“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 …
“Only one-third of Chinese EV owners have charging piles for household use,” he said. “Charging facilities and technologies still need to be improved to further ease range anxiety.” Nio will …
Hong Kong stocks fell on Tuesday as investors await developments on the US interest rate front after China left its key lending rates unchanged. The Hang Seng Index declined 0.4 …
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 …
China’s premium electric car makers can expect a smooth road ahead of them in 2024 as both consumer demand and product margins improve, giving the assemblers a respite from a …
Hong Kong stocks rose by the most in a month after a private report showed the services sector in mainland China expanded last month, in contrast with a slide in …
China’s top electric vehicle (EV) makers increased deliveries by up to 36 per cent month on month in May as promotional campaigns and low prices lured consumers, but analysts warned …
Li Auto, Tesla’s closest competitor in China’s electric-car market, reported weaker than expected results for the first quarter as deliveries failed to match expectations and margins came under pressure amid …
Bridgewater Associates, the world’s biggest hedge fund, pulled back drastically from Chinese stocks again last quarter, slashing its investment by nearly 90 per cent from a peak two years ago. …
The global automotive industry increasingly treats China as the “university for studying the latest technology and trends,” as well as being a “fitness studio of sorts to hone their competitiveness”, …