Yan Zhang
Stories by Yan Zhang
Buffett’s Berkshire trims stake in Chinese carmaker BYD
Buffett's company acquired 225 million BYD shares in 2008, giving it a 7.73% stake.
China’s CATL to develop new battery material to improve energy density
The new materials will also lower the costs compared to nickel and cobalt-based batteries.
Chinese airline owner Juneyao Group plans to enter booming EV market
The group seeks to diversify from businesses that have been hit hard by COVID.
China drafts rules on use of autonomous vehicles for public transport
It will encourage the use of robotaxis in easily controlled scenarios in low-traffic situations
Chinese EV maker Nio to open first overseas plant for power products in Sept
The Hungary plant will develop and manufacture power products such as battery-swapping stations
After lockdown, Shanghai tries to mend fences with foreign firms
The image of China's biggest business hub was badly damaged by the two-month lockdown
China in talks with automakers to extend EV subsidy
China's expensive incentive programme has been credited with creating the world's largest EV market.
Tesla delays plan to restore Shanghai output to pre-lockdown levels by at least a week
The car maker originally aimed to increase output at its Shanghai plant from May 16
China’s Didi awaits completion of cybersecurity review to return to normal
Didi has been unable to register new users since the regulator began its review
Ping An posts 29% profit drop on China property woes
Ping An said its net profit fell to 101.6 billion yuan ($16 billion) in 2021 from 143.1 billion yuan the previous year.
