China vows to break down barriers to aid economic recovery, but call continues for stronger stimulus
Chinese Premier Li Qiang held a study session with his cabinet on Monday, vowing to tackle barriers to forming a vast market.
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Chinese Premier Li Qiang held a study session with his cabinet on Monday, vowing to tackle barriers to forming a vast market.
NIO Technology Updates: The agreement will give electric car startup Forseven a global license to use Nio's technical information and software for the research and development, manufacturing, and distribution of its vehicles, the filing said.
The company, a division of British sports car company Lotus Group in which Chinese carmaker Zhejiang Geely Holding owns a majority stake, will focus on the premium segment despite cheap models dominating the mainland EV market.
Beijing has already recognised overcapacity as a major challenge for 2024, as US and European Union anti-dumping probes and tariffs disrupt trade.
XPENG announces dealer partnerships in UAE, Egypt, Azerbaijan, Jordan and Lebanon, marking several