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The China News Database was last updated at 01:50PM on November 9, 2023.
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110 articles matching the search query.
Evergrande EV Unit Soars After Hui Pledges to Shift Business
China Evergrande Group’s electric-vehicle unit jumped in Hong Kong trading after the chairman of the indebted property giant said making such cars would become its main business within a decade.
China Pushes NEV-Makers to Take Stronger Ownership Over Quality Problems
Closer supervision of battery safety and software suppliers called for in new draft guidelines for the industry
Apple’s iPhone partner Foxconn unveils its first electric vehicles
Foxconn, the iPhone manufacturer, took the wraps off three prototype EVs that many speculate it’s developing as a bid to build the future Apple car.
网传恒大汽车天津工厂生产线改造工程停工 知情人士回应
After Evergrande vowed to produce EVs by early 2022, dueling narratives have emerged about whether that’s true. Some say deliveries are on schedule; others report production is suspended because equipment suppliers haven’t been paid.
What Is China Evergrande and Why Is It In Trouble?
China Evergrande Group is quickly becoming the biggest financial worry in a country with no shortage of them. Fears of a default by the real estate developer, with $300 billion in liabilities and links to myriad banks, have roiled global markets as investors assess the potential impact on the financial system and the broader economy. Evergrande’s stock price has cratered yet Hui Ka Yan, the billionaire owner, has sought to reassure bankers that it will pull through. Investors aren’t sure how. Th
China EV Maker Warns Terms Like Self Driving May Mislead People
The Chief Executive Officer of Chinese electric-car maker Li Auto Inc. has said the industry should limit using the terms autonomous and self driving, considering no automobile today is truly capable of that and its common usage is becoming misleading for consumers.
Baidu Outlook Disappoints After Covid Surge, China Crackdown
Baidu Inc. delivered a conservative outlook for the current quarter as a resurgent pandemic outbreak in China overshadowed the internet search giant’s push into newer arenas like cloud and smart devices.Revenue for the three months ended June climbed 20% from a year earlier to 31.35 billion yuan ($4.8 billion), compared with the 30.9 billion yuan of estimates. The company predicted sales of 30.6 billion yuan to 33.5 billion yuan for the September quarter, versus the 33.1 billion yuan seen by ana
Renault Partners With Geely to Fill Unacceptable Void in China
Renault SA signed an agreement with Geely Holding, China’s largest privately owned auto group, to help the French carmaker reestablish a presence in the world’s biggest vehicle market.
Target of China's Next Cybersecurity Crackdown Will Be Data Collected in Cars
Beijing has ambitions to lead the global race to EVs and autonomous cars. Its latest crackdown will target the troves of data they collect.
Volkswagen to Ensure Compliance With China Data Privacy Rules
Volkswagen AG will ensure it is fully compliant with China’s “tough” new rules around data protection, which has ensnared companies from ride-hailing giant Didi Global Inc. to Tencent Holdings Ltd.
Foxconn’s China EV Push Hits Snag With Byton Board Upheaval
(Bloomberg) -- Foxconn Technology Group’s push into electric vehicles through its partnership with Byton Ltd. has hit a snag, with one of the Chinese carmaker’s biggest creditors taking management control of the company, according to people familiar with the matter.China FAW Group Co. installed one of its officials, Zhang Ying, as chairman of Byton last week, said the people, who asked not to be identified because the information is private. Foxconn, which struck a strategic cooperation deal to
Tesla’s Fall From Grace in China Shows Perils of Betting on Beijing
Elon Musk won advantages unheard of for Western businesses. Then came the reality check.
Nissan Electric-Car UK Production to Expand, to Upgrade Battery Factory
Nissan Motor Co.’s Chinese battery partner plans a U.K. project “very soon,” according to its chief executive officer, amid expectations that the Japanese carmaker will forge ahead with expansion plans in Britain.
China’s Envision to Build Renault $2.4 Billion Battery Plant
China’s Envision Group plans to spend as much as 2 billion euros ($2.4 billion) on a battery plant in northern France to power an affordable range of Renault SA electric vehicles.
EV Maker Xpeng Seeks Hong Kong Listing of Up to $1.97 Billion
New York-traded electric-vehicle maker Xpeng Inc. is looking to raise as much as $1.97 billion for a listing in Hong Kong, putting it on track to be the first Chinese EV producer to complete a so-called homecoming share sale.
JD.com, Meituan and Neolix to test autonomous deliveries on Beijing public roads
People in a Beijing suburb will begin to see autonomous delivery mini-vans across their neighborhood, moving cautiously alongside human delivery riders belting down the streets. Beijing has greenlighted JD.com, Meituan and Neolix to trial self-driving delivery vehicles on designated public roads in the Yizhuang Development Area, an economic and technological growth pilot initiated by the […]
Tesla China Demand Slumps, Adding to Headaches After Protest
Tesla Inc.’s growth in China slowed precipitously last month, adding to the company’s headaches after an embarrassing protest at the Shanghai auto show and several headline-generating crashes involving its electric cars.
Tesla Working With China to Probe Crash Involving Policemen
Tesla Inc. has pledged to work with Chinese authorities to investigate a crash involving one of its electric cars in which a policeman died.