China's Alibaba and Tencent have reportedly told Nvidia that they will be switching to domestic firms such as Huawei for some advanced chip orders

India has emerged as one of the biggest destinations for global investments as firms across the globe rush to diversify their supply chains from China

The move is part of VinFast’s increasing efforts to expand its overseas footprint, while for India its a boost for the country's efforts to get EV makers to manufacture at home

Electricity demand has surged due to the popularity of EVs, forcing officials to provide solutions that prevent power grids from being overwhelmed

Vietnamese electric carmaker plans to make EV batteries in Thoothukudi city in Tamil Nadu, in the southern India, sources say

The Chinese EV-maker's bumper sales suggest car buyers are looking for cheaper models in a high-interest-rate economy

The funding was slated to be used for the research and development, manufacturing, and sales services of vehicles under the group

The new requirements, issued in December, seek to reduce US reliance on China in its electric-vehicle supply chain

Criticism comes after the Netherlands restricts export licence for top chip-machine maker, to prevent them being exported to Chinese firms

The milestone comes just three months after the chatbot was opened to the public following months of trials and scrutiny from Beijing

The Chinese tech giant plans to focus on its device business over the coming year, while increasing the efficiency of its overall operations to counter geopolitical uncertainty

The smartphone giant’s chief Lei Jun said the company was aiming to become 'one of the world's top five automakers'