One of the primary motivators for India to reduce the EV import tax had been Tesla’s interest in building a factory in India

China has the potential to become the world’s largest market for autonomous vehicles, with total sales predicted to hit $230 billion by 2030

The Japanese auto giant is looking to increase the pace as it plays catch-up with its rivals in the shift from fossil-fuelled engines to electric

The Chinese EV-maker's bumper sales suggest car buyers are looking for cheaper models in a high-interest-rate economy

The new requirements, issued in December, seek to reduce US reliance on China in its electric-vehicle supply chain

Elon Musk has reportedly demanded the concession in return for building a new production plant in a car market dominated by low-cost vehicles

The Vietnamese automaker saw Q3 earnings jump 159%, year-on-year, but saw its net loss stretch 33.7% to $623 million

Beijing is encouraging Chinese companies in the sector to form "innovation consortia” and share tech advances

Among major backers of the chip designer is smartphone giant Xiaomi, which won approval last month from China's state planner to manufacture electric vehicles

China’s top-selling automaker has returned sizzling sales figures and bumper profits despite a price war initiated by US EV rival Tesla

New Delhi will move slowly in considering the tax cut as any lowering of taxes on imported EVs could disrupt the market and upset local players, sources said

China’s leading carmaker urged its domestic rivals to unite and establish world-class brands in a patriotic global push