Aggressive price war in China to affect Sime Darby’s car sales

[ad_1] PETALING JAYA: Analysts are mostly upbeat about Sime Darby Bhd’s prospects for the financial year 2024 (FY24). According to RHB Research, the group’s latest core profit of RM325mil in…

China’s Nio to launch first mobile phone

[ad_1] SHANGHAI: Nio plans to launch its first self-developed mobile telephone in late September, the Chinese electric vehicle maker said, aiming to improve the appeal of its cars with better…

Tesla Cuts Prices in China as Price-War Truce Fails

[ad_1] Tesla cut as much as $10,000 off some Model S and Model X vehicles in China, after reducing the prices of two premium versions of its Model Y by…