At a closed door meeting also attended by European carmakers, Chinese automakers alleged the EU anti-subsidy probe was a ploy to steal their business secrets

The investment mogul’s stake in the Chinese electric vehicle maker is effectively down more than 66%

Solid-state batteries hold the promise of improved safety, a longer lifespan and faster charging compared with conventional lithium-ion batteries, but mass adoption remains some way off

Plug-in hybrids priced from 79,800 yuan ($11,014) have made up the bulk of BYD's sales in the past three years

A new survey has revealed US drivers aged under 40 weren’t worried about data-sharing fears or the potential loss of domestic jobs

By potentially allowing Tesla to roll-out FSD, Beijing may be hoping for the ‘catfish effect’ to accelerate research and development by Chinese EV-makers

The European Commission is expected to impose duties in the 15-30% range when it concludes its Chinese EVs anti-subsidy probe

Chinese electric vehicle-makers have rushed to take on Tesla, despite increasing competition, slowing demand and looming oversupply

Elon Musk’s firm has seen its stock fall by about 31% so far this year with customers slow to transition away from fossil-fuelled motors

Chinese EV sales totalled 1.03 million in the first quarter of the year but it was the slowest quarterly growth since the second quarter of 2023

The drop in numbers comes despite steep discounts BYD has handed out on its vehicles, signalling that Tesla's global clout will not be easily challenged

Chinese carmakers are turning to Nvidia for advanced technology in an effort to compensate for what they currently lack in global brand recognition