Chinese firms have ordered 47 ships, including car carriers, to cut export costs. Meanwhile, idle car factories are being shut amid huge industry changes; only two local carmakers out of about 100 are now said to be profitable

Chinese EV sales totalled 1.03 million in the first quarter of the year but it was the slowest quarterly growth since the second quarter of 2023

US Treasury chief winds up talks with China's financial leaders; she also warned that Chinese banks could face sanctions if linked to arms deals that aid Russia's war in Ukraine

The US treasury secretary held talks with the Chinese premier during an 80-minute-long meeting in Beijing as part of her week-long trip to China

The now-defunct entry-level vehicle, sometimes described as the Model 2, was expected to start at about $25,000

The three state entities were among 57 fossil fuel and cement producers responsible for the bulk of the world's CO2 emissions since 2016, researchers said on Thursday

Consumer interest in Tesla has more than halved since November 2021, according to a new poll that found the carmaker’s reputation was strongly tied to that of its chief Musk

Southeast Asia remains a key destination for illicit waste shipped primarily from Europe, North America and other parts of Asia, according to a report launched on Tuesday by UN agencies

The drop in numbers comes despite steep discounts BYD has handed out on its vehicles, signalling that Tesla's global clout will not be easily challenged

With sales of electric vehicles expected to account for 40% of the 23 million cars sold this year, China’s demand for gasoline (petrol) is predicted to peak by 2025

Sources claim state-owned SAIC Motor plans to cut 30% of workers at its JV with General Motors, 10% at its unit with Germany's Volkswagen, plus half the staff at its Rising Auto EV unit

Xiaomi co-founder and CEO, Lei Jun, believes his newly launched electric sedan is a direct competitor of Tesla — both in price and capabilities