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…