Despite the sales bump, though, Tesla is still close to losing its top global EV-seller crown to Chinese rival BYD
The surprise New Year payout could amount to a one-time shot to the economy of $12-20 billion if all 48 million civil servants in the public sector collected on terms some outlined
China's proposals could help it retain its 70% grip on global processing of lithium into the material needed to make EV batteries. It could also threaten expansion plans by groups such as CATL
The two new initiatives unveiled on Friday are subsidy programmes for consumers, and a subsidy for large-scale equipment upgrades for businesses.
The recall, announced last month, affects 22,883 EV9 electric SUVs Kia built between September 2023 and October 2024
Unlike the European Union and the United States, Norway does not impose tariffs on Chinese electric vehicles
BYD, Tesla, Li Auto and Nio have incentives to bolster sales on top of a state subsidy, at a time competition is so fierce only 3 carmakers are said to be profitable
Weather portal says the average national temperature was a degree higher than 2023, while Shanghai had the hottest year since the Qing Dynasty
Climate experts have warned that continued investments in fossil fuels will create the risk of assets worth $557 trillion being left useless by 2050
Chinese hackers gained access to a digital key that enabled them to gain access to Treasury documents, officials said on Monday
Chinese firms have stepped up their purchases of materials needed to make chips and electronics from US suppliers ahead of the new year
Chinese companies have increased their extraction of rare earths from northern Myanmar by an "unprecedented" amount, a new report says