Shares in China's CATL surge in Hong Kong
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Chinese electric vehicle maker BYD's low-cost Dolphin Surf became its 10th model available in Europe on Wednesday, with the Berlin launch increasing pressure on European rivals to produce more affordable alternatives.
CATL has started battery production at another factory in China. The plant is set to become the Group's largest production facility in the country. In the
Robin Zeng, the billionaire head of battery giant CATL, expects that half of all new trucks sold in China will be electric-powered by 2028, a forecast that heralds huge disruption for the global market in heavy goods vehicles.
The car you drive years in the future might run off a battery being invented in a lab today. Companies in China and the United States are racing to perfect and scale up next-generation technologies.
China's XPeng on Wednesday forecast second-quarter revenue above Wall Street estimates, betting on growing demand for its lower-priced electric vehicles.
China has become a global leader in electric cars and car tech, with one of the highest personal EV adoption rates in the world. But it's also ahead of everyone else when it comes to electric heavy-duty truck sales.
BYD’s electric hot hatch has officially arrived in Europe. The BYD Dolphin Surf is the European version of its
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Dagens.com on MSNChina’s New EV Battery Adds 150 km in 1 Minute — and It’s Just the BeginningChina’s electric vehicle market isn’t just growing — it’s leading. At this year’s Shenzhen and Shanghai industry expos, Chinese battery maker SEVB revealed an ultra-fast charging battery that can add 150 kilometers of range in just one minute.
Asian equities had a poor start to the week, as Moody’s US debt rating cut weighed on risk sentiment, as Mainland China and Indonesia managed gains, while Taiwan and South Korea underperformed, as the US dollar fell versus most regional indices.
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