The Hang Seng Index gained 0.7 per cent to 24,329.11 at 10.56am local time, while the Hang Seng Tech Index advanced 0.5 per cent. On the mainland, the CSI 300 Index strengthened 0.6 per cent and the Shanghai Composite Index added 0.4 per cent. BYD gained 1.2 per cent to HK$137.20 after it joined other…
Apollo Go, which operates one of the world’s largest networks of robotaxis, has expanded the testing of its autonomous taxis across more locations in Hong Kong, moving closer to launching its services in the city. Currently, a fleet of 10 vehicles is operating on streets in Cheong Hing Road, Second Sky Street, Airport Expo Boulevard,…
Tariffs imposed by the US have made exporting to the country “impossible” for Chinese electric vehicle (EV) manufacturers, an executive at major producer Xpeng has said during his visit to Hong Kong. But Yeqing Zheng said on Thursday that the Guangzhou-based Xpeng’s enhanced efforts to tap into other markets, which involved establishing assembly operations outside…
Chinese premium electric vehicle (EV) maker Xpeng introduced the latest version of its X9 multipurpose vehicle for the local market and aimed to launch it in Europe from July as part of its drive to quadruple its sales in export markets. The all-electric seven-seater vehicle will enter the mainland market with a starting price of…
Chinese electric vehicle (EV) maker Xpeng has ramped up development of its own artificial intelligence (AI) chip to power its semi-autonomous cars, with a first mass production model to be fitted with the Turing chip from as early as this quarter. The chip, which is claimed to be more powerful than Nvidia’s Drive Orin X,…
As of press time, BYD was down 11.15 percent, Nio 11.30 percent, Xpeng 11.40 percent and Li Auto 10.82 percent. Trump announced worse-than-expected reciprocal tariffs, and China swiftly responded. Electric vehicle (EV) stocks traded in Hong Kong were hit hard by US President Donald Trump’s new tariff measures, which triggered a selloff in global markets….
China’s biggest electric vehicle (EV) maker BYD launched its most expensive model under its Denza brand to challenge BMW and Mercedes-Benz in the luxury segment as competition in the world’s largest auto market intensifies. The Denza unit on Friday unveiled the six-seat SUV called Denza N9, priced at 389,800 (US$60,860) to 449,800 yuan, which is…
The new Model Y variant will be 20 per cent cheaper than the existing editions, which are priced from 263,500 yuan (US$36,406) to 303,500 yuan, according to two people with knowledge of the matter. The US carmaker plans to start producing the car next year at its Shanghai factory. The company has also sent engineers…
Chinese electric vehicle (EV) maker Xpeng Motors hopes to make Hong Kong a launch pad for its autonomous driving technology beyond mainland China, but the ambition will depend on the city’s willingness to create a more open regulatory environment for new technologies. Hong Kong should keep up with the mainland or be more ambitious in…
X9 electric vehicles by Chinese EV manufacturer XPeng, waiting to be loaded on a ship headed for Thailand (Pedro Pardo) One of China’s leading electric vehicle makers XPeng plans to double the number of countries in which the company operates by the end of this year, its CEO said Saturday. Founded in 2014, XPeng is…