Showing 1 - 8 of 8
China to have 300,000 driverless taxis
South China Morning Post, Published on 29/08/2025
» SHANGHAI — China is likely to see 300,000 driverless cabs operate in its four top-tier cities as early as 2030, buoyed by advancements in artificial intelligence (AI) and its highly competitive electric vehicle (EV) sector, UBS said on Thursday.
Hong Kong wealth gap narrows, but rival Singapore sees 23% increase
South China Morning Post, Published on 12/07/2024
» HONG KONG: Wealth inequality in Hong Kong dropped by 6% over the past 15 years but rival Singapore recorded an almost 23% increase over the same period, a report by a multinational bank has found.
Chinese EV makers' price wars will sow doubts over quality
South China Morning Post, Published on 13/06/2024
» BEIJING - Price competition among Chinese electric vehicle (EV) makers abroad is not sustainable since consumers will start to doubt the quality and reliability of the cars if they are frequently discounted, according to Bain & Co.
Baidu's Ernie Bot to be used in Great Wall Motor's vehicles to enhance conversation between driver and car
South China Morning Post, Published on 03/08/2023
» Great Wall Motor, China's largest sport-utility vehicle (SUV) assembler, looks set to become the first carmaker to use Baidu's ChatGPT-like artificial intelligence (AI) technology, which enables conversation between driver and car.
Chinese EVs smash monthly sales records
South China Morning Post, Published on 02/08/2023
» Three of China's top electric vehicle (EV) start-ups reported record monthly sales in July, as a release of pent-up demand in the world's largest market for battery powered cars continues.
China's EV price war expected to continue after discounts fail to ignite car sales
South China Morning Post, Published on 11/05/2023
» The ongoing price war in China's automobiles market is likely to continue as previous rounds of heavy discounts have failed to spur sales, dimming the earnings outlook for most of mainland China's carmakers.
Price war started by Tesla, BYD sends Chinese auto stocks into nosedive in sign of fragile consumer sentiment
South China Morning Post, Published on 13/03/2023
» Traders have been abandoning Chinese auto stocks as a price war started by Tesla and BYD spread across the whole industry, a sign of weak consumer sentiment amid pessimism about the pace of economic recovery.
China property crisis: Changzhou latest to lift home resale restrictions
South China Morning Post, Published on 08/03/2023
» Changzhou, an affluent city in China's eastern Jiangsu province, has eased restrictions on the resale of residential property, joining several tier-2 cities in easing curbs to boost demand and breathe life into the struggling market.