Tuesday, January 26, 2021
Tags Chinese electric cars

Tag: Chinese electric cars

Volkswagen Invests over USD$2 Billion into China’s Electric Vehicle Sector

German auto giant has just placed two big bets on the Chinese electric vehicle sector worth over USD$2 billion in total.

China’s Electric Car Sales up 98.9% YoY for First Two Months of 2019

Sales of electric cars in China have surged since the start of 2019 despite the poor performance of Chinese automobile market in...

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Tencent Drops Advertising Veteran Lau Seng Yee from Roster of Top Executives

Chinese tech giant Tencent has removed a veteran advertising executive from the line-up of its senior-most personnel, as online companies in China...

Ant Group and Others Engage in Monopoly Conduct, But “Regulatory Discussions” Will Not Affect Normal Development: CBIRC

The Chinese banking regulator has sought to reassure the broader market that China's business environment for private enterprises will not be adversely...

Chinese Banks See Net Profits Decline 1.8% in 2020

China's banking sector saw a sizeable decline in its net profits for 2020 amidst the adverse economic impacts of the COVID-19 pandemic....

Tencent Expects Cloud Computing to Be Essential Infrastructure for Finance, Domestic Market to Soon Hit 80B Yuan

A senior executive from Chinese tech giant Tencent forecasts that cloud computing will be a key area of development for China's fintech...