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China’s top electric vehicle makers increased deliveries by up to 36 per cent month on month in May as promotional campaigns and low prices lured consumers, but analysts have warned [...]

Visa delays and insufficient flight capacity have held back a full recovery in China’s outbound travel after the Covid-19 pandemic, according to the CEO of Trip.com Group, the country’s largest [...]

BYD has unveiled a new and improved version of its plug-in hybrid technology that it hopes will encourage more widespread adoption of electric cars in the world’s largest vehicle market, [...]

Fosun International, one of China’s largest private-sector conglomerates, has accelerated its pace of asset disposal after agreeing to sell German lender Hauck & Aufhauser Lampe (HAL) to Dutch bank ABN [...]

China’s hotel property owners should aim to double their returns to win over investors before ­packaging their assets into listed real estate investment trusts (Reits), as the industry enjoys a [...]

A price war among Chinese ­electric-vehicle assemblers is spreading to overseas markets as more than a dozen players look abroad to bolster sales and chase higher profits to offset losses [...]

China’s second-biggest carmaker FAW Group is teaming up with start-up Nio to promote battery-swap technology that would allay concerns among electric-vehicle owners about driving distance. The two companies have signed [...]

Chinese electric vehicle maker Xpeng Motors said losses narrowed last quarter on higher sales while margins improved, delivering a better report card than predicted by stock analysts. It also received [...]

Mainland electric vehicle maker Nio plans to stay on the sidelines amid a bruising price war in the sector, even after it launched a new mass-market brand to target budget-conscious [...]

Shenergy Group, a major ­natural gas supplier in Shanghai, is building facilities to turn ­mountains of kitchen food waste into green methanol, an alternative fuel for the carbon-intensive shipping industry, [...]

Punitive tariffs on Chinese-made electric vehicles (EVs) by the White House are likely to deter BYD, Zhejiang Leapmotor and other mainland peers from pushing their sales in the United States, [...]

Zeekr Intelligent Technology, the premium electric-vehicle unit controlled by Hong Kong-listed Geely Automobile, raised about US$441 million after increasing its stock offering in New York following strong demand from global [...]

Electric vehicle maker Xpeng is revving up its effort to enter right-hand-drive markets overseas, signing a partnership with an Australian car distributor just weeks after revealing plans to sell such [...]

China’s overseas vehicle shipments are set to grow at a clip this year, bolstered by surging sales in markets like Southeast Asia and the Middle East, as the country’s heft [...]

Yum China Holdings, which owns the KFC and Pizza Hut restaurant chains on the mainland, plans to open more stores in “untapped” parts of the country where it hopes its [...]

Jetour, a Chinese sport-utility vehicle (SUV) builder owned by Chery Holding Group, plans to manufacture two right-hand-drive models this year to accelerate its globalisation drive, targeting markets like Malaysia and [...]

BYD, the world’s largest ­manufacturer of electric vehicles, has reported a sharp fall in ­quarter-on-quarter profit after deliveries slumped by a third amid a bruising price war on the mainland. [...]

US electric car maker Tesla has passed a test of its compliance with Beijing’s data security rules, an endorsement it says could pave the way for the removal of some [...]

A bruising price war in China’s vehicle sector is set to escalate as electric vehicle makers intensify their bid for a bigger piece of the world’s biggest car market, according [...]

AeroHT, an affiliate of Chinese electric-vehicle maker Xpeng, has started the countdown for the commercialisation of its flying car and plans to start taking pre-orders in the fourth quarter. The [...]

International marques from Volkswagen to Honda, grappling with a falling market share in China, are mounting a spirited fightback in the market, focusing on reliability and safety as they build [...]

Further discounts offered by ­carmakers in a price war in the mainland’s electric vehicle market could ensnare even top seller BYD, Goldman Sachs has said. The overall industry’s net profit [...]

Volkswagen Group, which saw its market share shrink in China last year, plans to launch 30 new electric cars on the mainland by 2030 as it vies to keep up [...]

Li Auto, Tesla’s nearest mainland rival, reduced the price of all its vehicles by up to 5.7 per cent, a day after the US carmaker offered discounts to local customers [...]

Hesai Group, one of the world’s top makers of lidar sensors used in smart cars, has set its sights on Europe, buoyed by its efforts to make the components more [...]

