Premium electric vehicle brand IM Motors has raised more than 8 billion yuan ($1.1 billion) in its Series B round of equity financing. The money will be used on 'smart car' models and technologies
US president has strong political motives for ordering a US review of the security risks presented by Chinese vehicles, analysts say
BMW plans to build a battery factory for electric vehicles in Rayong, on Thailand's eastern seaboard this year, to take advantage of Thai government incentives for local battery makers
CEO He Xiaopeng said the carmaker would hire 4,000 new workers and invest $486m in AI, as China faces a year seen as the first of a “knockout round” for Chinese auto brands
VW has said it is reviewing “the future direction of business" in Xinjiang, where a test track was constructed for the German carmaker, allegedly using forced labour
Hackers used large language models to seek information on rival intelligence agencies and "notable individuals" and also to develop code “with potential malicious intent”
The new facility to be built in Szeged, in southern Hungary, China's biggest carmaker by sales, said on Friday
China exported some 1.63 million vehicles to Europe in the first 10 months of this year, but attacks on ships in the Red Sea mean it will now take longer for their EVs to reach EU ports
US lawmakers discussed raising tariffs on Chinese EVs amid reports that Chinese carmakers plan to build factories in Mexico and export cheap vehicles across the border
The deal, expected late this month, will take CYVN's shareholding to 20.1% of Nio's total shares, the carmaker said in a statement
The premium electric vehicle brand is the latest marque to develop a homegrown battery system as brands look to shore up supply lines
France's revamped rules on EV subsidies include a new criteria for eligibility — the amount of carbon emitted in the making of cars, which is reportedly much higher in China