slowing economy Tag

08 Apr China EV price war: Tesla rival Li Auto says cheapest model yet to ‘bring you happiness’, will launch next week

Posted at 22:00h in Asia

Li Auto, Tesla’s nearest rival in mainland China, plans to launch a new, more economical model aimed at families amid a price war in the country’s electric vehicle (EV) market.The mid-sized, five-seater Li L6 sport-utility vehicle (SUV) will be priced below 300,000 yuan (US$41,470), the...

13 Mar China EV war: BYD prices a fifth car below 100,000 yuan threshold as it takes offensive in market-share battle

Posted at 05:30h in Asia

“BYD appears to be extremely aggressive in driving a transition from petrol cars to EVs in the country’s automotive industry,” said Eric Han, a senior manager at Suolei, an advisory firm in Shanghai. “The cheap models will also draw middle-income consumers who have become price...

12 Jan Sluggish Shanghai office market gives tenants chance to bargain on rents, with landlords keen to attract or retain clients

Posted at 00:05h in Asia

A weak office market in Shanghai is offering tenants the chance to strike lucrative leasing deals, allowing companies to save on rent amid a glut of new building supply and a slowing economy.A rising vacancy rate has put pressure on landlords to cut...

slowing economy Tag

08 Apr China EV price war: Tesla rival Li Auto says cheapest model yet to ‘bring you happiness’, will launch next week

12 Jan Sluggish Shanghai office market gives tenants chance to bargain on rents, with landlords keen to attract or retain clients

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