Tesla paid 222.42 million yuan ($31.13 million) for use rights to a 19.7-hectare (48.7 acres) plot in Shanghai for $31.13 million

The new facility to be built in Szeged, in southern Hungary, China's biggest carmaker by sales, said on Friday

China exported some 1.63 million vehicles to Europe in the first 10 months of this year, but attacks on ships in the Red Sea mean it will now take longer for their EVs to reach EU ports

From chartering cargo planes to pairing sea and land transport, exporters are making desperate plans to ensure toys, apparel, tea and auto parts reach retailers

China moves to maintain dominance of rare earths sector, by banning the export of production technology for rare earth metals and alloy materials, plus tech linked to some rare earth magnets

US lawmakers discussed raising tariffs on Chinese EVs amid reports that Chinese carmakers plan to build factories in Mexico and export cheap vehicles across the border

Chinese car exporters are expected to suffer negative impacts as more shippers avoid the Red Sea and opt to sail around Africa to avoid attacks by pro-Palestine militants in Yemen

Many automakers have sold their assets in Russia for a nominal fee, but included buyback options that could one day allow them to return

The Meng Xiang's activities in the South China Sea and other areas will be closely followed, because of grave concerns about the environmental impacts of deepsea mining and what resource the vessel will target

The deal, expected late this month, will take CYVN's shareholding to 20.1% of Nio's total shares, the carmaker said in a statement

A wave of Chinese EV makers are expanding in Europe amid slowing demand at home

The Japanese automaker is joining foreign brands like Tesla and BMW that are expanding their exports of China-made cars to exploit the country's lower manufacturing costs