1. Chinese EV makers Nio, Xpeng, Geely’s Zeekr and Leapmotor face do-or-die moment amid overcapacity and tariff woes China’s electric-vehicle manufacturers face a critical juncture as overcapacity and high tariffs force unprofitable companies to cut costs and launch new models to survive in a fiercely competitive market. Only self-sustaining firms will endure, analysts predict, as…
While electric vehicle (EV) sales are lagging in the U.S., contrary to the previously optimistic forecasts, Chinese EV sales are now booming. Several major Chinese automotive companies, as well as multiple start-ups, have reported record sales figures in the third quarter of the year. This trend has been widely anticipated by industry experts thanks to…
Hong Kong’s leader has expressed confidence in deepening collaboration with Shanghai, while assuring businesses and professionals in the mainland Chinese city that his administration’s focus has shifted from politics to economic development. Chief Executive John Lee Ka-chiu praised the close ties as he concluded a three-day visit to Shanghai on Wednesday, where he met officials…
The South China Morning Post is embarking on a six-part series of motoring reviews to focus on Chinese electric vehicles that are made for the export market, either in the right-hand drive versions or their original left-hand drive editions. In this instalment, Mark Andrews puts Nio’s ET7 through its paces, concluding that the car’s quality…
Four major Chinese electric vehicle (EV) makers reported record monthly sales in October, buoyed by surging domestic demand, even as they grappled with barriers to overseas growth amid punitive tariffs levied by the European Union (EU). BYD, the world’s largest EV assembler, sold 502,757 pure-electric and hybrid EVs last month, up 66.5 per cent year…
The presidential race between Donald Trump and Kamala Harris comes at a time of rising geopolitical tensions on multiple fronts. In the 14th report of an in-depth series, we look at China’s rise in hi-tech manufacturing and the US’ efforts to contain it. After decades spent working around the clock to produce an almost unimaginable…
In the second instalment of a three-part series on China’s electric vehicles, Daniel Ren and Yujie Xue look at the key technologies of major Chinese EV assemblers battling for supremacy in the world’s largest and fastest-growing automotive market. Click here for the first part. China’s electric vehicle (EV) makers are “an existential threat” to America’s…
Science and technology should lead the modernisation of China, President Xi Jinping emphasised, as he gave a fresh push to innovation in the southeastern hi-tech hub of Hefei earlier this week. “To advance modernisation in the Chinese style, science and technology must take the lead, with technological innovation being the necessary path to follow,” Xi…
After years of economic headwinds, China is making a comeback, with the government’s newly announced stimulus measures igniting a significant rally across Chinese equities. Among the sectors benefiting from this momentum are electric vehicle (EV) automakers, which have surged in the wake of this economic boost. Following the stimulus announcement, designed to revive the sluggish…
Nio and CYVN plan to collaborate on a new EV project involving research, manufacturing and future product launches. (Image credit: Nio) Nio (NYSE: NIO) has announced the formation of a joint venture in the Middle East to expand into the Middle East and North Africa (MENA) market, with plans for local production. The Chinese electric…