years if powerful artificial intelligence technology…

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BYD coaxes first-car buyers to go electric with an EV that’s 30% less than Tesla’s Model 3

Chinese electric vehicle (EV) manufacturer BYD is targeting first-time buyers in Hong Kong with the launch of a competitively priced…

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Chinese carmakers rein in EV price cuts at Beijing’s behest as discount war takes its toll

Chinese carmakers have refrained from offering steep discounts to align with Beijing’s efforts to protect a vital industry, but an…

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Tesla EV shipments slip from China factory as drivers choose cheaper local options

Deliveries by Tesla’s Shanghai Gigafactory dropped in July as the US maker of electric vehicles (EVs) failed to sustain sales…

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Nvidia’s printed circuit board vendor Victory Giant plans to raise funds in Hong Kong IPO

Nvidia supplier Victory Giant Technology (Huizhou) released plans for a Hong Kong share offering after regulators eased fundraising rules to…

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Li Auto launches 6-seat electric SUV in pre-emptive strike against Tesla in China

Chinese carmaker Li Auto launched a pre-emptive strike against US rival Tesla by offering a new six-seat, fully electric SUV…

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Shanghai conference sets stage for US-China face-off in heated race for AI supremacy

Shanghai will host its eighth annual flagship artificial intelligence (AI) conference this weekend as China ramps up competition against the…

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