Deal would see Renault cut its stake in Nissan to 15% and transfer its remaining 28% stake to a French trust. Renault would then order the trustee to sell those shares, currently worth $4.1 billion

Faster-than-anticipated popularity of electric vehicles means India’s fuel consumption could peak a decade sooner than forecast, analysts and industry participants say

Koji Sato, 53, is set to become the CEO of the world's biggest carmaker, after Akio Toyoda steps down to become chairman of the group on April 1.

Shares of Adani companies fell on Wednesday after a report by Hindenburg Research accused the group of improper use of tax havens to manipulate stock prices

Visitors from the mainland have swarmed into the former Portuguese enclave over the Lunar New Year break, after China dropped its Covid travel curbs

India becomes third region for Amazon Air, in a bid to ramp up its delivery service on the continent

For most of 2022, Tesla joined rivals in aggressively raising EV prices but its decision to reverse course now challenges automakers’ established strategy of pursuing profit-over-volume

A storm has erupted in Virginia after the governor suggested a $3.5bn battery factory for EVs proposed by Ford and China's CATL would be a front for the Chinese Communist Party

Tesla’s Autopilot team set out to engineer and record a “demonstration of the system’s capabilities” at the request of Musk, a senior engineer said

The carmaker attributed the fast growth of China's EV market in part to cheaper electricity, with one charge of its ID.4 SUV costing nearly five times more in Germany than in China

Several Tesla owners in Shanghai also said they felt misled by Tesla sales staff who told them they would face higher prices in the new year

Tesla has chosen to lower prices and take some additional downtime at the Shanghai factory to bring supply and demand back in balance