Honda, like rival Toyota, has been slow to shift to EVs and is under pressure from investors to make cars that are carbon-free and equipped with self-driving technology

Warren Buffett-backed BYD is growing EV sales at such a furious pace that it also is closing on FAW-Volkswagen to become the largest automaker of any type in the country.

A video posted online showed a Huawei store in Ordos, Inner Mongolia, ablaze. Witnesses said an Aito M5 displayed in the store was burned to its chassis

Two US senators raised alarms about the high number of Tesla crashes. "We worry that some drivers today are using the technology as a convenience feature," they wrote

The fundraising comes amid increasing volatility in global financial markets roiled partly by concerns about China's economic growth

Toyota was once a darling of environmentalists, but has more recently drawn criticism over its apparent reluctance to phase out petrol-powered cars

"The disruption ... on the international economic order; and the chance to grow would be much, much (more) significant than this one," chief trade negotiator John Deng said

Federal tax subsidies that serve as a major incentive to buy EVs in the US may soon run out.

Officials at the US National Highway Traffic Safety Administration are expanding their probe into Tesla's automated driving feature, Fortune reports

Tesla also said Oracle co-founder Larry Ellison, a friend of chief executive Elon Musk, will not stand for re-election to the electric vehicle manufacturer's board

May sales in China of NEVs rose 49.6% month-on-month despite a 12% fall in overall car purchases, as officials rolled out stimulus to support a market hit by the country's Covid-19 lockdowns.

The EV maker has set a target of 71,000 cars at its Shanghai plant for June. Added with 44,301 units produced in April and May, that would be about a third less than its first-quarter output