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SAIC-GM-Wuling’s Hongguang Mini EV, a compact four-seater with a driving range of 170km, has been China’s bestselling electric car since it hit the market in mid-2020. Photo: General Motors
Electric & new energy vehicles

GM has 15 new EVs in the pipeline as it takes on Tesla in China

24 Nov 2022 - 8:44PM

The US carmaker, banking on the success of its mini electric cars, plans to launch 15 new models in China by 2025 to take on front-runners like Tesla in the world’s largest electric vehicle (EV) market.

SAIC-GM-Wuling’s Hongguang Mini EV, a compact four-seater with a driving range of 170km, has been China’s bestselling electric car since it hit the market in mid-2020. Photo: General Motors

GM has 15 new EVs in the pipeline as it takes on Tesla in China

The US carmaker, banking on the success of its mini electric cars, plans to launch 15 new models in China by 2025 to take on front-runners like Tesla in the world’s largest electric vehicle (EV) market.

24 Nov 2022 - 8:44PM

EVs will account for 1 in 3 car sales in China next year, Fitch predicts

New-energy vehicle sales will maintain their strong growth in China as more motorists ditch their petrol cars in favour of an expanding range of electric options, Fitch Ratings predicts.

24 Nov 2022 - 7:46PM

Tesla dominates Shanghai trade expo, showing ‘China still wants US goods’

The electric car giant drew large crowds at the China International Import Expo on Sunday, indicating soured relations between Beijing and Washington have not undermined demand in the mainland.

7 Nov 2022 - 10:33AM
Electric cars will account for over 35 per cent of sales of vehicles next year in mainland China, according to Fitch. Photo: EPA-EFE

EVs will account for 1 in 3 car sales in China next year, Fitch predicts

New-energy vehicle sales will maintain their strong growth in China as more motorists ditch their petrol cars in favour of an expanding range of electric options, Fitch Ratings predicts.

24 Nov 2022 - 7:46PM
China International Import Expo

Tesla dominates Shanghai trade expo, showing ‘China still wants US goods’

The electric car giant drew large crowds at the China International Import Expo on Sunday, indicating soured relations between Beijing and Washington have not undermined demand in the mainland.

The electric car giant drew large crowds at the China International Import Expo on Sunday, indicating soured relations between Beijing and Washington have not undermined demand in the mainland.

7 Nov 2022 - 10:33AM
Hong Kong financial summit 2022

Blockchain, digital currencies are reshaping finance, say banking chiefs

Senior figures from JPMorgan, BlackRock, HSBC and Standard Chartered shared their thoughts on how fintech is shaking up the banking sector at a global banking summit in Hong Kong.

Senior figures from JPMorgan, BlackRock, HSBC and Standard Chartered shared their thoughts on how fintech is shaking up the banking sector at a global banking summit in Hong Kong.

3 Nov 2022 - 6:00AM

Tesla price cuts, Covid disruptions send Chinese EV makers’ sales tumbling

The popularity of the American giant’s cars means Nio, Xpeng and Li Auto face an uphill struggle to maintain their market share in the highly competitive market, according to some analysts.

1 Nov 2022 - 7:58PM
Tesla price cuts, Covid disruptions send Chinese EV makers’ sales tumbling

Chinese EV maker that dethroned Tesla extends lead over US giant

Shenzhen-based BYD, which recently became the world’s biggest EV maker, sees its record-breaking third-quarter sales thrash its US rival’s by 57 per cent as Chinese motorists make the switch to battery-powered vehicles at the lower end of the price spectrum.

20 Oct 2022 - 6:32PM
Chinese EV maker that dethroned Tesla extends lead over US giant

Blockchain, digital currencies are reshaping finance, say banking chiefs

Senior figures from JPMorgan, BlackRock, HSBC and Standard Chartered shared their thoughts on how fintech is shaking up the banking sector at a global banking summit in Hong Kong.

3 Nov 2022 - 6:00AM

Tesla price cuts, Covid disruptions send Chinese EV makers’ sales tumbling

The popularity of the American giant’s cars means Nio, Xpeng and Li Auto face an uphill struggle to maintain their market share in the highly competitive market, according to some analysts.

1 Nov 2022 - 7:58PM

Chinese EV maker that dethroned Tesla extends lead over US giant

Shenzhen-based BYD, which recently became the world’s biggest EV maker, sees its record-breaking third-quarter sales thrash its US rival’s by 57 per cent as Chinese motorists make the switch to battery-powered vehicles at the lower end of the price spectrum.

20 Oct 2022 - 6:32PM
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A woman reads a book outside a Prada store in Chengdu in March 2019. China is on course to be the world’s biggest luxury market by 2025. Photo: Shutterstock

The View | Why China’s luxury market is a double-edged sword for foreign brands

While Chinese consumers are far and away the biggest growth opportunity for luxury brands, the nation’s economy has become the main source of risk. Not only has the pandemic prevented travel, lockdowns are crimping demand, even as duty-free centres like Hainan are putting pressure on pricing.

16 May 2022 - 12:45PM

Concrete Analysis | Mortgage pre-approval can help land that dream UK home

Homebuyers can be disappointed when they hastily sign the exchange contract on their dream London house, only to have their mortgage application rejected.

Homebuyers can be disappointed when they hastily sign the exchange contract on their dream London house, only to have their mortgage application rejected.

18 May 2021 - 7:07PM
Mortgage pre-approval can help land that dream UK home

Concrete Analysis | Property agents must adopt digital tools to thrive in post-Covid world

Agencies that fail to adopt new technologies and data-driven approaches risk lagging behind others and losing significant market share, warns CEO of Property Raptor.

Agencies that fail to adopt new technologies and data-driven approaches risk lagging behind others and losing significant market share, warns CEO of Property Raptor.

17 Nov 2020 - 7:33PM
Property agents must adopt digital tools to thrive in post-Covid world

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