Yu Cong

3 weeks ago | caixinglobal.com | Yu Cong |Denise Jia

00:00/00:00 您的浏览器不支持 audio 标签。 Listen to this article 1x Lei Jun, CEO of Xiaomi Corp., addressed employees in an internal video leaked Friday, responding for the first time to the fatal SU7 accident that killed three people in March. In the video he pledged to make Xiaomi’s cars the safest in their class.

3 weeks ago | caixinglobal.com | Yu Cong |Ding Yi |Denise Jia

After a brief surge in demand, Russia’s appetite for imported Chinese cars is dwindling amid Moscow’s tightening trade policies and rising geopolitical risks. China shipped only 99,000 vehicles to Russia in the first quarter of 2025, representing a year-on-year drop of 44%, according to data compiled by Cui Dongshu, secretary-general of the China Passenger Car Association.

3 weeks ago | caixinglobal.com | Yu Cong |Denise Jia

00:00/00:00 您的浏览器不支持 audio 标签。 Listen to this article 1x After two years of breakneck growth, China’s car exports to Russia are reversing sharply, with first-quarter shipments in 2025 falling 44% year-on-year, reflecting growing pressure from Moscow’s tightening trade policies and rising geopolitical risks.

1 month ago | caixinglobal.com | Wen Simin |Yu Cong |Jonathan Breen

Explore the story in 3 minutesThe Thai auto market has undergone a significant transformation over the past three years, marked by the rapid and aggressive entry of Chinese carmakers. Once dominated by Japanese brands like Toyota and Honda, Thailand now hosts at least nine active Chinese automotive firms, whose presence is visible on everything from highway billboards to city streets, with dealerships located in close proximity to long-established Japanese competitors.

2 months ago | caixinglobal.com | Yu Cong |Denise Jia

00:00/00:00 您的浏览器不支持 audio 标签。 Listen to this article 1x Neta Auto, the Chinese electric vehicle (EV) startup, is teetering on the brink of collapse after a funding crisis brought production to a standstill and triggered mass layoffs, leaving its parent company scrambling for a financial lifeline amid rising debt.