Banks and key financial entities in Shanghai are among 864 institutions that have been allowed to return to work in China's financial centre, sources said on Wednesday

Chinese officials are talking to car manufacturers about an extension of subsidies for electric vehicles amid concern about the country's sharp economic slowdown

Hyundai's latest Ioniq 5 EV, which supports a fast charger with an output of 350kW, can travel 220 kilometres on a five-minute charge

China is losing its popularity among US firms both as a source of supply and as a market due to the country’s unwavering zero-Covid policy, as well as geopolitical tensions, AmCham warns

Immigration agents and lawyers said there has been a spike in inquiries in the past month, the report said

Shopping malls, department stores, and supermarkets will begin resuming in-store operations and allow customers to shop in "an orderly way", while hair salons and vegetable markets will reopen with limited capacity

Nissan's controlling shareholder Renault said in April all options were on the table for separating its EV business, including a possible public listing, as it seeks to catch up with rivals

Officials in Beijing denied rumours of sweeping Shanghai-type curbs, asking people not to panic-buy but to stay at home, while also announcing a fresh round of mass testing.

Wallbox began construction of the 130,000 square foot facility in April, which will go into production in the third quarter of 2022 and is expected to produce 250,000 units in 2022.

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