18 h. ago China’s electric vehicles have disrupted the order of the car industry

China’s electric vehicles have disrupted the order of the car industry  MSN

Politics

3 d. ago S&P 500 and Nasdaq Climb to Record Highs on China Trade Optimism

S&P 500 and Nasdaq Climb to Record Highs on China Trade Optimism  Nasdaq

Politics

4 d. ago Nike shares soar on its production shift away from China, but warns of a $1 billion tariff hit

Nike shares soar on its production shift away from China, but warns of a $1 billion tariff hit  AP News

Events

4 d. ago Xiaomi’s SU7 SUV a hit with mainland Chinese motorists as bookings reach 240,000

Chinese smartphone and electric-vehicle (EV) maker Xiaomi has been flooded with orders for its YU7 SUV, with analysts saying the car could challenge the dominance of the Tesla Model Y, the bestselling SUV on the mainland. The company said that it received 200,000 pre-orders for the YU7 in just three minutes after bookings opened at 10pm on Thursday, with the number rising to 240,000 by 4pm on Friday. The 240,000 bookings for the YU7, priced from 253,500 yuan (US$35,366) to 329,900 yuan, are...

Events

4 d. ago Chinese firm Dobot develops robotic arm capable of lifting 30kg at record speed

Chinese robotics company Shenzhen Dobot has developed a new product that can deliver a high payload at record speed. The CR 30H series, consisting of three models, is a six-axis robotic arm that can lift as much as 30 kilograms at speeds of 300 degrees per second, the fastest in the industry for such a payload, according to a company statement on Friday. In addition, the machine is able to remain stable, with a vibration range of less than 0.3 millimeters under a full load, allowing it to...

Politics

4 d. ago Cut rents now or miss out, CY Leung tells Hong Kong landlords

Former Hong Kong leader Leung Chun-ying has urged landlords to lower rents as the city’s commercial property vacancy rate hit a 40-year high and retailers cried foul over being forced to close businesses to stem losses. In his social media post on Thursday, Leung pointed to the rate of vacant commercial buildings in the city, which reached a record high of 11.8 per cent by the end of 2024. He said that soaring rents had forced restaurants to have extremely cramped washrooms and to store...

Politics

4 d. ago Shares of China's Xiaomi surge after launch of electric vehicle YU7

Shares of China's Xiaomi surge after launch of electric vehicle YU7  Reuters

Politics

5 d. ago Carmakers GM, Tesla and Ford lead list of US companies in China exposure: report

General Motors, one of America’s top carmakers, leads US companies in its exposure to China, perched in a delicate position as bilateral trade tensions persist amid US President Donald Trump’s steep 55 per cent tariffs on Chinese imports, according to a research report published this week. But GM is hardly alone. Elon Musk’s electric vehicle company Tesla, rival carmaker Ford, engine manufacturer Cummins, aerospace and tech firm Honeywell, beverage giant Coca-Cola, and chipmaker Qualcomm also...

Politics

5 d. ago Xiaomi takes aim at Tesla with 4% cheaper YU7 SUV, a Model Y competitor

Xiaomi, the Chinese smartphone maker and electric-car start-up, priced its YU7 sport-utility vehicle (SUV) at a 4 per cent discount to Tesla’s bestselling Model Y, a move that is expected to draw a wave of orders in a cutthroat market where even the strongest players struggle to break even. The YU7, Xiaomi’s second production model, starts at 253,500 yuan (US$35,322), compared with 263,500 yuan for the Model Y’s basic edition, the Beijing-based company announced at a launch event on Thursday...

Politics

5 d. ago China's Xiaomi sees shares soar to record highs as new electric vehicle draws strong response

China's Xiaomi sees shares soar to record highs as new electric vehicle draws strong response  CNBC

Politics

5 d. ago Xiaomi shares soar to record highs as its new EV that undercuts Tesla draws strong response

Xiaomi shares soar to record highs as its new EV that undercuts Tesla draws strong response  CNBC

Politics

5 d. ago China’s Xiaomi to Launch First SUV as Shares Near Record High

China’s Xiaomi to Launch First SUV as Shares Near Record High  Bloomberg.com

Politics

6 d. ago CATL executive warns of risks from EV price cuts, calls on Beijing to intervene

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 Beijing remained on the sidelines. “One big player cannot always lower prices [to gain market share] while driving out all other small rivals,” he...

Events

6 d. ago Xiaomi speeds up YU7 launch, Tesla’s Robotaxi vs Baidu’s Apollo Go: 7 EV reads

We have put together stories from our coverage on electric and new energy vehicles from the past two weeks to help you stay informed. If you would like to see more of our reporting, please consider subscribing. 1. China’s BYD expands car-carrier fleet to bolster EV exports amid furious domestic competition BYD, the world’s largest electric vehicle (EV) maker, has taken delivery of two new car-carrying ships – the largest yet in a growing fleet – as it bets on export growth to counter brutal...

Politics

7 d. ago China Hongqiao shares hit record high on upbeat profit forecast

China Hongqiao shares hit record high on upbeat profit forecast  Investing.com

Events

7 d. ago Suez Canal on rails? How this inland Chinese city wants to revolutionise global trade

In Tuanjie Village, in the heart of Chongqing – China’s largest inland city, best known for its spicy hotpot – orange gantry cranes hoist cargo onto goods trains bound for Europe and Russia. Each day, hundreds of containers pass through the sprawling 82,000-square-metre yard, exporting electric vehicles and components or returning with cars, meat, wine and dairy. Just a five-minute drive away, blue cranes mark another yard – this one unloading tropical fruits and raw materials from Southeast...

Politics

7 d. ago Suez Canal on rails? How this Chinese city wants to revolutionise global trade

In Tuanjie Village, in the heart of Chongqing – China’s largest inland city, best known for its spicy hotpot – orange gantry cranes hoist cargo onto goods trains bound for Europe and Russia. Each day, hundreds of containers pass through the sprawling 82,000-square-metre yard, exporting electric vehicles and components or returning with cars, meat, wine and dairy. Just a five-minute drive away, blue cranes mark another yard – this one unloading tropical fruits and raw materials from Southeast...

Politics

8 d. ago China's Electric Vehicle Factories Have Become Tourist Hotspots

China's Electric Vehicle Factories Have Become Tourist Hotspots  WIRED

Politics

2 w. ago Beijing Dynamic Power Bags China Tower's Bid for Switches for 166 Million Yuan; Shares Soar 10%

Beijing Dynamic Power Bags China Tower's Bid for Switches for 166 Million Yuan; Shares Soar 10%  marketscreener.com

Politics

2 w. ago Shanghai firm sues to liquidate Hozon amid EV maker’s financial struggles

The cutthroat competition in mainland China’s electric vehicle (EV) market threatens to sink Hozon New Energy Automobile, as the maker of Neta-branded cars faces a lawsuit from a Shanghai-based advertising agency that wants the debt-ridden company to be liquidated. According to a document recently published on the National Enterprise Bankruptcy Information Disclosure Platform, a court in Jiaxing, in eastern China’s Zhejiang province, is reviewing the bankruptcy case after Shanghai Yuxing...

Economics