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19.06.26 - 09:00
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Chinese EV brands signal Southeast Asia expansion at Hong Kong auto expo (SCMP)
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China's electric vehicle makers are using Hong Kong's annual auto expo this week to signal their ambitions in the Southeast Asian market, with some brands rolling out right-hand drive models for the region's roads.
“Our first priority will be Indonesia,” Amy Gong, president of Seres Group subsidiary DSFK, said on the sidelines of the International Automobile and Supply Chain Expo on Thursday. “Expanding manufacturing capacity in the Southeast Asian market depends mainly on demand.”
Built in......
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18.06.26 - 12:36
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How Hong Kong is helping China′s carmakers road-test their global smart-car strategies (SCMP)
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At least 14 new smart vehicles – including both right- and left-hand-drive models – are making their debut at the International Automobile and Supply Chain Expo in Hong Kong this week, as Chinese carmakers use the city to gauge overseas demand and showcase their latest technologies.
The launches underscored Hong Kong's growing role as a proving ground for Chinese automotive brands pursuing international expansion.
Industry players ranging from Geely Auto and GAC Group to Baidu described the city......
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10.06.26 - 06:15
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BYD COMPANY Tops Indonesia BEV Sales in First Four Months (AAStocks)
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Data from the Indonesian Automotive Industry Association showed that in the first four months of this year, BYD COMPANY (01211.HK) recorded cumulative wholesale sales of 17,098 battery electric vehicles (BEVs) in Indonesia, successfully ranking first in local EV sales. JAECOO followed with sales of 11,284 units. Hyundai, WULING ......
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09.06.26 - 04:54
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Alibaba and WuXi AppTec decline in Hong Kong after addition to US blacklist (SCMP)
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Alibaba Group Holding and pharmaceutical contractor WuXi AppTec fell on Tuesday after the US placed them and several other Chinese companies on a blacklist over alleged military links.
Alibaba slipped 0.3 per cent to HK$118.50 and WuXi AppTec tumbled 5.5 per cent to HK$114.60 in morning trading in Hong Kong. Other firms on the list, including electric vehicle (EV) maker Nio and tech giant Baidu, shrugged off the Trump administration's move and rose after trading began. The Hang Seng Index eased......
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