Sources claim state-owned SAIC Motor plans to cut 30% of workers at its JV with General Motors, 10% at its unit with Germany's Volkswagen, plus half the staff at its Rising Auto EV unit

Xiaomi co-founder and CEO, Lei Jun, believes his newly launched electric sedan is a direct competitor of Tesla — both in price and capabilities

Huawei remained relatively muted about its achievement, doing away with the press conference and launch event it has held every year at least since the US restrictions began

The e-commerce giant has abandoned plans to list its cross-border logistics unit and is offering minority shareholders of Cainiao a chance to sell their stock for $0.62 per share

There has been an unprecedented rise in sea water temperatures, according to the World Meteorological Organization's annual State of the Global Climate report

Nvidia CEO downplayed the risk of conflict and said he saw little chance of being forced to move away from working with Taiwan's TSMC

Chinese carmakers are turning to Nvidia for advanced technology in an effort to compensate for what they currently lack in global brand recognition

Chinese EV maker set to unveil cheaper EV models in coming weeks, while Tesla says it will raise the price of its Model Ys in parts of Europe and the US

SpaceX signed a $1.8-billion contract in 2021 with the National Reconnaissance Office, which will manage a network of hundreds of low-earth satellites. China and others look to have similar plans

Modi government agrees to Tesla push, says carmakers that invest $500m and set up a car plant within 3 years can import up to 8,000 EVs a year at 15% tax rate, down from 70-100%

At least five Chinese carmakers are building factories or already producing electric vehicles in other countries around the world, despite friction with local automakers and the threat of tariffs and other reactions

Long-running batteries with 'full life circle' costs will be key for the operating costs of Nio's thousands of battery swapping and charging stations