The think tank, NITI Aayog, has proposed that Chinese companies be allowed to take a stake of up to 24% in an Indian company without any approval being required, sources say
Ministers have vowed to promote high-quality development of the EV sector and comprehensive measures to cool the industry's "irrational competition"
The Chinese government has previously said automakers will have to repay subsidies that they have been found to have claimed improperly
CEO Elon Musk will open Tesla's first outlet in the world's third largest car market next Tuesday. The EV maker is just opening a showroom initially
Sales of trucks that run on new energy are reported to have soared by 175% in the first half of this year
BYD is the first carmaker to assume full responsibility for an autonomous driving feature in China and the world
China's cabinet boosts social insurance and support for young people as economy weakens. Prices in June fell by the most in two years amid weak consumption.
Tokyo and Seoul said on Tuesday they will try to negotiate with the US to soften the impact of higher tariffs, but many other Asian nations face greater challenges
LONG READ: After copying foreign cars, China’s carmakers scrutinized their engineering and devised faster paths to product launches. Now their production leads the world.
"Japan is different from other countries as we are the largest investor in the United States, creating jobs," Ishiba said in a debate on Wednesday. But the US looks more likely to do a deal with India before July 9
Producers of rare earth magnets outside of China have been flooded with inquiries since Beijing imposed a licensing system for magnets its companies make
The fight for control of a rare earths miner has taken a twist with government suing a China-linked firm over an alleged breach of foreign investment laws