Stellantis and CATL have a preliminary agreement on producing lithium iron phosphate (LFP) batteries for the automaker's EVs in Europe

A unit of Beijing-based automaker BAIC has proposed to make two versions of Xiaomi's first-ever electric vehicle — the SU7 and the SU7 Max

The automaker said it expects the car to touch an electronically limited top speed of 260.7 kmph but did not reveal an estimate on the range offered

China seems poised to the end the year on a high too, with the final two months of the year seen as seasonally high for vehicle sales

Ports operator DP World, which is owned by the state of Dubai, has been forced to suspend operations at four major ports for several days following a cyber-security drama

The financing pledge came on the same day as China’s CHEC announced plans to invest $1.56 billion in a port city project near Colombo

The carmaker has said it is still looking for the right location and would make an announcement at the end of the year

Berkshire’s latest stake sale in BYD came on the heels of the EV-maker’s financial results this week, in which the carmaker reported its highest-ever quarterly profit

The electric vehicle giant continues to preserve its domestic market leadership despite softer demand and increased competition

Demand for EVs is growing, but the scrapping of an EV partnership between GM and Honda, plus a warning from China's top battery maker suggest the transition may be slower in 2024

The automakers believed they may be able to create "affordable" EVs, built using GM's Ultium battery technology, but found that it would be difficult to achieve

The vehicle-maker also agreed a memorandum of understanding to develop and establish a hydrogen mobility ecosystem in Saudi Arabia