Chinese
Chinese EV maker Nio narrows Q2 loss on improved vehicle sales
Nio expects to deliver between 61,000 and 63,000 vehicles in the third quarter of FY2024CHINESE electric vehicle (EV) maker Nio narrowed its second-quarter loss for FY2024 by 16.7 per...
New York’s Chinese Consul General Ousted after Governor Kathy Hochul Aide Linda Sun Was Arrested and Charged for Being a Beijing Agent
China was totally expelled from New York City on Wednesday. Chinese consul general Huang Ping who played a major role in the startling espionage allegations against Linda Sun, a...
Tesla gets outsold in Spain by upstart Chinese car brand Omoda
CHERY Automobile’s Omoda outsold Tesla, Jeep and Fiat in Spain last month, a promising sign for the Chinese automaker’s ambitious push into Europe.Omoda sold 744 new cars in Spain...
BYD dominance is taking a toll on smaller Chinese EV rivals
CHINESE electric car maker BYD’s relentless growth is squeezing out smaller rivals, with Li Auto joining fellow upstart Xpeng in releasing disappointing earnings.In a stark highlight of their contrasting...
BYD’s dominance is taking a toll on smaller Chinese EV rivals
CHINESE electric car maker BYD’s relentless growth is squeezing out smaller rivals, with Li Auto joining fellow upstart Xpeng in releasing disappointing earnings.In a stark highlight of their contrasting...
Chinese heiress takes over beverage empire after power struggle
CHINESE beverage heiress Kelly Zong Fuli has been appointed as chairman of Hangzhou Wahaha Group, the beverage giant founded by her father, according to business registration information.
Zong was listed...
Chinese EV maker Nio delivers 20,176 cars in August, up 4.4% from previous year
CHINESE electric vehicle (EV) maker Nio delivered 20,176 vehicles in August, 4.4 per cent more than the corresponding year-ago period. This is also the fourth straight month which the...
Silicon Valley Bank’s Chinese partner buys out stake in joint venture
SILICON Valley Bank’s (SVB) Chinese joint venture will become a wholly owned unit of Shanghai Pudong Development Bank, following approval to change its name to Shanghai Innovation Bank, a...