Chinese carmaker is doing a study on building a factory in Mexico, which would export cheap EVs to the US; other plants are also opening or planned in Thailand, Hungary and Brazil
Writing to the finance ministry, deputy IT Minister Rajeev Chandrasekhar said India's high production costs were pushing smartphone companies to shift production to Vietnam, Mexico and Thailand
The departures are among the most drastic changes Daihatsu has made so far after revealing last year it had rigged side-collision safety tests for 88,000 small cars
The US is racing to establish a rare earth supply chain separate from China following Beijing’s increasingly aggressive moves to restrict its exports of rare earths to the country...
The EU has emerged as a key market for Chinese firms due to increasing competition and deflationary pressures at home and tough policies that deter their expansion in the US...
The trade war between US and China is now ensnaring ocean shipping firms that move everything from holiday toys to crude oil...
'We're going to have a lot of magnets in a pretty short period of time. In fact, we'll have so many we won't know what to do with them,' the US President said...
China has published its five-year development plan for 2026-2030 and for the first time in 15 years, new energy vehicles are not included in its list of strategic emerging industries...
Britain has emerged as key market for BYD, as it is the only European nation with no tariffs on exported electric and hybrid vehicles from China...
Carmakers and dealers are struggling to make money in the world’s biggest auto market and oversupply, along with fierce competition, has left scores of firms on the brink of collapse...
China's blue-chip index fell the most in nearly five months with Shanghai stocks down more than 1.3% and the Hang Seng also sinking over 1%...
After a year of losing out on a frenzy of global investments, India could soon find some gains from being on the backfoot in the global AI trade ...
CEO Masayoshi Son has bet big on OpenAI – over $30 billion – while selling his company's shares in Nvidia last month; those moves have paid worthy returns so far, but will the 'AI bubble' pop?...
Tech giant made billions while failing to stop a flood of ads that exposed Facebook, Instagram and WhatsApp users to investment and e-commerce scams, fake ads and banned products, Reuters says...
BYD has been building factories for local assembly in countries such as Hungary and Brazil and it plans a third plant for Europe, with Spain the top candidate....
Germany's coalition government plans to re-examine its China policies in regard to energy, raw material imports and Chinese investment in critical German infrastructure...
Of the 53 clean-industry projects the country has in development, only two managed to reach a final investment decision this year...