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

French automaker Renault is to hack back costs by 40% while Peugeot-Fiat carmaker Stellantis described the competition with China as “brutal”

Together, the unusual coalition of competitors, aims to roll out 30,000 chargers in North America, which would be significantly higher than Tesla's fast-chargers

The high-profile criminal case against Choi, an award-winning engineer, highlights Seoul's efforts to crack down on industrial espionage

The automaker aims to launch next-gen lithium-ion batteries in 2026, state-of-the-art solid-state batteries a year later and introduce a "self-propelling" assembly line

Purchases of Nio models slid in April and May as a price war intensified, with Tesla's China sales more than five times Nio's over the same period

Musk is expected to meet several senior Chinese officials and visit Tesla's Shanghai plant later in the week