The company, which made $500 million in Asia-Pacific, has stated a goal of improving its performance in China and the rest of the region

Shanghai plant production jumped 235% to over 480,000 vehicles in 2021, with one-third going to export markets

The US is concerned that low output of minerals essential to build future tech may leave it beholden to China and others that have heavily invested in mining

Vehicle tax measures include reducing import duty this year and next by as much as 40% for completely built EVs priced up to 2 million baht ($61,805)

The German group is pumping 35 billion euros into the shift to EVs and aims to become the world's largest electric carmaker by 2025

Chinese-owned, UK-based sports car brand split its operations last year into two: a company making vehicles and a luxury lifestyle unit

As major economies shift to electric cars in the global fight against climate change, lithium is being increasingly called “white gold”, as prices have soared over the past year.

It is unclear whether the blaze was caused by the electric cars, whose lithium-ion batteries have been known to catch fire

EVs, especially e-two-wheelers, are expensive despite state subsidies, with much lower performance parameters than internal combustible engine vehicles, report says

A total of 2.53 million vehicles were sold in the world's biggest car market rose in the first month of 2022, according to an industry group

The Model 3 sedan description on Tesla’s Korean-language site was changed to say it is capable of travelling a "maximum" of 528 km, from "more than" 528 km

Automaker has plans to assemble EVs for its Nissan and Infiniti brands in Mississippi starting 2025 and aims to have EVs make up 40% of its US sales by 2030