Chinese electric vehicle (EV) start-up Xpeng said its partnership with Nvidia has not been affected by tighter US trade sanctions, but it will keep its options open with local suppliers. “We’re very happy with our collaboration with Nvidia and other silicon partners,” Brian Gu Hong-di, vice-chairman and president of Xpeng Motors, said during a press … Read more
AeroHT, an affiliate of Chinese electric vehicle (EV) maker Xpeng, has started the countdown for the commercialisation of its flying car and plans to start taking pre-orders in the fourth quarter of this year. The company, controlled by Xpeng co-founder and CEO He Xiaopeng, said in a statement to the Post on Friday that it … Read more
By March 2023, Alibaba had lost three quarters of its value from the peak in October 2020, as the e-commerce giant, once seen as China’s answer to Amazon.com, faces questions on whether it can recapture its former glory while dealing with China’s economic slowdown, regulatory scrutiny and fierce competition from old and new rivals. The … Read more
Chinese smartphone giant Xiaomi on Thursday launched its much-awaited first electric vehicle (EV) – the SU7, short for Speed Ultra – at a venue in Beijing close to its car manufacturing facility, pricing the standard model at 215,900 yuan (US$29,867) to take on Tesla’s Model 3 in the world’s largest EV market. The high-end SU7 … Read more
Gauges of consumer stocks have been the worst performers on the MSCI China Index since the end of September, after the real estate measure. The aggregate market value of companies included in the two consumer indexes has fallen by about US$157 billion since. Consumer stocks have been the worst performers on the MSCI China Index … Read more
