Financial advisers say companies plan to raise $10-15 billion, partly because Beijing's stimulus measures have cut fundraising costs and whipped up appetite for borrowing
Hybrid vehicles drove the sales surge at top Chinese EV brands, in keeping with larger global car-buying trends
Technical talks with China had intensified to an almost daily basis and could extend beyond the end of October, a top European Commission official said
Analysts say making household demand a driver of development, instead of investing in industry and infrastructure, is a long path paved with tough choices
Battery-electric vehicles accounted for 8% of new vehicle sales in June and July of this year, while overall auto sales are set to drop 12% this month
Industrial profits fell by 17.8% in August from a year earlier following a 4.1% increase in July, data released on Friday showed
Ottawa joined the US and the European Union in putting 100% tariffs on Chinese electric vehicles last month
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.