“The growth may beat our expectations, buoyed by improved production efficiency and rising demand from clients,” he said. Li Yi, founder and CEO of Appotronics. Photo: Handout Appotronics, listed on …
The same trend is seen in China’s battery exports to Mexico, particularly the lithium batteries used in electric vehicles. China’s battery exports to Mexico rose 35 per cent year on …
“The month-on-month fall in deliveries appears to be bigger than what dealers had expected,” said Zhao Zhen, a sales director with Shanghai-based dealer Wan Zhuo Auto. “Consumers are more cautious …
The company, based in Ningde in East China’s Fujian province, said in a filing to the Shenzhen Stock Exchange on Tuesday evening that earnings for last year would reach 42.5 …
The Shenzhen-based company said in a filing to the Hong Kong and Shenzhen stock exchanges on Monday evening that its net profit for last year would come in at between …
The fast rail project has been controversial, with the European Commission suspicious of its lack of transparency. The BYD investment appears to demonstrate that the rail project will nevertheless generate …
BYD, the world’s largest electric vehicle (EV) maker, will invest 100 billion yuan (US$14 billion) in smart cars, as the company expects intelligent new energy vehicles to be the next …
Tesla has cut the prices of its Shanghai-made vehicles by up to 6 per cent as it works to maintain its leading position in the premium segment of the world’s …
China’s car sector broke production and sales records last year, buoyed by surging deliveries of electric vehicles and rising exports to markets such as Russia, making it a key growth …
Volkswagen (VW) and General Motors (GM), once the dominant players in China’s car sector, are now struggling to keep up with mainland-based electric vehicle (EV) makers as their petrol-powered line-ups …