News
BYD, Geely Are Hit by Bigger Forex Losses as Chinese Yuan Gains
13+ hour, 32+ min ago (487+ words) (Yicai) April 30 -- Chinese automakers, including BYD and Geely Automobile Holdings, reported much larger foreign exchange losses in the first quarter, as rising overseas sales and exports left them more exposed to a stronger yuan. The yuan's spot exchange rate climbed…...
Business Logic and Tech Speed Drive China's Green Lead, Industry Head Says at Shanghai Climate Week
16+ hour, 48+ min ago (112+ words) Despite China's green industries leading the world, the information gap remains striking, Xiao Jie, general manager of New Energy Nexus China, told Yicai during Shanghai Climate Week. What has. .. (Yicai) April 30 -- Despite China's green industries leading the world, the information…...
Energy Transition Needs Large Capital Investment with Insurability as a Key Issue, Insurance Exec Says at Shanghai Climate Week
16+ hour, 55+ min ago (110+ words) The green transition is, at its core, an energy transition, and that requires very large capital investment," Jack Yuan, chief executive of Generali China Insurance, told Yicai at a forum during the. .. (Yicai) April 30 -- "The green transition is, at its…...
[In Photos] Over 180 New Models Debut at Record-Breaking Beijing Auto Show
3+ day, 10+ hour ago (263+ words) (Yicai) April 27 -- The ongoing Beijing International Automotive Exhibition, also known as Auto China, has set new records for both the scale of exhibits and the number of world premieres, highlighting China's strong vitality as a core engine of the global…...
CATL to Start Mass Production of Sodium-Ion Batteries in Fourth Quarter
1+ week, 1+ day ago (386+ words) (Yicai) April 22 -- Chinese battery giant Contemporary Amperex Technology will begin mass production of sodium-ion batteries in the fourth quarter of this year, a major step in bringing a safer and cheaper lithium alternative closer to commercial use. The batteries have…...
China Rolls Out Strictest-Ever Auto Safety Standards for Smart EV Era
1+ week, 1+ day ago (295+ words) (Yicai) April 22 -- The China Automotive Technology and Research Center has recently released its most stringent set of automotive safety requirements to date, aimed at addressing emerging challenges to vehicle safety posed by the rapid development of smart and electric cars....
Mideast War Drives Surge in Global Demand for Chinese Renewables, Insiders Say
1+ week, 1+ day ago (242+ words) (Yicai) April 22 -- Overseas buyers' interest in Chinese green energy products has surged amid energy price spikes caused by the war in the Middle East, according to industry insiders. Batteries are no longer something customers "want" but something they "must have,…...
Chinese Carmakers to Focus on High-End Models, Foreign Peers on EVs at Beijing Auto Show
1+ week, 2+ day ago (522+ words) (Yicai) April 21 -- The Beijing International Automotive Exhibition'is around the corner. Chinese carmakers will present their new high-end products, trying to steal as much market space from their foreign peers, which will instead focus on expanding their presence in the electric…...
Tianqi Lithium Jumps After Chinese Miner Predicts Up to 43-Fold Surge in First-Quarter Profit
1+ week, 2+ day ago (313+ words) (Yicai) April 21 -- Tianqi Lithium's shares rose after China's largest lithium miner'said net profit likely soared by as much as 43 times in the first quarter of this year, thanks to growing investment income, surging lithium product prices, and the overall development…...
Nissan's Chinese JV Must Focus on Surviving, Deputy GM Says
1+ week, 3+ day ago (456+ words) (Yicai) April 20 -- Dongfeng Nissan, a 50: 50 joint venture between Chinese carmaker Dongfeng Motor and Japanese auto giant Nissan Motor, must humbly learn from rivals faced with challenges posed by new forces in the electric vehicle market and focus on surviving, according…...