NewsAlibaba augments its logistics arm by buying stake in STO ExpressThe two companies plan to work together in new retail too. 1 min read
The joint venture includes a Japanese company as well. NewsChina’s SF Holding takes 25% stake in Myanmar logistics firm KOSPA with US$4 million1 min read
Drivers in China looking to switch over to electric cars have plenty of options. NewsBaidu leads Chinese electric vehicle maker WM Motor’s Series C funding1 min read
The salaries of its employees in the country will also be impacted. NewsTesla will close bricks-and-mortar stores in China1 min read
It’s a much lower amount than previously expected. NewsTesla gains $521m in loans from Chinese banks to construct Shanghai plant1 min read
The American automaker has plenty of competition in China. NewsMorgan Stanley analyst doubts Tesla’s profitability in China1 min read
Plug-in vehicles are all the rage in China, partly propped up by government subsidies. NewsNIO CEO downplays pressure from Tesla’s price cuts in China2 mins read
Would you ride it? NewsChinese passenger-carrying drone maker EHang said to be planning US IPO1 min read
Electrifying personal transportation. NewsChina will keep subsidies for new energy vehicles in 20191 min read