Technical talks with China had intensified to an almost daily basis and could extend beyond the end of October, a top European Commission official said

The planned tariffs, if approved by the EU's 27 members, will potentially raise prices for consumers at a time when the region's EV sales have plunged 44%

The Model Y crossover is the best-selling car in China among all power types, with January-June sales of 207,800 vehicles

BYD claims the factory will supply the domestic market and is not a backdoor route into the American motor sector

The European Commission said it conducted an investigation, including sending a team to Tesla facilities in China, to verify what subsidies the firm had received

BYD vehicles' affordability, lower costs of maintenance and 'superior battery performance' make them the right fit for its platform, Uber said

Early this year, the carmaker announced plans to set up a factory in US-neighbouring Mexico, a move that alarmed American automakers

Singapore emerged as one of the main markets of focus for BYD in the region, with the carmaker launching an aggressive marketing campaign in the city-state

Buffett’s holdings in the carmaker are down more than 70% amid increasing technology and trade tensions between the United States and China

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