The batteries will have greater energy density and perform better than lithium-ion phosphate batteries, the company's chairman said

The country’s sole EV maker is gearing up to expand into the United States, where it hopes its two electric SUV models will compete with legacy American brands

While overall auto sales dropped in January-February, sales of new energy vehicles were up by more than 60%, according to industry data

The US carmaker's aggressive price cuts earlier this year helped it to stoke demand amid rising inventories

Both carmakers gained from a plunge in the yen in October last year, even as a shortage of chips and soaring costs of raw materials squeezed global carmakers

CEO Jim Rowan said the automaker is assessing logistics and "cost benefits" as the plant will "feed other countries other than just India"

No financial details were disclosed on the valuation of the business on Monday, which some sources have indicated could be up to 10 billion euros

The Vietnamese company is gearing up to expand in the United States, where it hopes to compete with existing automakers

The 'special flight permit' from the Civil Aviation Administration of China will allow the Xpeng Aeroht X2 to undertake a manned flight

The world's third largest carbon polluter projects it needs $10 trillion to $15 trillion in investment to achieve net-zero carbon emissions by 2070

Representatives from Ford's German management are scheduled to visit China in the upcoming week to examine the possibility of selling the facility

For most of 2022, Tesla joined rivals in aggressively raising EV prices but its decision to reverse course now challenges automakers’ established strategy of pursuing profit-over-volume