Nissan projects sales will climb some 18.7% in this fiscal year, but operating profit will remain flat as higher costs erode margins.

The company plans to spend $1.9 billion over the next five years to ramp up production of gasoline and electric vehicles around 2025 before opening an EV line in a new factory after 2027

The state-owned enterprise has noticed sharp growth for its medical aesthetics business after the company became the exclusive distributor in China for Letybo, a botox product

Bundling insurance, repair costs and a battery warranty into the deal, Toyota will lease the bZ4X sport utility vehicle (SUV) at the equivalent of $39,000 for the first four years

Lucid Group CEO says the company is diversifying its chip suppliers to reduce the risk of supply disruptions as covid lockdowns continue to shutter China's factories.

China's electric vehicle makers are facing a perfect storm as Covid lockdowns add to rocketing input costs and the removal of some government subsidies.

Disrupted transport links and restrictions on movement have cut battery manufacturing, research house Antaike said, while carmakers have cut or suspended production

The paper reported that the Tesla chief executive said he had a goal of dying on Mars

Hong Kong-listed BYD shares opened with a 10% dip after authorities launched an investigation into pollution claims and alleged health issues near its Changsha city factory

The figures, showing the biggest monthly drop in more than two years, coincide with the prolonged Covid lockdown in Shanghai and many other cities

The Hang Seng Tech Index was down by 3.3% at the close of trading in Hong Kong and has dropped by about 12% since April 28

China is likely to meet its 5.5% GDP growth target for this year, the People's Daily said on Tuesday, although foreign and independent analysts say this will be difficult to achieve