Call them China’s Sputnik moments: DeepSeek. BYD and Xiaomi cars. A robot Olympics in Beijing. Huawei’s resurgence. And Labubu. Labubu did its job. The little gremlin doll made it clear that a brand being from China is no longer shorthand for cheap. Pop Mart has built trust to such an extent that company management is…
In the first of a two-part series about Hong Kong’s market for initial public offerings, Zhang Shidong and Ao Yulu report that more Chinese companies opted to list in Hong Kong in the first eight months of 2025 than in New York. Hong Kong has overtaken the US as the new listing venue for Chinese…
A record high number of private-sector executives and chief scientists have been shortlisted this year to compete for academicianship in China’s top institute for engineering science and technology. Nineteen are included on the newly released candidate list for the Chinese Academy of Engineering (CAE), including Hu Guoping, 48, principal researcher and co-founder of AI specialist…
Hong Kong is back in the game. After years of silence, the city’s IPO machine is firing on all cylinderspowered by a surge in Chinese capital raising. CATL, China’s battery giant, led the way with a $5.2 billion listing to fund its Hungarian factory supplying Mercedes and BMW. BYD (BYDDF), a major Tesla (NASDAQ:TSLA) competitor,…
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General Motors is extremely proud of its #2 slot in domestic EV sales, second only to industry leader Tesla in the US market. Despite the ongoing tariff turmoil and the forthcoming loss of the federal tax credit, the automaker is still determined to blow past Tesla for the #1 crown. In the latest news, GM…
CATL and BYD‘s combined EV battery installations in the first half of 2025 stood at 280.8 GWh, accounting for 55.7 percent of the global total. CATL’s market share in January-June saw a slight decline compared to January-May, while BYD’s share saw a slight increase. In the first half of 2025, CATL (SHE: 300750) and BYD…
China’s latest export restrictions on eight key electric vehicle (EV) battery technologies officially took effect this week, about half a year after it announced its intention to implement them. According to the rules announced by the Ministry of Commerce and the Ministry of Science and Technology, manufacturers using the technologies in the production of EV…
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…
A senior executive from Contemporary Amperex Technology (CATL), the world’s largest producer of batteries for electric vehicles (EVs), urged authorities on the mainland to intervene in the price war that is roiling the market for new energy cars. Ni Jun, CATL’s chief manufacturing officer, on Wednesday said the brutal discount war would not end if…