Shares jump 12% on news Tesla will make 'more affordable' EVs on its manufacturing lines, despite its first-quarter profit plunging by 55% amid protracted price-war and pressure from hybrids

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

China announces "anti-dumping penalties" on imports of a US chemical and orders Apple to cut WhatsApp and other messaging apps. Analysts say trade tensions look set to get much hotter

US lawmakers are worried Chinese automakers will use Mexico as a back door to sell cheap EVs north of the border without paying tariffs

President eyes hiking tariffs amid a push for blue-collar votes on a visit to Pittsburgh, the 'Steel City', as China boosts steel and car exports

With Japanese firms now wary about investing in China, the US's economic resilience has proven too strong to ignore

White House trade chief Katherine Tai will tell lawmakers the administration is even looking at reintroducing some Trump-era tariffs on Chinese imports

While rivals claim to be further ahead in the race to develop the next generation of batteries, Nissan has hinted it’s poised to make the great leap forward sooner

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

Scholz pressed his case for an open and fair European market for Chinese cars but warned against dumping, overproduction and intellectual property infringements

A Chinese industry body chief said Brussels’ investigation was ‘tainted’ and stacked against his country’s automakers

Lawmaker Sherrod Brown, who has also demanded steep tariffs on Chinese EVs, says they are a threat to American automakers