The carmaker should be able to produce electric vehicles or hybrid cars without disruptions "for at least about one year”
Talks going well, Lutnick says; US officials are expected to drop restrictions imposed recently on a range of technology and other products to China in return for better access to rare earth exports
The People's Daily calls for tough regulatory action over the sale of new cars advertised as 'zero-mileage used cars'
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
A new round of trade talks between US and Chinese officials got underway in London on Monday. They will focus on export controls on rare earths, chips and other issues.
China's export growth sank again in May, with exports to the US down 34% as trade tensions hammer its economy. Deflation hit its highest level in nearly two years.
Smoke was initially seen rising from a deck loaded with electric vehicles, the ship's owner said, after it left Yantai port in China. EV fires on ships are tough to extinguish due to the heat generated and risk of reignition
Strict Covid-curbs have put 26 million lives on hold in Shanghai - China's most important economic hub. The resulting supply chain disruptions and revenue losses will spell fresh economic trouble for China, and the world.
The reason isn't just rising temperatures or battery quality but a lack of thermal-based safety precautions. The EV batteries are getting heated beyond 100 degrees, experts claim.
Tesla employees have returned to work at the giant’s Covid-hit Shanghai plant, and they aim to restart production with 1,000 cars a day after a stoppage of more than three weeks.
Hozon New Energy Automobile, an eight-year-old Zhejiang-based electric vehicle maker, startled industry watchers with growing sales of its affordable, spacious SUVs.