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Retailers fret about weak sales while ‘greedy’ consumers hold out for bigger subsidies from Beijing next year.
China’s top auto firms are likely to diversify by introducing petrol cars and hybrid models to blunt the impact of trade barriers.
The launch is an advancement in Nio’s drive into international markets.
Market for car parts and software is likely to grow at an annualised pace of 28.8 per cent between 2026 and 2030.
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In an interview with the Post, Geely CEO Gui Shengyue discusses the company’s overseas strategy and EU tariffs.
Ten new EV models using the battery swap technology will be developed by CATL and its partners such as Changan Auto and FAW Group, chairman says.
‘As a carmaker, you will lose a profit growth engine if you do not make petrol cars,’ CEO Gui Shengyue says in interview.
The ET9, which Nio expects to start delivering in March, is priced at 800,000 yuan (US$110,080) in presale.
Some projects will be scrapped and some business units merged in an ‘all-out’ effort towards ‘rebirth’, CEO says.
Joint venture received support from the Spanish government, which abstained in the EU’s October vote to impose extra tariffs on Chinese-made EVs.
Report predicts a single-digit percentage rise in the value of consumer spending next year, as volume rises while price pressures continue.
Change follows complaints that able-bodied guests were renting powered wheelchairs to bypass queues and speed through the park.
The Shanghai-based EV maker aims to sell 50 per cent of its cars overseas by 2026 and turn a profit the same year, founder Fang Yunzhou says.
Producer of sensors for self-driving cars is assessing investment plans as it envisions ‘footprints across the globe’, CFO says.
VW sells assets to address political risks and cut excess capacity, while extending its partnership with SAIC to regain market share in China.
A recent month-long arts festival drew 20,000 visitors from abroad, according to organisers, boosting officials’ confidence in the strategy.
Only those that can sustain operations without external funding will stay in the race amid overcapacity and tariff woes, analysts say.
BYD’s total deliveries have exceeded perennial leader Volkswagen’s volume this year through October.
New entrants are eyeing the riches in China’s EV market at great peril amid excess capacity and a cutthroat price war.
Zeekr loses 24 per cent in New York trading after announcement of Geely Auto reorganisation plan.
Chinese EV makers have delivered 9.75 million units to mainland buyers between January and October, a year-on-year jump of 34 per cent.
After officials warned against investments in EU countries that favoured recent tariffs, EV makers may need to rethink their strategies.
Chinese EV makers are pushing sales in export markets amid stiff competition, sluggish economy at home.
‘Agricultural products are an important part of bilateral trade between China and the US,’ AmCham Shanghai says.
Lifestyle-product retailers are investing in new stores in China, as richer consumers continue to splurge on quality imports.
Low-altitude economy refers to businesses operating aerial vehicles below 3,000 metres.
China EV makers believe their advantages in production and price will make their products competitive abroad.
Chief executive wraps up three-day visit to mainland China for world-leading expo, with deals signed to bring more companies to city.
At the China International Import Expo (CIIE), Li highlights the importance of opening up its market to trading partners.
New venture suggests Chinese players are unperturbed by stiffer tariffs in their quest for global market share.
