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

Rival Chinese electric vehicle maker BYD and the budget-EV joint venture of General Motors in China both outsold the US carmaker

BYD captured China's middle-class market with affordable and locally made EVs, pushing ahead of Elon Musk's Tesla, the SCMP said

Indonesia is targeting 20% of overall car sales in 2025 being electric vehicles, chief economics minister Airlangga Hartarto said

India's EV sales have been booming since its government provided subsidies to help consumers purchase electric vehicles, The Economic Times reported.

Toyota chief Akio Toyodo said the "silent majority" is wondering if electric vehicles really are "OK to have as a single option".

Each electric bus costs 12.5 million rupees ($151,138), about five times that of a diesel one

If successful, the IPO would be the first major US float of a Chinese firm since Beijing tightened its grip over Chinese companies' overseas share sales in July last year

It has not been an established practice for the plant to shut down for a year-end holiday, which will cut planned production by a third

If successful, VinFast will be Vietnam's first company to list in the United States

Japan is one of the most competitive car markets in the world and is still seen as a stronghold for fossil fuel-powered vehicles

BYD pushed ahead of the likes of MG and Hyundai, but Elon Musk's Tesla remained far out in front