“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 …
Good morning! It’s Thursday, August 21, 2024, and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. Here are …
Revenue jumped 36 per cent to 20 billion yuan (US$2.8 billion) in the April to June quarter, compared with the first three months of 2024. The figure exceeded the company’s …
As a fierce debate rages among China’s biggest electric vehicle (EV) manufacturers over an ongoing price war, a senior official has invoked “involution” – a term popularised by pessimistic online …
Hong Kong stocks wavered near an eight-month high as traders pondered whether to cash in on the bull run, while robust mainland tourism data for the holiday period helped support …
Hong Kong stocks struck two-month low as investors were rattled by reports of Israeli missiles hitting Iran, and the heightened Middle East tensions triggered a scramble for safe haven assets. …