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Market Insider

Chinese EV company Zeekr says its battery can charge faster than Tesla

by Horatio Thompson
Chinese EV company Zeekr says its battery can charge faster than Tesla

The New York Stock Exchange welcomes Zeekr Intelligent Technology Holding Limited in celebration of its initial public offering on May 10, 2024. BEIJING — Chinese electric car brand Zeekr announced …

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More than half of new cars sold in China are now electric or hybrid

by Horatio Thompson
More than half of new cars sold in China are now electric or hybrid

BYD’s new luxury brand Yangwang is selling its first model, the U8, for more than 1 million yuan (US$160,000). CNBC | Evelyn Cheng BEIJING — For the first time in …

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Chinese shoppers flock to Japan to take advantage of the weak yen

by Franz Hernandez
Chinese shoppers flock to Japan to take advantage of the weak yen

Chuo Ward, Tokyo, Japan – February 23, 2018; Top luxury shopping streets with multi colored neon signs. Ginza avenues are lined with shops of expensive brands and restaurants in the …

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China’s robotaxi push sparks concerns about job security for drivers

by Horatio Thompson
China’s robotaxi push sparks concerns about job security for drivers

More than 70% of Baidu Apollo Go robotaxi rides in Wuhan were fully driverless as of April, and the company said in May it expected 100% of the rides to …

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Global chip equipment makers double China revenue share since U.S. controls

by Walter Watson
Global chip equipment makers double China revenue share since U.S. controls

A worker produces chips at a semiconductor manufacturing enterprise in Binzhou, China, on June 4, 2024. Nurphoto | Nurphoto | Getty Images BEIJING — Four of the world’s largest semiconductor …

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Cisco is ‘very optimistic’ about its growing business with China EVs

by Edgar Davis
Cisco is ‘very optimistic’ about its growing business with China EVs

Cisco established operations in China in 1994. Sopa Images | Lightrocket | Getty Images DALIAN, China — Cisco is “very optimistic” about its growing business with Chinese electric car companies …

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China’s EV architect says investing in Europe is a way forward

by Horatio Thompson
China’s EV architect says investing in Europe is a way forward

Wan Gang is widely credited for spearheading China’s electric car strategy many years ago. Bloomberg | Bloomberg | Getty Images HEFEI, China — The man who spearheaded China’s electric car …

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China’s yuan RMB internationalization needs more ‘applications,’ HKEX CEO

by Walter Watson
China’s yuan RMB internationalization needs more ‘applications,’ HKEX CEO

A bank employee count China’s renminbi (RMB) or yuan notes next to U.S. dollar notes at a Kasikornbank in Bangkok, Thailand, January 26, 2023. Athit Perawongmetha | Reuters DALIAN, China …

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China’s premier defends national competitiveness amid trade tensions

by Walter Watson
China’s premier defends national competitiveness amid trade tensions

China’s Premier Li Qiang speaks during the 54th annual meeting of the World Economic Forum in Davos, Switzerland, January 16, 2024.  Denis Balibouse | Reuters DALIAN, China — Chinese Premier …

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China growth worries have hit Moutai. Some see opportunity

by Walter Watson
China growth worries have hit Moutai. Some see opportunity

Prices of a prestigious Chinese alcohol brand are falling, stoking worries about economic growth. “Flying Fairy,” a 53% alcohol from Shanghai-listed Kweichow Moutai , saw wholesale prices drop by more …

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