Talks between Italian authorities and China's Dongfeng Motor Group about a factory to make electric vehicles are at an advanced stage, sources have said
The plan comes as no surprise considering US officials, such as Commerce Secretary Gina Raimondo, have said Chinese tech presents national security risks
Shares of the New Energy Vehicle arm have dropped nearly 40% so far this year despite numerous efforts to salvage its fortunes
The impacts of China's downturn – caused by a protracted property slump, huge local government debt, job insecurity, geopolitical tensions and other issues – are being widely felt across borders
China's household spending is less than 40% of GDP, 20 points below the global average; to revive consumption to its pre-pandemic level would require $400 billion to $1 trillion in spending
The Japanese auto giants plan to jointly work on a software platform after losing ground in the transition to electric vehicles
Southeast Asia attracted more foreign investment than China in 2023 for the first time in a decade as investors sought to create 'China+1' supply chains and benefits under the RCEP trade deal
BYD vehicles' affordability, lower costs of maintenance and 'superior battery performance' make them the right fit for its platform, Uber said
US Trade Representative's office said it still reviewing feedback on series of levies designed to protect American jobs from cheap Chinese imports
Early this year, the carmaker announced plans to set up a factory in US-neighbouring Mexico, a move that alarmed American automakers
Sentiment remains gloomy among manufacturers as domestic demand is increasingly under siege and external pressures from trade tensions loom large
Vice Premier injects a sense of urgency, warning citizens that China's industrial future faces fierce foreign competition: "If we stop moving forward, we fall back; if we move forward slowly, we fall back too."