Latest news with #China-wide
Malaysian Reserve
07-05-2025
- Automotive
- Malaysian Reserve
Tesla's China shipments drop again as rival BYD posts gains
TESLA Inc.'s vehicle shipments from its China plant declined for a seventh consecutive month, exacerbating the carmaker's early-year slump. Elon Musk's automaker shipped 58,459 Model 3 sedans and Model Y sport utility vehicles from its Shanghai factory last month, 6% fewer than a year earlier, according to preliminary data released Wednesday. China's Passenger Car Association didn't yet offer a breakdown of domestic sales and exports. China-wide wholesales of new-energy vehicles — which include electric cars and hybrids — are estimated to have risen 42% to 1.14 million units for April, the PCA data show. Tesla's global sales fell to a three-year low in the first quarter, in part because car buyers put off by Musk's involvement in global politics turned away from the brand. The chief executive officer's actions have spurred protests across the US and Europe. In France last month, Tesla registered only 863 new vehicles, even as the carmaker ramped up production of its most popular model. In Australia, Tesla sold just 500 vehicles, down 76% year-on-year, in a market where competition with ambitious Chinese EV brands has intensified, data from the Electric Vehicle Council show. In China, Tesla's challenges have more to do with strong domestic rivals led by BYD Co. BYD posted its best month of sales yet for 2025 in April, a further sign the Chinese carmaking juggernaut is on track to hit its full-year target of 5.5 million deliveries. –BLOOMBERG
South China Morning Post
29-04-2025
- Sport
- South China Morning Post
United States beckons as basketball scholarship opens doors for Hong Kong teen
A 15-year-old from Hong Kong will head to the United States in August for four years of high school after becoming the first from the city to be chosen for a China-wide basketball scholarship. Advertisement Candice Tsiang Hiu-lam was among seven hopefuls from across the country picked this year for the Joe Tsai Basketball Scholarship, and will attend The Village School in Houston, hoping to elevate her skills. The programme has subsidised 21 previous recipients to study and play at US boarding schools since its inception in 2019, with some going on to play for leading National Collegiate Athletic Association teams. Tsiang, the first Hongkonger selected, has already found her involvement in basketball life-changing. Candice Tsiang is the first Hongkonger chosen for the programme. Photo: Jonathan Wong 'I was more shy growing up, but I became more outgoing after joining the basketball team,' Tsiang, a pupil at Heep Yunn School in Kowloon, said. 'You need to communicate with your teammates on the court, and I can be quite vocal now. Advertisement 'I want to improve my basketball knowledge, my communication skills and my physique going forward. I could never imagine reaching this step when I started playing, so I am grateful for this opportunity.'
