Stimulus package will include subsidies to lower utility and gasoline bills, aid to businesses hit by higher US tariffs and an expected increase in defence spending
BYD has been building factories for local assembly in countries such as Hungary and Brazil and it plans a third plant for Europe, with Spain the top candidate.
Delhi wants a mandatory declaration of where products are made so people can easily determine if they are domestic goods and will boost the government's self-reliance initiative
Germany's coalition government plans to re-examine its China policies in regard to energy, raw material imports and Chinese investment in critical German infrastructure
Officials in three countries are investigating electric buses, after news that suppliers have remote access for software updates and control system diagnostics, amid fear they could be 'exploited' while vehicles are in transit.
Google has done a deal with Australia's defence department for a data centre on its remote Indian Ocean frontier as part of a subsea cable link between Australia and Asia
Customs data released on Friday showed that Chinese exports fell by more than expected in October despite the trade truce agreed to by the two countries. Imports were also down.
Strict Covid-curbs have put 26 million lives on hold in Shanghai - China's most important economic hub. The resulting supply chain disruptions and revenue losses will spell fresh economic trouble for China, and the world.
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.
Tesla employees have returned to work at the giant’s Covid-hit Shanghai plant, and they aim to restart production with 1,000 cars a day after a stoppage of more than three weeks.
Hozon New Energy Automobile, an eight-year-old Zhejiang-based electric vehicle maker, startled industry watchers with growing sales of its affordable, spacious SUVs.