The move has racked up costs for makers of drones in the country, with around 70% of goods in the supply chain currently being made in China

US Navy destroyers were dispatched to Alaskan waters on Saturday after the "unprecedented" arrival of 11 Russian and Chinese warships "doing freedom of navigation" operations

The Korean automakers said electronic controllers for the Idle Stop & Go oil pump assembly may contain damaged electrical components

Sandwiched between Russia and China, Mongolia has cultivated allies – like the US – in a bid reinforce its independence, but its economy relies heavily on its giant neighbours

VW and automaker FAW Group could "buy" a platform of EV technologies from Leapmotor, according to the state-backed news-site. Meanwhile, BYD is facing a tax probe in India.

India and Thailand are contenders for production sites for a small electric vehicle made by Foxconn's Mobility in Harmony, CEO Jack Cheng said

The deals follow the introduction of the US's Inflation Reduction Act, designed to wean the US off the Chinese supply chain for electric vehicles

Analysts say the price tag on VinFast's planned merger is not realistic given that the EV-maker continues to burn cash and is in very early stages of its US business

Together, the unusual coalition of competitors, aims to roll out 30,000 chargers in North America, which would be significantly higher than Tesla's fast-chargers

The deal is win for Xpeng, one of the smaller players in China's EV sector, that is less than a decade old

Obscure firms have shipped large cargoes of Russian oil this year, with crude often changing hands at sea and carried in old Liberian-flagged vessels, en-route to China and India

The battery giant is shadowed by increasing competition from rivals like BYD, a capacity glut with its production facilities and headwinds in its efforts to expand globally