Tesla will introduce a longer, six-seat version of its popular Model Y SUV in China, a strategic move aimed at reclaiming market share in the world’s largest electric vehicle (EV) market amid increasing competition from domestic rivals. The new variant, dubbed the Model Y L, is set to debut this autumn, the US EV giant…
Hong Kong stocks rose on Thursday, led by carmakers, after China pledged to curb “irrational competition” in the electric vehicle (EV) sector. The Hang Seng Index advanced 0.3 per cent to 24,602.04 at 9.40am local time. The Hang Seng Tech Index added 0.3 per cent. On the mainland, the CSI 300 Index strengthened 0.3 per…
Hong Kong stocks rose by the most in two weeks on Tuesday after China’s second-quarter economic growth came in above expectations. The Hang Seng Index advanced 1.4 per cent to 24,545.57 at 10am local time, the most since June 24, adding to the 0.3 per cent increase on Monday. The Hang Seng Tech Index jumped…
This year, Beijing’s Tsinghua University is up two spots to be just outside the top 10. Peking University and Zhejiang University have also moved up the list, climbing to 25th and 45th respectively. The rankings are the latest list of the Best Global Universities compiled by American media company US News and World Report, which…
Donald Trump’s recent spats with Elon Musk – which included threats to deport the South African-born billionaire – have prompted speculation that he might move his business empire to China. That prompted Trump to write on social media earlier this month: “Elon may get more subsidy than any human being in history, by far, and…
While Tesla’s struggles dominate the headlines, a quieter but more significant story is unfolding: Chinese electric vehicle makers are on a tear. For the second consecutive quarter, Elon Musk’s Tesla has seen its sales decline, a stark contrast to the booming growth reported by rivals like BYD and NIO Inc, who are steadily gaining market…
Huawei has filed a patent detailing a sulfide-based solid-state battery design with energy densities between 180 and 225 Wh/lb, roughly two to three times higher than today’s typical electric vehicle batteries. While the Chinese tech giant does not manufacture its own branded vehicles, it works closely with automakers to integrate in-house advanced technologies into electric…
Investors today are looking for companies that aren’t just talking about change, but are leading in cleaner energy and lower emissions. One company doing exactly that is BYD Company Limited (HKEX: 1211 | OTC: BYDDY). With record EV sales, strong profits, and real action on sustainability, the Chinese EV maker stands out. In this article,…
TLDRs; Tesla’s sales in Germany plunged 60% in June 2025, signaling brand-specific challenges. Overall EV sales in Germany are rising, indicating Tesla’s issues aren’t market-wide. Chinese rival BYD has rapidly gained ground, outselling Tesla for two consecutive months. Tesla faces a wider European slump, with sales falling across multiple countries since January. Tesla’s once-commanding presence…
CATL and BYD‘s combined EV battery installations for January-May came in at 222.7 GWh, accounting for 55.5 percent of the global total. CATL’s market share remained the same as in January-April, while BYD’s share saw a slight increase. CATL (SHE: 300750) and BYD (HKG: 1211, OTCMKTS: BYDDY) maintained their positions as the world’s two largest…