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CATL gets CSRC nod for US$5 billion listing, in what may be Hong Kong’s biggest IPO in 4 years

The China Securities Regulatory Commission (CSRC) approved CATL’s plan to sell up to 220.17 million shares in the city, the…

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Volkswagen to launch 11 new models in China as it targets 4 million units by 2030

Volkswagen and its long-standing partner FAW Group will launch 11 new models exclusively for the Chinese market as it seeks…

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Future of Made-in-China: UBTech Robotics deploys first humanoid ‘team’ in car factory

A Shenzhen-based humanoid robot maker said it has deployed “dozens of robots” in an electric vehicle (EV) factory where they…

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Panda vs samurai: China’s panda-bond market size tops Japan’s amid yuan internationalisation

China’s so-called panda bonds – yuan-denominated debt securities issued by offshore companies operating on the mainland – have exceeded Japan’s…

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China trade team visits Germany to discuss cars after election and tariff spats, threats

A Chinese trade group headed to Germany on Monday to discuss cooperation in the automotive space, where both sides have…

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JPMorgan boosts BYD share price target by 60% on strong growth projections

JPMorgan Chase has raised its price target for BYD by more than 60 per cent, as it expects China’s leading…

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Double down or get out: the options for foreign carmakers in China amid shrinking share

Foreign carmakers are likely to see their market share in China shrink further this year as the brutal price war…

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Shanghai aims to reclaim China’s top carmaking crown with 100,000-unit Toyota plant

Shanghai has taken a big step towards reclaiming the title as the country’s largest vehicle production hub following Toyota Motor’s…

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BYD overtakes Tesla as world’s largest maker of pure electric cars in fourth quarter

BYD Auto, China’s electric vehicle (EV) king, was the world’s biggest seller of pure electric cars in the fourth quarter…

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New Business

China recalls cars from Tesla, Trumpchi as safety issues emerge

China has issued a recall for 77,650 domestically produced Tesla electric vehicles as well as more than 88,000 vehicles from…

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