The joint venture with EV maker GAC Aion has been licensed to make a self-driving SUV which it plans to roll out next year

US Treasury chief winds up talks with China's financial leaders; she also warned that Chinese banks could face sanctions if linked to arms deals that aid Russia's war in Ukraine

The US treasury secretary held talks with the Chinese premier during an 80-minute-long meeting in Beijing as part of her week-long trip to China

The now-defunct entry-level vehicle, sometimes described as the Model 2, was expected to start at about $25,000

China's factory production is more than the global market can bear, Yellen said in meetings on Friday at the start of her six-day visit to China

The Geely-owned premium EV outfit postponed the listing in November following disagreements over its valuation and amid volatile market conditions

The electric-vehicle maker will focus its hunt on Indian states with automotive hubs such as Maharashtra, Gujarat and Tamil Nadu

The smartphone firm’s stock soared as much as 16% despite warnings it will lose nearly $10,000 on every SU7 car it sells this year

Consumer interest in Tesla has more than halved since November 2021, according to a new poll that found the carmaker’s reputation was strongly tied to that of its chief Musk

The drop in numbers comes despite steep discounts BYD has handed out on its vehicles, signalling that Tesla's global clout will not be easily challenged

With sales of electric vehicles expected to account for 40% of the 23 million cars sold this year, China’s demand for gasoline (petrol) is predicted to peak by 2025

Sources claim state-owned SAIC Motor plans to cut 30% of workers at its JV with General Motors, 10% at its unit with Germany's Volkswagen, plus half the staff at its Rising Auto EV unit