The Indian automaker is also exploring a tie-up with Volkswagen to source EV components such as batteries and motors.
Tesla's ties to Chinese government officials were a key factor in its production recovery from crippling Covid-related lockdowns, Nikkei Asia reported
BII, the British government's development finance institution, will have a 4.8% ownership in the business, which will focus on four-wheel passenger EVs.
The Warren Buffett-backed auto firm’s rise underscores China’s growing prowess in electric vehicle manufacturing and renewable energy, the FT said....
The Hengchi 5 has debuted in a flashy videotaped event, as president Liu Yongzhong said: "[We] are striving to become a globally recognised national automobile brand."
The ministry also unveiled measures to encourage trade-ins of older vehicles and support the second-hand market
Silk-FAW, based in Jilin province, plans to develop and produce high-performance electric cars in China and Italy
Tesla has bounced back from the Shanghai lockdown in June, selling more than double the amount of locally-made vehicles it did in May and 135% more than it did a year ago, a China car group said
Tesla has been asking employees to agree to release it of all claims, in exchange for a severance of just one or two weeks' pay and benefits
Suzhou Power Supply Company is the first in China set up an automated charging system for electric vehicles
The Warren Buffett-backed auto firm's rise underscores China's growing prowess in electric vehicle manufacturing and renewable energy, the FT said.
World’s biggest EV maker blamed resurgence in Covid-19 cases in China for ending a nearly two-year-long run of record quarterly deliveries