Xpeng

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Xpeng says robotics industry will get bigger than automotive sector in the next few years

Chinese electric vehicle (EV) maker Xpeng said the robotics industry will become larger than the automotive sector in the next…

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New Business

Chinese EV maker Xpeng trims losses on 23% revenue rise

Chinese electric-vehicle (EV) maker Xpeng said its fourth-quarter loss narrowed from a year earlier, beating a consensus estimate, while its…

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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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Hong Kong stocks slip with Asian markets, Nasdaq on heightened recession risks

Hong Kong stocks slid for a third straight day, tracking losses in major Asian markets, amid concerns rising tensions in…

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Xpeng chairman sees Hong Kong as launch pad for self-driving EVs

Chinese electric vehicle (EV) maker Xpeng Motors hopes to make Hong Kong a launch pad for its autonomous driving technology…

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Tesla’s February sales slump in China as buyers turn to domestic rivals BYD, Xiaomi, Xpeng

Tesla continued to lose market share on the mainland to its Chinese rivals in February, as sales plunged more than…

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EV maker Xpeng to test autonomous driving software in Hong Kong to support go-global drive

Chinese electric vehicle (EV) maker Xpeng said it would use Hong Kong to test its artificial intelligence (AI)-powered self-driving technology,…

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Citigroup eyes US$500 billion in outbound investments from China and East Asia

Major companies from China, Taiwan and South Korea would be responsible for nearly half a trillion dollars in outbound investments…

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BYD to add autopilot system in EVs to gain edge amid China’s price war

BYD plans to offer an autopilot system in nearly all its cars, making autonomous driving affordable to all mainland Chinese…

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New Business

Geely, Xpeng EV models threaten market leaders with cheaper, more intelligent cars

Two electric vehicle (EV) models targeting middle-income consumers in mainland China with lower prices have emerged as Tesla’s strongest rivals,…

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