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Yilei Sun

RPT-Electric dreams in danger as funding dwindles for China's Tesla challengers

19 Jun 2019

* China EV maker funding this year is just 13% of year-ago level

Electric dreams in danger as funding dwindles for China's Tesla challengers

19 Jun 2019

HONG KONG/BEIJING Last year, Wei Qing and his private equity investment team visited more than 20 Chinese electric vehicle manufacturing startups. | Video

Awake at the wheel: Automakers tap VR to banish boredom in autonomous cars

14 Jun 2019

SHANGHAI Audi, Nissan and other car makers are banking on talking cartoon characters and other virtual reality experiences to keep drivers and other occupants of future autonomous vehicles entertained, auto industry executives said.

Huawei executive says goal to be world's top phone maker some time off

11 Jun 2019

SHANGHAI China's Huawei Technologies Co Ltd will need more time to become the world's largest smartphone maker, a goal it originally aimed to achieve in the fourth quarter of this year, a senior executive said on Tuesday.

China's new measures to spur car sales fall short of expectations

06 Jun 2019

BEIJING China announced a series of measures on Thursday to revive slumping car sales, but failed to meet market expectations as it included no plans to relax controls over the issuance of new licenses for traditional-fuel cars in major cities.

China fines Ford's Changan venture $24 million for antitrust violations

05 Jun 2019

SHANGHAI China's market regulator fined Ford Motor Co's main local joint venture 162.8 million yuan (£18.5 million) on Wednesday for violating anti-monopoly laws, the latest automaker with foreign partners to face such penalties.

Tesla promotes lower priced China-made Model 3 in sales push

31 May 2019

BEIJING/SHANGHAI U.S. electric vehicle (EV) maker Tesla Inc said on Friday it would price its China-made Model 3 vehicles from 328,000 yuan ($47,529), 13% cheaper than those it currently imports as it pushes sales in the fast growing market.

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