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Chinese EV start-up Nio cuts prices by US$4,200, ends battery-swapping services as sales stutter - Vimarsana News

Chinese EV start-up Nio cuts prices by US$4,200, ends battery-swapping services as sales stutter

Nio’s sales fell 5.7 per cent month on month to 7,079 units in May after it refused to succumb to a price war initiated by Tesla late last year. The EV maker is to end its free battery-swapping service.

Source: scmp.com
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Li AutoWilliam Li
Chinese EV start-up Hozon ramps up exports as it cashes in on popularity of Neta SUV in Southeast Asia - Vimarsana News

Chinese EV start-up Hozon ramps up exports as it cashes in on popularity of Neta SUV in Southeast Asia

Shanghai-based Hozon follows up exports of 3,600 cars in March with another batch of 4,000 units recently, according to a statement on its WeChat account.

Source: scmp.com
Healthcare drive started for orphans in Africa - Vimarsana News

Healthcare drive started for orphans in Africa

Peng Liyuan, wife of President Xi Jinping, joined hands with the Organization of African First Ladies for Development to initiate a healthcare campaign for orphans in Africa ahead of International Children's Day, which fell on Thursday.

China aviation: is Shenzhen stealing Hong Kong's thunder as a go-to economic and travel hub? - Vimarsana News

China aviation: is Shenzhen stealing Hong Kong's thunder as a go-to economic and travel hub?

Shenzhen Bao’an International Airport is named the world’s most beautiful airport just two months after topping Hong Kong International Airport in Skytrax traveller pollBut passenger traffic, an important indicator of economic activities, is still vastly different between the two international airports

XPeng's Quarterly Revenue Misses on Weak China Sales - Vimarsana News

XPeng's Quarterly Revenue Misses on Weak China Sales

By Bingyan Wang Electric-vehicle maker XPeng's first-quarter revenue missed expectations, nearly halving from a year earlier due to slower auto sales in China. XPeng said Wednesday that... | May 24, 2023