The Japanese automaker now plans for hybrids and fully electric cars to make up 60% of its sales by the end of the decade
Dozens of South Korean companies have left China in recent years for reasons ranging from bilateral strains, geopolitical rivalry, plus China's economic slowdown and push for self-sufficiency
Chinese EV maker set to unveil cheaper EV models in coming weeks, while Tesla says it will raise the price of its Model Ys in parts of Europe and the US
Modi government agrees to Tesla push, says carmakers that invest $500m and set up a car plant within 3 years can import up to 8,000 EVs a year at 15% tax rate, down from 70-100%
At least five Chinese carmakers are building factories or already producing electric vehicles in other countries around the world, despite friction with local automakers and the threat of tariffs and other reactions
China, which is the dominant market for electric vehicles, saw sales drop 12% in February, amid a wider cooling worldwide in recent months
Nissan’s Chinese sales dropped by 16% last year while Honda’s were down about 10% in the world’s biggest auto market
China wheeled out its economic heavyweights on Wednesday to reassure citizens and investors about its economic strategies for the year ahead. They gave far more detail on Beijing's plans.
The chairman of Zhejiang Huayou Cobalt said over-investment in the industry had led to "severe overcapacity" and caused "significant declines" in industry utilisation
Premium electric vehicle brand IM Motors has raised more than 8 billion yuan ($1.1 billion) in its Series B round of equity financing. The money will be used on 'smart car' models and technologies
The world’s two biggest EV-makers have been locked in a drawn-out and brutal price war in China since the beginning of last year
BMW plans to build a battery factory for electric vehicles in Rayong, on Thailand's eastern seaboard this year, to take advantage of Thai government incentives for local battery makers