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June 27, 2021
Read more about Clear air, water: Chinas electric car capital has lessons for the world on Business Standard. Almost 30% of the cars sold in Liuzhou last year were electric, more than five times Chinas average
June 7, 2021
Since last July, a little-known automaker in China’s southwest has dominated the world’s largest electric car market, outselling bigger players and even Tesla Inc. almost every month with a tiny, bare-bones EV that starts at just $4,500. The Hongguang Mini is the brainchild of SAIC-GM-Wuling Automobile Co., a joint venture between SAIC Motor Corp. and Guangxi Automobile Group Co., two state-backed automakers, and U.S. giant General Motors Co. Based in the city of Liuzhou, known for its l...
June 7, 2021
A China-US JV has outsold every player with its tiny, cheap EV that young women love.
May 30, 2021
As China’s factories squeezed.
May 27, 2021
World faces longer supply shortage as China’s factories squeezed Sorry, but your browser needs Javascript to use this site. If youre not sure how to activate it, please refer to this site: https://www.enable-javascript.com/ A Lyric Robert factory operated by Guangdong Li Yuanheng Intelligent Automation Co. in Huizhou, Guangdong province, China | BLOOMBERG Bloomberg May 27, 2021 Eric Li’s factory making glass lampshades for companies including Home Depot Inc. is being stretche...
May 27, 2021
The combination of higher input prices, uncertainty about export prospects and a weak recovery in domestic consumer demand meant Chinese manufacturing investment from January to April was 0.4% below the same period in 2019, according to official statistics.
May 27, 2021
BusinessWorld May 27, 2021 | 6:39 pm REUTERS ERIC LIâs factory making glass lampshades for companies including Home Depot, Inc. is being stretched to its limits with sales doubling their pre-pandemic level. But like many Chinese manufacturers, he doesnât plan to expand operations â a reticence that could slow the pace of Chinaâs economic growth this year and prolong a shortage of goods being felt around the world as demand picks up. Surging prices of raw mate...
February 1, 2021
Blog Blog Blog Six trends shaping the industries and sectors we cover in 2021 1 Feb, 2021 Author Soon Chen Kang Tesla Inc. enjoyed a breakout 2020 in China on the back of record sales and the rollout of locally produced electric vehicles, but the company faces a stiffer challenge in the country in 2021 from rivals including Volkswagen AG. The California-based electric-car maker delivered 499,550 vehicles worldwide in 2020, slightly behind its target o...