Biden says he will meet with Speaker Kevin McCarthy to discuss an extension to the debt limit, which the US reached on Thursday. Failure to get a deal could spark a global crisis, Yellen says

Warren Buffett-backed BYD took the lead among Chinese electric-car makers, with a 152.5% increase in EV deliveries

The carmaker, which outsold EV rival Tesla in China last year, has been expanding in Singapore, Japan and Europe

France’s digital watchdog’s investigation concerned the platform’s website tiktok.com and not its heavily used smartphone applications

New energy vehicles, which include pure electric and plug-in hybrids, could account for one third of the overall passenger vehicle sales in China in 2023, the VW executive said

Investors are optimistic US inflation will show signs of cooling this week but opinion is split over China’s post-Covid recovery prospects

Thousands of young workers clashed with police on Saturday during a protest to demand wages after they were laid off without pay by the heads of a Covid test-kit factory in southwest China

India has passed Japan for the first time to become the world's third largest auto market with sales of at least 4.25 million units in 2022

The battery-maker aims to produce LFP batteries that can be made at lower cost, but deliver less range than comparable nickel-cobalt electric vehicle batteries

China will also open up its international borders on Sunday, with travellers not being forced to quarantine for the first time since 2020

Investors were pulled in both directions on Wednesday with worries over more US interest rate hikes balanced off by hopes of a post-Covid China recovery

Nvidia said its technology, which includes chips to process information from sensors in real time, will help Foxconn overcome challenges in ramping up automobile production