The Wall Street Journal, May 27, 2020 Government struggles to spark interest as consumers turn more to traditional vehicles By Trefor Moss This article is being republished as part of our daily reproduction of WSJ.com articles that also appeared in the U.S. print edition of The Wall Street...
S&P Global, April 29, 2020 Author: Soon Chen Kang Theme: Retail & Consumer Products China's decision to extend subsidies and exemptions for electric and plug-in hybrid vehicles until 2022 is unlikely to significantly boost sales in this category, given the stronger effects the government's wider initiatives to...
The Wall Street Journal, April 29, 2020 Roughly $1 billion investment entitles state-owned entities to 24.1% stake in electric-vehicle maker’s China unit By Trefor Moss SHANGHAI— NIO Inc., the embattled electric-vehicle startup once feted as China’s answer to Tesla Inc., has secured a financial lifeline from state investors in...
Radio France Internationale, April 17, 2020 Click here for a link to the podcast French automaker Renault says its China operations will from now focus exclusively on electric vehicles, after it pulled out of a joint venture with Wuhan manufacturer Dongfeng, which produces conventional internal combustion engines. Was it...
The Wall Street Journal, April 14, 2020 For Renault, the onset of the coronavirus epidemic snuffed out its bid to become a mainstream brand in China By Trefor Moss SHANGHAI -- Renault SA, which was already struggling in China before the coronavirus epidemic hit, will stop making gas-powered...
Bloomberg News, March 9, 2020 Beijing-based firm’s vans delivering medical supplies in China Regulatory restrictions in China eased during virus crisis The coronavirus has hurt many companies in China and around the world. Neolix, a driverless delivery business based in Beijing, isn’t among them -- in fact, it’s...
Bloomberg News, January 16, 2020 When auto tycoon Li Shufu emerged as a suitor for Volvo Cars a decade ago, few outside China had heard of him. Now the billionaire’s name pops up as soon as there is a whiff of a deal in the industry. Not...
Reuters Newswires, January 13, 2020 Ford Motor Co's China vehicle sales fell for a third consecutive year, by 26.1%, as it battles a prolonged overall sales decline in its second-biggest market that has hit demand for its mass-market Ford brand and sports utility vehicles. The U.S. automaker...
Bloomberg News, December 18, 2019 Price reduction could help spur demand for Model 3 sedan Tesla preparing to start deliveries of locally made models Tesla Inc. is considering cutting the price of its China-built Model 3 sedans by 20% or more next year, people familiar with the plans...
Bloomberg Business Week, November 22, 2019 The future for General Motors Co. in China is in the hands of customers like Yang Yanjun, a 46-year-old logistics executive in Shanghai. Yang and his family own two gasoline-powered cars—a Volkswagen and an Audi—and now he’s considering whether to...