China’s market regulator has issued a clear warning to domestic carmakers, telling them to stop selling vehicles below production cost as authorities intensify efforts to rein in a prolonged and damaging price war in the world’s largest auto market. The new guidance signals
Global carmakers led by Tesla are intensifying efforts to defend their position in China’s fiercely competitive electric vehicle market, using the China International Import Expo in Shanghai as a showcase for advanced technology, intelligence features, and autonomous driving capabilities. The event has become
Beijing has moved early to renew a nationwide car trade in subsidy, signalling growing concern over the outlook for China’s automotive sector as fears of a sales slowdown in 2026 intensify. The decision, announced at least a week ahead of the previous scheme’s
An Early Policy Signal From Beijing Beijing has moved sooner than expected to renew its car trade in subsidy scheme, signaling concern over the outlook for China’s domestic automotive market in 2026. The decision to extend the programme at least a week ahead
Sales of high end foreign cars are falling in China as consumers increasingly turn away from European luxury marques in favour of more affordable domestic brands. The shift marks a significant change in the world’s largest automotive market, where overseas names such as
China’s electric vehicle market delivered another strong signal of its global influence in November, as domestic carmakers posted impressive sales figures while Tesla expressed renewed confidence in its China strategy. The month’s performance shows how quickly the EV sector is evolving, with Chinese
Xiaomi, now seen as one of Tesla’s strongest competitors in mainland China, is doubling down on its commitment to vehicle safety as it continues to scale up production. The company reached a major milestone this week when its five hundred thousandth electric vehicle
