SpaceX signed a $1.8-billion contract in 2021 with the National Reconnaissance Office, which will manage a network of hundreds of low-earth satellites. China and others look to have similar plans
China's surge in exports of manufactured goods to countries all over the world is stirring a rise in trade restrictions and tariffs that is expected to intensify in coming years
Modi government agrees to Tesla push, says carmakers that invest $500m and set up a car plant within 3 years can import up to 8,000 EVs a year at 15% tax rate, down from 70-100%
Officials from two of China's most indebted provinces, plus the city of Tianjin, took part in high-level talks with state banks in Beijing recently to renegotiate billions in debts
Court says Didi’s alleged desire to sell American depositary shares before a looming government crackdown gave the firm a "concrete and personal economic motive" to go public
In Hong Kong, shares of biotech firm WuXi AppTec fell 12% on news that a US-based global trade association representing biotechnology companies sought to “separate” from it
A major airline in China has warned passengers not to throw coins into plane engines after an incident on Hainan Island last week
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.