China's production of batteries for new energy vehicles (NEVs) ramped up by an impressive 206.9% in the first quarter from the same period in 2021, Xinhua has reported

The target will require officials to accelerate testing and the transfer of positive cases to quarantine centres

The new restrictions highlight broad supply chain disruptions that are seen likely to lead to delays in shipments from companies including Apple

Sales in the world's biggest auto market plunged in March as Covid curbs took their toll and Tesla was among the automakers feeling the pain of limits on production

The group has already invested in tech - it owns antivirus pioneer McAfee and software firm Landesk - but it remained unclear when it might make an offer

Musk's cash offer of $54.20 a share, which values the company at $43 billion, represents a 38% premium to Twitter's April 1 close

"Twitter needs to be transformed as a private company," Musk said in a letter to Twitter chairman Bret Taylor. His offer price of $54.20 a share, represents a 38% premium on its April 1 close

Carmakers from Mercedes-Benz to Tesla to China's Nio are trying to dispel consumer anxiety over the lack of widespread charging infrastructure

Shanghai, which accounts for 11% of China’s auto output, has been hit by its worst coronavirus outbreak in two years halting production lines at Tesla, VW and CATL

China now has Covid curbs in 87 cities – blocking highways and ports, stranding workers, shutting countless factories – disruptions that could hammer global supply chains

German auto parts supplier said on Tuesday it has suspended production at two sites in the Chinese cities of Shanghai and Changchun as it follows government policies to contain Covid cases.

Japanese auto giant has laid out an ambitious target to roll out 30 electric vehicle models globally by 2030 and produce some 2 million electric vehicles a year by 2030