Showing 11 - 19 of 19
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.
China's EV price war spreads overseas
South China Morning Post, Published on 25/05/2024
» BEIJING - A price war among Chinese electric vehicle (EV) assemblers is spreading to overseas markets as more than a dozen players look abroad to bolster sales and chase higher profits to offset losses at home.
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.
Spending patterns of super-rich show Asia is most expensive region
South China Morning Post, Published on 20/06/2023
» HONG KONG: Asia remains the costliest region in the world to live in, with Singapore taking the number one spot, followed by Shanghai and Hong Kong, according to Julius Baer's latest Global Wealth and Lifestyle report.
BYD overtakes LG as world's No.2 EV battery supplier
South China Morning Post, Published on 06/06/2023
» BYD, backed by Warren Buffett's Berkshire Hathaway, has gone past LG Energy Solution as the world's second-largest electric vehicle (EV) battery producer, reinforcing China's dominance of the industry as EV adoption picks up pace globally.
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.
BYD launches four EV models in Jordan, eyes further expansion in Middle East
South China Morning Post, Published on 14/03/2023
» BYD, the world's largest electric-vehicle (EV) maker, has taken the first steps to tap the Middle East market by launching four models in Jordan and forming a partnership with a local dealer.
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.