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
While CATL's board has approved the plan, the proposal still requires approval from regulators in Beijing
Workers at the site, which was to be BYD's first EV factory outside of Asia, faced forced labour, long working hours, and sleep deprivation caused by inadequate housing conditions
The Murdoch media group has sold its Australian cable TV unit Foxtel to UK-based streaming network DAZN, sparking talk it may make a bid for rugby broadcast rights
Top-selling Japanese carmaker will produce its luxury car brand Lexus at a new plant in Shanghai, Nikkei business daily says
The merger of the two storied Japanese brands underlines the threat Chinese EV makers now pose to some of the world's best known car makers
Taipei is looking to build communications resilience to prepare for the possibility of a Chinese invasion, similar to Ukraine's use of Starlink satellite broadband service
The carmakers’ discussion on a merger is the clearest sign yet of how Japan's once seemingly unbeatable auto industry is being reshaped by challenges from Tesla and Chinese rivals.
The companies, which have set up a 50/50 joint venture, said they will invest $4.33 billion in a factory in Zaragoza. They expect to start making batteries by the end of 2026.
Indian police say smugglers tried to use a Starlink device to help them ship six tonnes of meth into the country. They want details of the purchasers.
The country's top EV maker has gained a greater share of the global auto market and now looks poised to top its 4-million worldwide sales target – and overtake Ford and Honda
Amazon unit is suspected of urging sellers to lower their prices on its e-commerce site in exchange for better placement of their products on its website