India and Thailand are contenders for production sites for a small electric vehicle made by Foxconn's Mobility in Harmony, CEO Jack Cheng said
China's Caixin/S&P Global manufacturing purchasing managers' index data fell to negative territory, while Japan, South Korea, Taiwan and Vietnam also saw factory activity contract
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
Once an illustrious Chinese technology giant, Ant is emerging from a near three-year-long regulatory crackdown that started with the shelving of its planned mega listing in 2020
Analysts say the price tag on VinFast's planned merger is not realistic given that the EV-maker continues to burn cash and is in very early stages of its US business
The 500,000-square-foot campus, set to be built in the tech hub of Bengaluru, will be the US chipmaker's largest in the world
The unprecedented oversupply of commodity chips has lingered since last year, and added to woes of an industry that was battling a Covid-induced shortage until the first half of 2022
Frugality is becoming endemic in China as financial insecurity forces the country's white collar workforce to spend less and save more
Three scientists say they were able to produce a superconductor, dubbed LK-99, via a modified form of lead apatite, that 'conducts power at any temperature below 127C without pressure chambers', but experts are sceptical
Together, the unusual coalition of competitors, aims to roll out 30,000 chargers in North America, which would be significantly higher than Tesla's fast-chargers
The deal is win for Xpeng, one of the smaller players in China's EV sector, that is less than a decade old
Obscure firms have shipped large cargoes of Russian oil this year, with crude often changing hands at sea and carried in old Liberian-flagged vessels, en-route to China and India