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Tag: business

Posted on 25/04/2025

Automakers rush to meet surging China demand for long-range hybrids

Chinese automakers and foreign rivals are launching ever more advanced long-range hybrids to meet rising demand in the world's largest auto market. ( read original story ...)

Posted on 25/04/2025

Automakers focus on the global market, chide the US over tariffs at Shanghai’s auto show

Booths of big Chinese, German and Japanese automakers are bustling at Shanghai's auto show as the industry keeps its sights on the wider global market not subject to steep U.S. tariffs on imports of ... ( read original story ...)

Posted on 24/04/2025

Toyota inks deal for wholly owned Lexus factory in Shanghai

SHANGHAI] Toyota Motor is set to become only the second carmaker after Tesla to operate a wholly owned factory in China after it formally agreed this week on a new electric vehicle plant near Shanghai ... ( read original story ...)

Posted on 24/04/2025

Tariff-hit China exporters reluctant to heed government calls to sell locally

Eno Qian, who runs a clothing factory in eastern China, says she makes a 20 yuan ($2.74) profit for every item she sells abroad and only a tenth of that on domestic sales, making a shift to the local ... ( read original story ...)

Posted on 24/04/2025

Robotaxi maker Pony.ai sees Trump’s trade war hitting sentiment, overseas expansion plans

SHANGHAI (Reuters) -China-based robotaxi developer Pony.ai Inc said on Thursday that U.S. President Donald Trump's trade war with China was likely to dampen its international expansion plans, but it ... ( read original story ...)

Posted on 23/04/2025

BYD unveils new luxury sports car as carmakers vie for attention at China’s largest auto show

Chinese electric vehicle giant BYD has already beaten out long-standing frontrunner Tesla in sales of electrified vehicles. And now it’s coming for luxury sports cars. ( read original story ...)

Posted on 22/04/2025

Chinese EV maker Nio to join fray in right-hand-drive car markets

Company’s Firefly minicar, priced around US$16,400, will be competitive in global markets despite tariffs, president says. ( read original story ...)

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