A drop in production, sales and profits reflect how pressure to stay competitive is beginning to take a toll on BYD

Xi’s comments have strengthened expectations that CCP officials will take steps to curb overcapacity in top industries

The Chinese government has previously said automakers will have to repay subsidies that they have been found to have claimed improperly

BYD is the first carmaker to assume full responsibility for an autonomous driving feature in China and the world

The world's biggest EV-maker is grappling with rising inventory even after offering deep price cuts in China's cut-throat auto market

Dialogue on Beijing's rare earth blockade has now become part of its negotiations on the EU's tariffs on China-made EVs, and it signals China's willingness to use its dominance in the critical industry as leverage

Tesla's EV sales also continued to plummet across much of Europe last month, as its aging model lineup and CEO Elon Musk's political activities deterred buyers

Growing global and domestic sales have allowed BYD to continue selling EVs at steep discounts, heightening the threat of an industry shakeout

The Xi Jinping administration fears a plant in the country would give Mexico unrestricted access to BYD’s advanced technology and EV know-how, insiders claim

The Chinese electric vehicle giant has described its new fast charging platform as similar to filling up a fuel tank at the pump

Tesla is aiming for a full rollout of FSD in China this year, and is working with tech giant Baidu to improve the performance of the system

Many complainants who bought their vehicles before the rollout say they had overpaid for their cars