China’s empty boardroom in Washington, and its crowded auto market at home
"The Chinese government has always been very slow in forcing substantial changes by way of mergers, acquisitions, or closure of enterprises." — on the historical hesitance of Chinese authorities to…
Two auto giants hitch wagons to combat harsh industry winter
GAC plans to issue new shares in exchange for an equity stake in a vehicle joint venture held by FAW, though detailed transaction specifics have yet to be disclosed Key…
INDUSTRY BRIEF: Carmakers speed up supplier payments amid calls to end price war
Several major Chinese automakers announced that starting Tuesday this week they will reduce payment times to their suppliers to within 60 days, amid repeated official calls opposing destructive price wars…
RoboSense steers tricky course in self-drive tech market
Can a Hong Kong listing help the maker of LiDAR automotive sensors break out of a cycle of rising sales but mounting losses? Key Takeaways: The sensor technology firm’s losses have…
CH-Auto Challenges Li Auto, Nio, Xpeng with U.S. SPAC Listing
Former car designer has jumped on China’s electric vehicle bandwagon, aiming to tap a market that accounts for more than half of global EV sales Key takeaways: CH-Auto has announced…
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