The unheralded electric vehicle maker has seen a sales rise that now puts it shoulder to shoulder with the likes of Nio

Electric scooter maker has a 'healthy' supply of chips, its CEO says, but could face a squeeze by year-end as it pushes big plans to grow in China, India and Southeast Asia

The Chinese president's high-profile reiteration of the policy reflects a political imperative not to reverse course and look weak in a year in which he needs to appear strong

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