The drop in numbers comes despite steep discounts BYD has handed out on its vehicles, signalling that Tesla's global clout will not be easily challenged

With sales of electric vehicles expected to account for 40% of the 23 million cars sold this year, China’s demand for gasoline (petrol) is predicted to peak by 2025

Expectations of an easier US monetary policy also boosted investor sentiment across Asia after inflation data on Friday fuelled rate-cut hopes

Steve Wozniak said any US move to ban tech platforms that track users should apply to all companies that do it, such as Facebook and Google

Sources claim state-owned SAIC Motor plans to cut 30% of workers at its JV with General Motors, 10% at its unit with Germany's Volkswagen, plus half the staff at its Rising Auto EV unit

Alibaba's online shopping platform is working with a startup developing reusable rockets that aim to fly cargo to countries around the world, similar to Elon Musk's SpaceX

A rise in orders both at home and abroad have boosted factory activity and lifted business confidence to the highest in nearly a year, according to a Caixin survey on Monday

Investors led by PE firm PAG have bought a 60% stake in property giant Dalian Wanda's mall unit, which runs close to 500 malls across China

The 166 pages of rules note that restrictions on chip shipments to China also apply to laptops. They will take effect on Thursday

Xiaomi co-founder and CEO, Lei Jun, believes his newly launched electric sedan is a direct competitor of Tesla — both in price and capabilities

Huawei remained relatively muted about its achievement, doing away with the press conference and launch event it has held every year at least since the US restrictions began

The Joe Biden Administration is taking pains to strengthen its existing chips restrictions on China by making it easier for US firms to comply with restrictions