The Chinese EV outfit is predicting a $4billion-plus net profit for last year despite intensified competition in the sector

"Our observation is generally that the Chinese car companies are the most competitive car companies in the world," the Tesla chief said at a post-earnings call

Tesla alone shipped some 344,000 EVs from its Shanghai plant, its biggest factory worldwide, to Asia, Europe, Australia and New Zealand last year

The popularity of BYD's EVs has encouraged its sole Thai distributor to dramatically expand its business. Rever Automotive said it will triple its dealerships in Thailand over the next years

The rupture of one of the world's busiest shipping routes has exposed the vulnerability of China's export-reliant economy to supply snarls; firms on thin margins facing severe impacts

One of the primary motivators for India to reduce the EV import tax had been Tesla’s interest in building a factory in India

China’s automakers have been placing orders for their own transport vessels in a bid to counter rising shipping costs

The Japanese automaker says it is confident chip shortages won’t hamper it manufacturing what will be a record number of vehicles this year

Brussels is determined to establish the impact of state subsidies on Chinese-made electric vehicles which it claims disadvantages its own automakers

Chinese shipments to Russia jumped 47% in 2023 from a year earlier, and soared 64% compared with 2021, before the Russia-Ukraine war, China's customs data showed

The Japanese auto giant also showed off two concept models at the CES trade show in Las Vegas as it eyes a fully electric range by 2040

China's fast-growing electric vehicle market is set to be the key battleground for the chip makers