Li Auto, one of Tesla’s closest rivals on the mainland, has priced its new mid-sized sport utility vehicle (SUV) more than 5 per cent lower than the US carmaker’s bestselling [...]

Tesla’s job cuts on the mainland involve mainly sales staff and will not affect production at its Shanghai factory, which accounts for more than half the carmaker’s total output, according [...]

Chinese carmakers are eyeing production sites in Europe to assemble the next generation of electric vehicles (EVs) in ­anticipation of possible EU tariffs, while a price war at home is [...]

State-owned carmaker Chery Automobile has taken a step towards tapping European ­electric-vehicle (EV) markets after its Omoda brand established a partnership with British car rental company Octopus Electric Vehicles. Omoda’s [...]

Spotlight Automotive, BMW’s 50-50 electric-vehicle (EV) venture with mainland partner Great Wall Motor, is designing new models that it hopes to sell globally. Cars including models under BMW-owned brand Mini [...]

Lianjia, the mainland’s largest property brokerage, has teamed up with coffee chain operator Manner to open a cafe in one of its outlets in Shanghai, as part of efforts to [...]

Chinese electric-vehicle (EV) maker Xpeng has taken a ­significant step towards tapping the right-hand drive market after forming a partnership with Malaysia’s Sime Darby to ­distribute its cars in Hong [...]

New-energy vehicles (NEVs) are expected to make up about half of new car sales on the mainland by 2030 as state incentives and more charging stations win over ­customers, according [...]

Li Auto plans to launch a new, more economical model aimed at families amid a price war in the country’s electric-vehicle (EV) market. The mid-sized, five-seater Li L6 SUV would [...]

Strong sales of smartphone ­vendor Xiaomi’s first electric car have exacerbated a price war in the sector, squeezing the profit margins of most players on the mainland. The SU7, with [...]

Transactions involving lived-in homes in Shanghai shot up in March as owners offered ­discounts to bargain hunters, but the outlook for the city’s housing market remains cloudy amid ­concerns over [...]

Tesla regained its crown as the world’s biggest seller of pure ­electric vehicles in the first quarter, as Huawei Technologies and other start-ups snapped at the heels of the market [...]

Aion, an electric vehicle unit of state-owned Chinese company GAC Group, plans to build its second Southeast Asia plant in Indonesia, upping the stakes in the potentially vast market in [...]

Tesla raised the prices of its Shanghai-made Model Y cars yesterday, bucking the trend set by a discount war that is squeezing the profit margins of most of its rivals [...]

Malaysian budget carrier AirAsia plans to start new routes connecting smaller Chinese cities with Southeast Asia to tap a ­recovery in the country’s travel market, as consumers become more budget-conscious. [...]

Shanghai plans to set up a 100 billion yuan (HK$108 billion) fund of funds focusing on key technology sectors to fire up the local economy, which is lagging behind the [...]

Fosun International, one of China’s largest private con­glomerates, will hasten its exit from non-core businesses to lower indebtedness and focus on cash-flow-generating assets in a bid to sustain its turnaround. [...]

BYD, the world’s largest electric- vehicle (EV) maker, is targeting a 20 per cent increase in sales this year, just a third of last year’s tally, as overcapacity concerns and [...]

Premium electric-vehicle maker Xpeng plans to launch a mass-market brand in a month to challenge market leader BYD amid an escalating price war. Models under this new brand would be [...]

Electric-vehicle maker Nio has teamed up with Contemporary Amperex Technology Ltd (CATL) to develop batteries with longer lives as a way to lower the overall costs for users. The two [...]

BYD, the world’s largest electric vehicle maker, has priced another model under the 100,000 yuan (HK$109,000) threshold as a discount war in the Chinese market intensifies. The firm announced yesterday [...]

Chinese smartphone maker Xiaomi will start deliveries of its maiden electric vehicle (EV) on March 28 as it joins the fray against established players such as BYD and Tesla amid [...]

Electric-vehicle (EV) maker Xpeng plans to launch its first right-hand drive model in the second half of this year as it accelerates its push to go global, targeting markets such [...]

Shanghai’s housing market looks set to continue its decline due to a lack of buying interest, as would-be buyers wary of a gloomy economic outlook still feel uneasy about the [...]

Tesla’s February deliveries in China, the world’s largest ­electric-vehicle (EV) market, failed to keep up with the overall industry amid an escalating price war. The US carmaker’s Gigafactory in Shanghai [...]