The move, proposed in a new debt-restructuring plan for offshore bondholders with about $19 billion of debt, would involve shares in its property services and new-energy-vehicle units, sources say
The Japanese auto giant is accelerating its efforts to catch up with its legacy rivals by boosting its investment in its North Carolina plant
The Tesla supplier dropped its full-year operating profit forecast to $769 million as a result of falling demand for luxury electric vehicles
The electric vehicle giant continues to preserve its domestic market leadership despite softer demand and increased competition
The Netherlands-based joint venture is expected to start exporting vehicles in the second half of 2024
Demand for EVs is growing, but the scrapping of an EV partnership between GM and Honda, plus a warning from China's top battery maker suggest the transition may be slower in 2024
The country's automakers have been unnerved by China’s graphite licensing move and are now looking to limit their EV battery risks
The vehicle-maker also agreed a memorandum of understanding to develop and establish a hydrogen mobility ecosystem in Saudi Arabia
Greenpeace says firms like SAIC Motor and Great Wall Motor are phasing out fossil-fuel cars faster than most legacy manufacturers
China is the world's top graphite exporter and refines more than 90% of the world's graphite into the material used in virtually all EV batteries
The world's biggest EV battery maker saw its third-quarter profit rise by 10% amid slower demand at home and stronger competition from cheaper rivals
Despite some of China’s electric vehicle makers, such as BYD and Nio, being household names, hundreds more now face an uncertain future