Flying cars developed by Chinese companies are by design more feasible for commercial use than Tesla’s Roadster, according to an executive at Xpeng, after a recent demonstration by the US tech giant sparked discussion about tech leadership in mainland China. Wang Tan, co-founder of Aridge, the affiliate of Chinese electric vehicle (EV) maker Xpeng, said Chinese companies had adopted different technologies than Tesla did. While the Roadster’s mid-air flip and successful landing as seen in a live...

China’s makers of energy storage systems, including Contemporary Amperex Technology (CATL) and Gotion High-Tech, stand to benefit as conflict in the Middle East keeps fossil fuel prices elevated, raising demand for their products in green energy projects, according to analysts. The tailwinds are expected to outweigh a slowdown in the local market, where weaker-than-expected demand has dragged stock prices in the lithium-ion battery supply chain down by more than 46 per cent over the past six...