Shares jump 12% on news Tesla will make 'more affordable' EVs on its manufacturing lines, despite its first-quarter profit plunging by 55% amid protracted price-war and pressure from hybrids

Chinese electric vehicle-makers have rushed to take on Tesla, despite increasing competition, slowing demand and looming oversupply

President eyes hiking tariffs amid a push for blue-collar votes on a visit to Pittsburgh, the 'Steel City', as China boosts steel and car exports

With Japanese firms now wary about investing in China, the US's economic resilience has proven too strong to ignore

Scholz pressed his case for an open and fair European market for Chinese cars but warned against dumping, overproduction and intellectual property infringements

China says excess capacity claim is groundless and should be viewed from a global perspective and that its trade in key green sectors is based on innovation and complete supply lines

Chinese firms have ordered 47 ships, including car carriers, to cut export costs. Meanwhile, idle car factories are being shut amid huge industry changes; only two local carmakers out of about 100 are now said to be profitable

Chinese EV sales totalled 1.03 million in the first quarter of the year but it was the slowest quarterly growth since the second quarter of 2023

US Treasury chief winds up talks with China's financial leaders; she also warned that Chinese banks could face sanctions if linked to arms deals that aid Russia's war in Ukraine

The US treasury secretary held talks with the Chinese premier during an 80-minute-long meeting in Beijing as part of her week-long trip to China

The now-defunct entry-level vehicle, sometimes described as the Model 2, was expected to start at about $25,000

The three state entities were among 57 fossil fuel and cement producers responsible for the bulk of the world's CO2 emissions since 2016, researchers said on Thursday