When you think of supercars that can speed along in the 200 mph range and accelerate to 60 mph… The post China’s Booming BYD debuts a stunning EV supercar (and it’s way cheaper than a…
BUSINESS
Vocal Anti-Tesla Billionaire Spends $600k on Abandoned Roadsters in China
Remember that “barn find” with three virtually brand new, barely touched Tesla Roadster examples languishing in shipping containers stuck in China? Well, after 12 years of limbo it would seem that the …
China’s BYD Reveals $230K Electric Supercar to Rival Ferrari
According to Bloomberg, Chinese auto manufacturer BYD unveiled a high-performance electric supercar worth 1.68 million yuan (about $230 thousand), capable of competing with supercar manufacturers like …
BYD amps up brutal China EV price war with bigger discounts on new car versions
Chinese electric vehicle giant BYD on Wednesday unveiled lower-priced new versions of its Han sedans and Tang SUVs, deepening a protracted and brutal price war in the world’s largest auto market with …
Volkswagen says Changan Auto former chief software architect to be new Cariad China CEO
Volkswagen said on Wednesday that Frank Han, the former chief software architect of Changan Auto, will take over as chief executive of its Cariad China unit on March 1.
China’s CDH in talks to buy minority stake in US$1.7 billion Vietnam grocery chain, say sources
HANOI/SINGAPORE: China’s CDH Investments is in advanced talks to buy a minority stake in Bach Hoa Xanh (BHX) from Vietnam retailer Mobile World in a deal that could value the grocery chain at up to…
Josh Hawley is introducing on Wednesday legislation to hike tariffs on Chinese vehicle imports
Josh Hawley, a Republican from Missouri, is expected to introduce legislation on Wednesday that would hike tariffs on Chinese vehicle imports.Hawley’s bill would raise the current 2.5% tariff rate to …
China Expands Scope of ‘State Secrets’ Law in Security Push
The changes elevate the risks for foreign businesses operating in the country. Over the last year, China has targeted consultants and business executives in espionage cases as part of a push to limit …
China steers solar module export stream towards Asia
China maintained its dominant grip on the export of solar panels and modules in 2023, boosting global shipments by over a third from 2022’s totals, according to data compiled by energy think tank …
India Slowly Taking Export Market Share From China, Study Shows
India is chipping away at China’s dominance in electronics exports in some key markets as manufacturers diversify supply chains away from the world’s factory to other parts of Asia, a new study shows.
China’s major RV-producing city registers 17.8% RV export growth in 2023
JINAN – Rongcheng city in East China’s Shandong province, a major production and export base for recreational vehicles (RVs) in China, registered an export value for RVs at 1.82 billion yuan (about …
China’s largest property giant hit with winding up petition – latest updates
China’s largest private property developer has been hit … Last week, Moody’s suddenly removed credit ratings for 10 Chinese developers for “business reasons”. Country Garden said in its disclosure …
China doubles down on national security, expanding its state secrets law
“For foreign businesses, it’s the lack of clarity that will remain an unquantified risk to doing business in China,” Daum said. “The addition of work secrets, and mention of information that becomes …
