The world's biggest EV battery maker saw its third-quarter profit rise by 10% amid slower demand at home and stronger competition from cheaper rivals
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
France’s decision — which follows an EU investigation into Chinese state subsidies for EV production — is aimed at reducing the country’s carbon footprint through imports, an official said
China's Ministry of Commerce said Europe's anti-subsidy investigation would have a negative impact on China-EU economic and trade relations, as local carmakers' shares slid on Thursday
EC move follows concern over the flood of Chinese electric vehicles into Europe amid fear that Beijing's subsidies for car and battery makers are a threat to the continent's production of EVs
Gotion will be eligible to receive US tax benefits totalling $213 million over 30 years and also get $125 million in capital funding from Illinois
State media said the investment was a clear sign of Beijing's push to end the country's reliance on foreign semiconductor firms
Among major backers of the chip designer is smartphone giant Xiaomi, which won approval last month from China's state planner to manufacture electric vehicles
The launch of the new Model 3 version marks the first time the automaker has rolled out a vehicle in China ahead of the United States; it will go on show in Munich in coming days
The deal is another shot in the arm for the currently loss-making startup, coming on the heels of a stake sale to, and partnership with, Germany's Volkswagen
The deals follow the introduction of the US's Inflation Reduction Act, designed to wean the US off the Chinese supply chain for electric vehicles