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Crunch time for Chinese EV makers amid slowing growth, intensifying rivalry

“Despite the fanfare surrounding China’s EV sector, investors are taking a cautious stance on each company’s business outlook since competition has escalated…

Cao huaUnity asset managementReaking news

Chinese self-driving technology start-up Pony ai gets US$100 million investment from Saudi Arabia s smart city developer Neom

Saudi Arabian smart city developer Neom is ploughing US$100 million into Chinese autonomous driving technology start-up Pony.ai to help fund its research and development and to finance its operations reinforcement.

Saudi arabiaSaudi arabianCao huaAbu dhabiShanghai electric groupAl faisaliah groupMajid muftiDongfeng motorZhejiang based enovate motorsHuman horizonsMiddle eastUnity asset management

China s economic risks will intensify in 2024, with EVs, property market, local government debts clouding prospects

China is on course to hit its economic growth target for 2023, but many institutions have cut their 2024 forecasts, with the world’s second-largest economy set to face old and new risks next year.

Cao huaLi qiangYu chunhaiChina communist partyPeople dailyNational statistics bureauWorld bankRenmin university of china school economicsInternational monetary fundPremier li qiangState councilCommunist partyUnity assetRenmin university

China s EV war: only the strongest will survive as BYD, Xpeng s dominance knock out 15 pretenders amid supply glut

China’s fast growing electric vehicle market has seen a proliferation of manufacturers at a time when demand was boosted by government subsidies. But rising costs and slowing demand are beginning to weigh on the smaller players who are now faced with the risk of elimination.

Hong kongSaudi arabiaSaudi arabianDavid zhangPaul gongQin lihongCao huaWilliam liRichard liLin mingjunEvergrande new energy autoInformation technologyMinistry of industryZhixing new energy vehicle technology developmentTechnology college in zhengzhouTechnology college

Baidu s Ernie Bot to be used in Great Wall Motor s vehicles to enhance conversation between driver and car

Baidu s Ernie Bot to be used in Great Wall Motor s vehicles to enhance conversation between driver and car
bangkokpost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bangkokpost.com Daily Mail and Mail on Sunday newspapers.

Great wallChina generalCao huaPaul gongGreat wall motorWall motorErnie botUnity asset managementJidu autoNavigation guided pilotShanghai based nioChina science daily

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