Bernice Ooi

2 days ago | cnbc.com | Evelyn Cheng |Bernice Ooi

A worker checks a finished vehicle on the production line for electric vehicle maker Zeekr at its factory on May 29, 2025 in Ningbo, China. Kevin Frayer | Getty Images News | Getty ImagesBEIJING — Chinese regulators aren't pleased about the price war brewing in its automotive sector, but industry players and analysts only see the competition heating up.

2 months ago | cnbc.com | Bernice Ooi |Evelyn Cheng

Chinese electric carmakers Xiaomi, Xpeng and Leapmotor each delivered nearly 30,000 or more cars in March, roughly twice several of their fellow startup competitors. It's a sign of how some automakers are pulling ahead, while BYD remains the market leader by far. Xiaomi delivered a record number of electric vehicles in March, exceeding 29,000 units, the company announced on social media. That topped its prior run of delivering more than 20,000 vehicles in each of the past five months.

2 months ago | flipboard.com | Bernice Ooi |Evelyn Cheng

7 hours agoThe Xiaomi 15 series has officially launched in India, starting at Rs 64,999. The lineup includes two models, the Xiaomi 15 and the Xiaomi 15 Ultra, each catering to different user needs. The standard Xiaomi 15 offers a flagship experience at a more accessible price, while the Xiaomi 15 Ultra is …

2 months ago | cnbc.com | Evelyn Cheng |Bernice Ooi

BEIJING — Chinese companies' latest earnings reports point to an improvement in consumer spending, though it's not necessarily back to pre-pandemic levels. E-commerce giants Alibaba and JD.com both said in the last several weeks that their China retail business saw faster year-on-year revenue growth in the last three months of 2024 than in 2023.

Mar 8, 2025 | cnbc.com | Evelyn Cheng |Bernice Ooi

Chinese electric car company Xpeng delivered more than 30,000 cars for a fourth straight month in February, amid tepid growth in the market.