The figures, showing the biggest monthly drop in more than two years, coincide with the prolonged Covid lockdown in Shanghai and many other cities

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.

The halt in production is the latest in a series of difficulties the factory faces as Shanghai enters a sixth week of lockdowns

The new factory, which the company hopes to set up by 2024 in Kitakami in Iwate prefecture, will manufacture ceramic capacitors

Korean conglomerate in talks to expand EV capacity as it seeks to tap into growing demand driven by US policy

President Joko Widodo is keen to meet Tesla chief Elon Musk during an upcoming US visit, the minister said, as the Southeast Asian country seeks to rev up its nickel industry

The automotive giant will work with JVC Kenwood, a maker of portable power units, and Yokohama-based R Energy, which recycles Nissan batteries

The incidents involved three companies, including Ola Electric, which is backed by Japan's SoftBank Group and was the country's top-selling e-scooter maker in April

Internal memo outlines plans to add more shifts to boost production to pre-lockdown levels even as suppliers struggle to provide parts.

The steep sales decline was caused by swingeing lockdowns that shuttered production sites and sales outlets.

According to an internal memo, the US carmaker plans to churn out 2,600 electric cars from the Shanghai plant per day from May 16

Nio, which was this week added to a US list of potential delisting candidates, announced on Friday it is seeking a secondary listing