Jill Shen
TechNode
China
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Past articles by Jill:
EV startup Hozon begins building Thai car plant ·
The move is the latest example of Chinese automakers looking to crack global markets amid increased competition and weakening demand at home. → Read More
Meituan scales back ride-hailing services to cut costs ·
The decision marks a significant retreat for the Chinese food delivery titan and could be a turning point for transport in the country. → Read More
Two Sessions 2023: Increase consumption at all costs ·
Economic recovery is China's top focus in the 2023 two sessions after three years of Covid restrictions. Consumer spending will be a key. → Read More
China EV makers face challenges despite Feb rebound ·
BYD, GAC’s Aion, and Nio saw strong recoveries, while Xpeng and Huawei-backed Aito continue to fall behind in the competition. → Read More
Changan and Geely embroiled in legal spat over Galaxy EV design ·
The dispute highlights an intensification of the battle for market share among automakers in China, where EV sales growth has slowed. → Read More
Li Auto to double share of luxury SUV market in 2023 ·
If achieved, it would make Li Auto the first Chinese automaker to capture a significant share of the country’s premium car segment. → Read More
Geely launches L7, the first in its new Galaxy line ·
Geely aims to make the Galaxy L7 a high-volume, landmark model and China’s next answer to BYD and Tesla in the country’s crowded EV race. → Read More
CATL offers massive discounts on EV batteries ·
The move could intensify already fierce competition in the upstream value chain of the EV industry and force smaller players to follow suit. → Read More
Baidu to launch first EV with ChatGPT-style tool built in ·
This is the latest move by the tech giant to improve its core search engine business and drive widespread adoption of AI for a range of uses. → Read More
Li Auto targets women, families with its cheapest car ·
Li Auto has expanded its portfolio with new vehicles aimed at meeting the needs of growing Chinese middle-class families. → Read More
Nio ramps up charging network, execs bullish on 2023 ·
Nio’s moves to shore up its charging network and customer service are expected to enhance its place in the Chinese luxury car segment → Read More
Chinese EV makers offer big incentives as sales slide ·
A price war kicked off by Tesla has left many Chinese consumers on the fence about buying an EV in the short-term, said an industry group. → Read More
China's local governments launch EV stimulus measures ·
The regional measures come as sales in the world’s biggest EV market begin to slow and China's central authorities phase out subsidies → Read More
Tesla margins slip amid intense competition in China ·
Tesla CEO Elon Musk remains bullish on the firm's growth prospects even as the automaker scales back plans to expand its Shanghai facility → Read More
China's EV war: why BYD is beating Tesla and Xpeng ·
BYD reigns supreme in China's EV market, but an increasingly crowded field of competitors is looking to make in-roads into its dominance → Read More
Xpeng aims to reach operative profitability by 2025 ·
After a turbulent 2022, Xpeng will focus on redeveloping business strategies, corporate restructuring, and bolstering value in 2023. → Read More
Xpeng, Huawei join Tesla in China EV price war: ·
The latest price cuts could force more EV makers to follow suit, hitting profit margins already squeezed by the rise of raw material costs. → Read More
BYD’s new compact EV leaked by Chinese ministry ·
The Seagull will likely be the cheapest model in BYD’s lineup, as the Warren Buffett-backed automaker looks to take on rivals such as Wuling. → Read More
Baidu-backed EV maker WM Motor acquired for $2 billion ·
The $2 billion takeover is seen as a survival move for WM Motor, once a rival to Nio, Li Auto, and Xpeng, but now desperate for cash. → Read More
Nio Capital invests in the luxury off-road EV segment ·
The move could help Nio to enter a more expensive segment and extend its market reach by managing a growing portfolio of targeted brands. → Read More