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Daniel Ren
Shanghai Bureau Chief
Daniel Ren is the SCMP's Shanghai bureau chief. A Shanghai native, Daniel joined the SCMP in 2007 as a Business reporter.
Daniel Ren is the SCMP's Shanghai bureau chief. A Shanghai native, Daniel joined the SCMP in 2007 as a Business reporter.
Areas of Expertise:
China business, finance and marketsLanguages Spoken:
English, Mandarin
Aridge, formerly AeroHT, eyes listing this year as it aims to accelerate its efforts in the low-altitude market, sources say.
Task force set up to protect supply-chain vendors and stabilise manufacturing amid fierce price wars.
State Council approves reorganisation between Sinopec and China National Aviation Fuel Group, state asset regulator says.
Updated SU7 model offers longer range – more than 900km (560 miles) on a single charge – and other advanced features.
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Joint effort highlights urgency as industry – including 40 million EV owners – braces for costly replacements.
Hesai will supply lidar sensors for Nvidia’s Drive Hyperion, targeting L4 self-driving, as the firm accelerates global expansion.
US carmaker’s share of world’s biggest EV market declines to slightly more then 4 per cent amid stern challenge from local rivals.
Ripple effect from further downturn would threaten economic growth and put more developers, workers and even banks at risk, analysts warn.
A weaker-than-expected year-end rush and falling deliveries at major brands are stoking fears of another price war.
Per-capita spending per meal has dropped nearly 24 per cent since 2023, data provider says, as property slump sows uncertainty.
Buyers who replace their petrol and electric cars with new vehicles will receive a cash subsidy of up to US$2,858 per unit.
‘Leapmotor aims to achieve annual deliveries of 4 million units a year in 10 years’ time,’ founder and CEO Zhu Jiangming says.
Grappling with expiring cash subsidies and tax incentives, China’s car market is forecast to see deliveries slump next year.
With battery costs again under the spotlight, regulators are set to green light CATL’s restart of the Yichun mine in eastern China.
Jetour is already present in more than 100 countries and regions after seven years in operation.
Chinese carmakers gain confidence in the premium segment as Maextro S800 – developed by Huawei and JAC Group – tops sales above US$100,000.
Police in Zhejiang have imposed ‘criminal compulsory measures’ against Yu Faxiang and are conducting a probe into his alleged wrongdoings.
Chinese carmakers could sell about 270,000 semi-autonomous vehicles next year, representing 1 per cent of the total market, Daiwa says.
The magazine, which is available for US$5.7 online and at select offline locations, features Michelle Yeoh on the cover.
BYD has pinned its hopes on preliminary self-driving technologies to bolster its sales in mainland China.
He Xiaoping’s recent trip to the US, where he met more than 30 professionals in the AI field, helped form his conclusions about the industry.
Deregulation to legalise L3 technology represents a leap forward in commercialising autonomous driving systems in China.
The cars, both pure EVs, can only navigate urban streets and highways in designated areas, according to the ministry.
The Guangzhou-based company said it would partner with Malaysia’s EP Manufacturing to locally assemble intelligent EVs.
Carmaker expands testing to 27 categories at Ningbo facility to prioritise safety over discounts in a crowded market.
CATL and Gotion add momentum to China’s efforts to build new-energy vessels amid an accelerated decarbonisation drive.
The flats at One Park Place were in high demand after developers Sino Land, CSI Properties and MTR offered discounts of up to 15 per cent.
Makers of fast-moving goods must look to lower-tier cities for growth as deflation persists, Bain & Co and Kantar Worldpanel say.
The China Securities Regulatory Commission seeks a performance-based salary mechanism at the country’s 160 mutual fund houses.
