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Automotive industry

Automotive industry
News about the global automotive industry with a focus on developments that matter most for the China market.
Malaysia

Malaysia’s EV import curbs to protect local sector criticised for inconsistency

The move contradicts the country’s aim to grow the EV sector and use more renewable energy sources, analysts say.

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Tesla China posts 36% sales rise, as local rivals nip at heels

China’s EV battery giants thrive while carmakers’ profits shrink amid price wars

Carmakers’ profit margin stood at 3.2 per cent in the first quarter, versus 6 per cent for downstream industrial firms, according to CPCA.

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