Analysts say his trade goals can probably be achieved via sector-specific tariffs or other levies; but International Trade Court ruling creates uncertainty for business and trade negotiations
Growing global and domestic sales have allowed BYD to continue selling EVs at steep discounts, heightening the threat of an industry shakeout
Carmaker plans to use excess capacity in the UK to cut delivery wait times for the car, according to sources who said the move was not a reaction to Trump's auto tariffs
Officials have ordered top carmakers to a meeting in Beijing after an industry chief blew the whistle on "secondhand cars with zero mileage" in the Chinese market
Japanese policymakers and ruling party lawmakers have said that they see no merit in striking a deal with the US unless the auto tariffs are lifted
Democrat Senators in the US have called for a probe into whether the Trump Administration is using trade talks with foreign governments to benefit Musk and his Starlink business
CATL, which produces 38% of the world's EV batteries, sees year's biggest listing, despite being put on a US blacklist four months ago. Proceeds could top $5 billion if greenshoe option is exercised.
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.