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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
Licensing curbs follow a Wuhan system failure that stranded passengers, as authorities shift focus from rapid roll-out to safety oversight.
Deal for massive grid storage system shows that CATL has ‘overcome all the challenges in mass-producing sodium-ion batteries’, company says.
Innovation and competition drive rapid advances in Chinese humanoid robots, drones, autonomous vehicles and flying cars. America is playing catch-up.
Beijing-based EV maker expects overseas deliveries to account for 30 per cent of its total by 2030, president Ma Donghui says.
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Most carmakers taking part in the exhibition have either debuted models designed for export markets or announced expansion plans.
Company claims it will outspend all rivals combined to boost computing power, which is essential to enhance advanced driving systems.
Chinese EV makers are showcasing advanced in-house chips at Auto China, powering smarter vehicles and challenging global tech leaders.
10-day show in Beijing, the world’s largest, to feature 1,451 models and exhibition area of 380,000 square metres.
World’s largest EV battery producer reveals third-gen product that charges in under six and a half minutes, easing drivers’ range anxiety.
Chinese-made EVs accounted for 16 per cent of the EU market in the year’s first two months, up from 12.2 per cent in 2025, CPCA data shows.
Colour-capable sensors to ‘significantly enhance’ sensing, helping cars identify traffic lights, construction signs, Deutsche Bank says.
Bourse operator launches a consultation on shortening the share settlement cycle to one day, aiming to implement the reform in late 2027.
Higher energy prices ratchet up pressure on manufacturing businesses to maintain their profit margins amid rising raw material costs.
The world’s top lithium producer forecasts a strong turnaround as global decarbonisation and AI-driven energy storage fuel demand.
Global energy shock accelerates CATL’s upstream push as demand for EV batteries and storage systems surges.
Shanghai Gigafactory could be a ‘golden key’ to advancing Elon Musk’s hopes of commercialising the technology swiftly, Tesla China head says.
Chinese brands like Mixue, BYD, and Geely are surging into Brazil, leveraging strong trade ties and local strategies for growth.
Nio, BYD and Xpeng advance after data shows EV exports more than doubled to just under 1 million in the first quarter.
‘I am learning a hard lesson of how involution can destroy my business,’ a Shanghai shop operator says.
Industry ramps up testing of vehicles with Level 3 autonomous driving capabilities as regulators publish draft safety standards set to take effect in July 2027.
South Korean carmaker bets on local partnerships and technology as global brands prepare fresh push into China’s fast-moving EV market.
Analysts and investors say the HKMA’s cautious approach prioritises risk control, but limits Hong Kong’s digital asset ambitions.
China’s battery expansion plans highlight a widening gap with the US, as renewable energy demand fuels rapid growth in storage systems.
Hong Kong listing plan comes after the company reported net profit of 4.2 billion yuan for 2025, up 36.8 per cent from a year earlier.
Billionaire investor urges Chinese and US elites to ‘rise above ourselves’ and safeguard global well-being amid a changing world order.
Carmakers push next-generation battery tech as they chase longer range and improved safety, despite high costs.
Following Skoda’s exit from China, other carmakers with falling sales are also likely to close shop this year, analysts say.
Shrinking subsidies, new taxes sap China’s EV demand, giving Tesla an edge in global deliveries for first time since fourth quarter of 2024.
Chinese EV maker lifts overseas sales target as rising fuel costs and easing tariffs boost demand abroad.
