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.
Tesla rival Li Auto cuts prices as EV discount war spreads to premium 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.
Tesla in chaos as CEO Musk prioritises next-generation robotaxi
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.
Hongkongers to get access to three credit reference agencies under new scheme
A new operating model enabling Hongkongers to use the services of multiple credit reference agencies for the first time will start on April 26, the Hong Kong Association of Banks and two other industry groups announced.
Tesla in chaos as CEO Musk prioritises next-generation robotaxi
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.
Hongkongers to get access to three credit reference agencies under new scheme
A new operating model enabling Hongkongers to use the services of multiple credit reference agencies for the first time will start on April 26, the Hong Kong Association of Banks and two other industry groups announced.
A new operating model enabling Hongkongers to use the services of multiple credit reference agencies for the first time will start on April 26, the Hong Kong Association of Banks and two other industry groups announced.
Tesla’s Shanghai production unaffected by Musk’s lay-offs, say sources
Only a few dozen employees at the Gigafactory 3 in Shanghai were told to leave, representing a tiny portion of the workforce of 20,000 assembling Model 3 and Model Y vehicles, say two people with knowledge of the matter.
Only a few dozen employees at the Gigafactory 3 in Shanghai were told to leave, representing a tiny portion of the workforce of 20,000 assembling Model 3 and Model Y vehicles, say two people with knowledge of the matter.
Xpeng appoints Malaysian firm to sell its right-hand drive EVs in Hong Kong
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.
Crackdown on China’s flashy financiers hits stockbrokers’ wages again
China’s stockbrokers took another pay cut in 2023 as the double whammy of a slumping equities market and a government crackdown on corporate extravagance eroded the incomes of financial workers. Things don’t look much better this year, one fund manager says.
Tesla’s Shanghai production unaffected by Musk’s lay-offs, say sources
Only a few dozen employees at the Gigafactory 3 in Shanghai were told to leave, representing a tiny portion of the workforce of 20,000 assembling Model 3 and Model Y vehicles, say two people with knowledge of the matter.
Xpeng appoints Malaysian firm to sell its right-hand drive EVs in Hong Kong
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.
Crackdown on China’s flashy financiers hits stockbrokers’ wages again
China’s stockbrokers took another pay cut in 2023 as the double whammy of a slumping equities market and a government crackdown on corporate extravagance eroded the incomes of financial workers. Things don’t look much better this year, one fund manager says.
