Trading in Evergrande shares and those of its property services and EV units was suspended on Thursday, while officials continue to investigate if staff at two divisions acted illegally
Hyundai confirmed there had been 21 fires and 21 other ‘thermal’ incidents related to the recall, while Kia said it had seen at least 10 blazes
Japanese carmaker will withdraw from its joint venture with state-owned Guangzhou Automobile Group, as sales have been sluggish because of the rising popularity of EVs
The US auto giant refused to say why it has paused construction but some lawmakers said it was a chance to call off its tie-up with the Chinese firm
US commander General Chance Saltzman said a direct line of communication between the Space Force and China could de-escalate tensions
Germany’s economy minister said the country’s carmakers are “afraid” of retaliation from Beijing over potential EU duties targeting Chinese electric vehicles
Chinese visitors landing in Bangkok on Monday got a VIP welcome from Thailand's new PM, who is looking to rev up the economy, and has been wooing tech giants such as Tesla, Google and Microsoft
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.