China, which is the dominant market for electric vehicles, saw sales drop 12% in February, amid a wider cooling worldwide in recent months

Southeast Asia has emerged as one of the hottest EV markets and could boost Tesla at a time when demand is slowing in its two biggest markets: China and the US

Nissan’s Chinese sales dropped by 16% last year while Honda’s were down about 10% in the world’s biggest auto market

In a Weibo post, the Chinese tech giant said it has 59 stores in 29 cities that will take orders for its new EV, to be launched on March 28

The slowdown has fuelled intensifying competition in China's EV market, led by a fresh round of deep cuts by Tesla-beating carmaker BYD

The European Commission said increasing imports from China risked injuring the region's carmakers at a magnitude "that would be difficult to repair”

China wheeled out its economic heavyweights on Wednesday to reassure citizens and investors about its economic strategies for the year ahead. They gave far more detail on Beijing's plans.

Both firms have seen their market shares squeezed by local rivals such as smartphone-maker Huawei and electric vehicle giant BYD, while a larger economic slowdown shadows China

Thailand is already Southeast Asia's leading carmaker and exporter, and has ambitions to become the region's main EV hub too

The chairman of Zhejiang Huayou Cobalt said over-investment in the industry had led to "severe overcapacity" and caused "significant declines" in industry utilisation

Premium electric vehicle brand IM Motors has raised more than 8 billion yuan ($1.1 billion) in its Series B round of equity financing. The money will be used on 'smart car' models and technologies

US president has strong political motives for ordering a US review of the security risks presented by Chinese vehicles, analysts say