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BYD

Chinese EV makers’ losses mount as rising sales fail to offset steep discounts

by Anas Siddiqui
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 the International Intelligent Vehicle Engineering Association. “When they run out …

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HKIC-backed start-up Spark forms historic Thai partnership for EV charging stations

by Ron Morgan
HKIC-backed start-up Spark forms historic Thai partnership for EV charging stations

An electric vehicle (EV) start-up backed by Hong Kong’s government-owned investment arm has formed a partnership with a Thai energy company, the first of its kind overseas, to supply green …

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

by Anas Siddiqui
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 forefront of the industry,” 31-year-old Peng declared at the online …

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

by Anas Siddiqui
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 per cent a year ago, amid an influx of carmakers …

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How do BYD, Tesla stack up against BMW, Mercedes-Benz in Hong Kong’s electric vehicle war?

by Anas Siddiqui
How do BYD, Tesla stack up against BMW, Mercedes-Benz in Hong Kong’s electric vehicle war?

Tesla is the top EV brand, with more than 40,000 vehicles registered in the city, representing 47 per cent of the 86,938 electric private cars, according to Transport Department figures …

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Tech war: China pumps up state subsidies for chip industry to counter US sanctions

by Anas Siddiqui
Tech war: China pumps up state subsidies for chip industry to counter US sanctions

Government subsidies received by leading players in China’s semiconductor industry – including foundries, chip design and packaging firms – jumped significantly last year, as Beijing doubled down on efforts to …

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Hozon files Hong Kong IPO to raise funds for its global growth, skirt China’s discount war

by Anas Siddiqui
Hozon files Hong Kong IPO to raise funds for its global growth, skirt China’s discount war

Hozon New Energy Automobile, the start-up behind the Neta brand of electric vehicles (EVs), has applied to raise capital in Hong Kong, joining BYD, Xpeng and Li Auto in using …

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Tesla may end up the only victim as Canada mulls punitive tariffs on Chinese-made EVs

by Anas Siddiqui
Tesla may end up the only victim as Canada mulls punitive tariffs on Chinese-made EVs

Canada accused China of “anticompetitive practices” as it announced it is set to launch a public consultation exploring potential tariffs on Chinese electric vehicles (EVs), similar to that carried out …

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CATL boss Robin Zeng urges China’s EV makers to stop cutting prices and focus on reliability

by Anas Siddiqui
CATL boss Robin Zeng urges China’s EV makers to stop cutting prices and focus on reliability

Robin Zeng, the founder and chairman of Contemporary Amperex Technology Ltd (CATL), has urged Chinese electric vehicle (EV) builders and car component manufacturers to cease the price war engulfing the …

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Opinion | How to read China’s economic report card for the first 5 months of 2024

by Walter Watson
Opinion | How to read China’s economic report card for the first 5 months of 2024

As the first half of 2024 comes to an end, the state of China’s economic recovery is a mixed bag of joy and concern. The positive aspect is that multiple …

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