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China is rushing to tamp down fears of an abrupt end to its RMB 300 billion (USD 42 billion) subsidy program now that several cities have suspended or downsized their plans earlier than anticipated.
Geely will debut in Italy in Q4 with the all-electric EX5 and a plug-in hybrid SUV, partnering with Jameel Motors to expand its European footprint. While pure EVs made up just 6% of Italy’s vehicle ...
China will bar online platforms from forcing vendors to cut prices below cost under an amended unfair competition law taking effect on October 15. The move reflects concern over deflation, shrinking ...
Lazada’s Vietnam site will fully subsidize last-mile delivery fees for LazMall cross-border packages under 15 kilograms starting July 2. The policy applies nationwide across all categories and ...
China is signaling a crackdown on the destructive EV price war, as officials warn of long-term risks to the domestic automotive sector. BYD’s deep discounts in May drew backlash from rivals and ...
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