The N9 starts from 389,800 (US$60,860), equipped with BYD’s autonomous driving systems and can support on-vehicle drone systems.
‘This year marks the beginning of a new product cycle for our three brands,’ says founder, chairman and CEO William Li Bin.
Fierce competition among auto manufacturers is extending to charging technologies.
Towngas says its renewable energy business on the mainland was a strong profit contributor.
Xpeng plans to mass produce humanoid robots and flying cars for the consumer market by the end of next year.
Xiaomi is entering the high-end segment of the EV market and also eyeing overseas sales as it ramps up production.
18 Mar 2025 - 8:30PM videocam
The new battery and charger platform from the world’s biggest EV maker operates at 1 megawatt, twice the power of Tesla’s fastest offering.
US investment bank Jefferies raises CATL price target after company reports record profit for 2024.
Net profit rose 2 per cent to HK$1.6 billion (US$206 million), while revenue increased 7.4 per cent to HK$21.3 billion.
About three-quarters of the 1.2 million EVs and hybrids sold worldwide in February were delivered in China, according to Rho Motion.
‘We are a natural partner for China, especially in the growing EV sector,’ says Kenges Rakishev, chairman of the Fincraft Group.
Last month, MMG said it would buy British miner Anglo American’s nickel business in Brazil.
6 Mar 2025 - 10:20PM videocam
Transition finance allocates capital to companies and activities that are still reaching for environmentally friendly or sustainability standards.
5 Mar 2025 - 3:04PM videocam
The EV maker’s rationale for the share sale is reasonable, despite the short-term share-price drop on the news, an analyst says.
The carmaker adds new drone system to autonomous driving system among premium features in its sales pitch to win over customers.
3 Mar 2025 - 1:33PM videocam
Company expects to sell 10,000 units of the high-end car each year, founder and CEO Lei Jun says.
China coal-based blast furnace (BF) capacity must fall by at least 200 million tonnes per annum (Mtpa) by 2025, said the Centre for Research on Energy and Clean Air.
CLP Holdings beats analysts’ estimates for 2024 as earnings rise to HK$11.74 billion (US$1.51 billion).
Tencent Music and Horizon Robotics added to Hang Seng Tech Index, while ZTO Express and BeiGene added to Hang Seng China Enterprises Index.
The US investment bank sees BYD’s Hong Kong and Shenzhen share prices at HK$600 and 560 yuan, respectively, by June 2026.
21 Feb 2025 - 8:30AM videocam
China’s share of solar-module and battery manufacturing to drop by up to 19 percentage points by 2030, rating company says.
The share of foreign carmakers on the mainland could shrink to as low as 32 per cent this year from 35 per cent in 2024, Natixis says.
Banks have been asked to implement the ‘refined measures’ for instant fund transfers by the end of May.
19 Feb 2025 - 1:15AM videocam
Renowned investor steps down after driving the Shanghai firm’s healthcare and biotech investments.
Stablecoins are digital assets that maintain a fixed value relative to a government-issued fiat currency or other reference rate.
Changan to partner with Dah Chong Hong to sell the right-hand drive version of the S07 SUV.
BYD founder and Chairman Wang Chuanfu says the move marks ‘a new era when all customers can access smart driving’.
Change from fixed pricing will ‘set a solid foundation for the construction of a unified national electricity market system’, analyst says.
Solar industry faces year of reckoning as Opec-style pact falters amid a price war and excess capacity.
13 Jan 2025 - 3:58PM videocam
State-driven curbs on new facilities and production cuts by the biggest players will help rectify imbalance, analyst says.