A court in Dongguan has frozen Nexperia’s shareholdings in four of its Chinese subsidiaries, worth about 2.14 billion yuan, with the order remaining in place until August 2029. The order took effect in the last week of August, Reuters reported. The ass…
The U.S. is shutting out more foreign-made drones and robots. China’s scale means the global competition may simply move elsewhere.
The numbers 666 and 13 don’t have the best of reputations in certain circles, but Chinese car brand Nio hopes its latest Firefly hatchback will have better luck with them – offering a limited run of 666 special edition EVs at a price that’s 13% higher …
CXMT has sued the US Department of Defense in Washington seeking removal from the list identifying it as a Chinese military company, a designation that blocks defence contracts without restricting commercial sales. The company is the world’s fourth-lar…
BYD opened its 10,000th Flash Charging station on 28 August, doubling the network in under five months, with each connector rated at up to 1,500kW. European rules require a charging pool on the core road network to deliver 400kW in total this year, ris…
Four Chinese ministries have begun a yearlong vehicle quality campaign that bars carmakers from changing technical parameters through over-the-air updates after test samples are sealed, with penalties including suspension from the product catalogue. A …
Pure Lithium says a laboratory cell with no graphite anode completed 9,315 charge and discharge cycles with almost no capacity loss, a result no third party has validated. The EU wants to process 40% of its own strategic raw materials by 2030 and cap a…
BYD posted its first quarterly profit increase in more than a year, with second-quarter net profit rising 29.8% to 8.2 billion yuan ($1.22 billion) as a record surge in exports offset a weak Chinese market.
The rebound ends four straight quarters of pr…
Nvidia shipped its first H200 processors to China under a new US licensing scheme, and they accounted for less than 1% of $89B in quarterly data centre revenue. Its $108B forecast for the current quarter assumes no data centre computing revenue from Ch…
BYD says it drove a randomly selected Yangwang U7 for 30,000 kilometres over nine days with 350 ultra-fast charging stops, and the battery retained 98.7% of its capacity. Euro 7 will require new car types to keep 80% of original capacity after five yea…