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After the battles over 5G, social media and advanced microchips, Chinese electric cars are the new front line of US economic warfare.
If America really is not afraid of free and fair competition, it must rise to the challenge presented by Chinese electric vehicles and not apply its ‘national security’ brake.
- General Motors, Ford and other carmakers, which struck deals last year to give customers access to the network, said they are not changing their plans
- With Tesla sales falling, Musk could be cutting Supercharger network spending to conserve cash for other projects with more growth potential, analysts said
Eight main districts in Hangzhou including downtown Gongshu and Shangcheng, as well as Tonglu county, will be open for self-driving vehicle tests from May 1.
Tesla CEO Elon Musk cancelled his meeting with India PM Modi last week, and instead went to China to make progress towards an advanced driver assistance package.
The US carmaker has passed a test of its compliance with Beijing’s data security rules thanks to a watershed decision it says could pave the way for the removal of some restrictions on the use of its cars in mainland China.
Billionaire Elon Musk flew into Beijing on Sunday, meeting Premier Li Qiang and hoping to bring Tesla’s autonomous driving technology to China amid intensified competition with local electric vehicle makers.
Chinese electric vehicle start-up Xpeng said its partnership with AI chip supplier Nvidia has not been affected by tighter US trade sanctions, but it will keep its options open with local suppliers.
Nissan Motor unveiled four new electric vehicle models at the Beijing Auto Show and vowed to build more EV products ‘in China, for China’ in an attempt to recover lost sales.
The German carmaker, which saw its market share shrink in China last year, said it plans to launch 30 new electric cars on the mainland by 2030 as it vies to keep up with the rapid pace of electrification in the world’s largest vehicle market.
Li Auto , Tesla’s nearest rival in mainland China, reduced the price of all its vehicles by up to 5.7 per cent, just a day after the US carmaker offered discounts to local customers amid an escalating discount war.
Musk has ordered the company’s biggest lay-offs ever and staked its future on a next-generation, self-driving vehicle concept called the robotaxi. People familiar with his directives are unsettled by the changes the CEO wants to push through.
Hesai, which released new products based on its ATX technology on Friday, is seriously considering building plants outside mainland China to capitalise on the growing use of the technology, CEO Li says.
The internet giant’s Intelligent Driving Group will strive for ‘100 million yuan of revenue and 100 million yuan of profits’, unit head Wang Yunpeng writes in a letter to employees.
Banma Network Technologies, an Alibaba-backed autonomous-driving software start-up, has replaced its CEO amid an overhaul.
The Chinese electric vehicle maker has taken a significant step towards tapping the right-hand drive market after forming a partnership with Sime Darby Motors to distribute its cars in Hong Kong.
Walter Huang was killed on the way to work in 2018 when his Model X swerved off a highway near San Francisco. His family had alleged that Autopilot steered the vehicle into a highway barrier.
Xiaomi off to a flying start in EV sector with its new SU7, which is priced to take on Tesla’s Model 3 in the competitive Chinese market.
Hong Kong-listed lidar specialist RoboSense saw its losses widen last year despite higher adoption of its products by carmakers and suppliers, according to a company filing on Wednesday.
Smart technology such as autonomous parking systems and the wide availability of superfast battery charging infrastructure will drive a boom in EV sales over the next five years, according to two of the segment’s leading manufacturers.
BYD, Xpeng and GAC Aion’s Hyper brand announced expanded collaborations with Nvidia on Monday.
The global automotive industry is making a “strategic transformation” towards electrification, said Gou Ping, vice-chairman of the State-owned Assets Supervision and Administration Commission.
His declaration comes during an inspection tour and as the European Parliament approves a new legal framework to get ahead of worrisome risks associated with artificial intelligence.
Chinese electric vehicle (EV) maker Xpeng plans to launch its first right-hand drive model in the second half of this year as it accelerates its push to go global, targeting markets such as Hong Kong and Southeast Asia.
Readers discuss the government’s efforts to promote the development of self-driving cars in Hong Kong, and a transport subsidy scheme.
Chinese electric-vehicle (EV) maker Leapmotor has joined the widening discount war on the mainland, pricing its new SUV as much as 17 per cent lower than originally planned.
Transport chief Lam Sai-hung notes that new regulatory framework for autonomous vehicles has come into effect.
Recent smart mobility efforts in Hong Kong include the development of sky shuttles, as well as the deployment of hydrogen-powered double-decker buses and driverless trucks.
The US$77,764 Li Mega, Beijing-based Li Auto’s first pure-electric model, has a range of 710 kilometres. It costs nearly twice as much as market leader General Motors’ petrol-powered competitor.
Volkswagen has signed an agreement with Chinese EV maker Xpeng to jointly develop two mid-sized battery-powered vehicles for the highly competitive mainland market in 2026.
