The move, proposed in a new debt-restructuring plan for offshore bondholders with about $19 billion of debt, would involve shares in its property services and new-energy-vehicle units, sources say

Demand for EVs is growing, but the scrapping of an EV partnership between GM and Honda, plus a warning from China's top battery maker suggest the transition may be slower in 2024

The automakers believed they may be able to create "affordable" EVs, built using GM's Ultium battery technology, but found that it would be difficult to achieve

The vehicle-maker also agreed a memorandum of understanding to develop and establish a hydrogen mobility ecosystem in Saudi Arabia

Greenpeace says firms like SAIC Motor and Great Wall Motor are phasing out fossil-fuel cars faster than most legacy manufacturers

The world's biggest EV battery maker saw its third-quarter profit rise by 10% amid slower demand at home and stronger competition from cheaper rivals

Despite some of China’s electric vehicle makers, such as BYD and Nio, being household names, hundreds more now face an uncertain future

The Chinese electric vehicle outfit is forecasting its Q3 net profit could be up by as much as 102% year-on-year

Latest research suggests the new Type 096 ballistic missile subs could pose a challenge to growing US and allied efforts to track them; PLAN may have copied Russian stealth designs

Beijing is encouraging Chinese companies in the sector to form "innovation consortia” and share tech advances

China's Ministry of Commerce said Europe's anti-subsidy investigation would have a negative impact on China-EU economic and trade relations, as local carmakers' shares slid on Thursday

State media said the investment was a clear sign of Beijing's push to end the country's reliance on foreign semiconductor firms