China's commerce ministry said it was "very much dissatisfied" with the anti-subsidy investigation as it lacked adequate evidence and did not conform with World Trade Organization rules

Beijing is encouraging Chinese companies in the sector to form "innovation consortia” and share tech advances

The move by major companies to reduce production in China has boosted inflation, but the western shift to 'friendly shores' has been positive for countries like India and Vietnam

The proposed collaboration, which would see Nio share its research and technology for investment, has reportedly already met with resistance in Germany

Trading in Evergrande shares and those of its property services and EV units was suspended on Thursday, while officials continue to investigate if staff at two divisions acted illegally

Hyundai confirmed there had been 21 fires and 21 other ‘thermal’ incidents related to the recall, while Kia said it had seen at least 10 blazes

Japanese carmaker will withdraw from its joint venture with state-owned Guangzhou Automobile Group, as sales have been sluggish because of the rising popularity of EVs

The US auto giant refused to say why it has paused construction but some lawmakers said it was a chance to call off its tie-up with the Chinese firm

Germany’s economy minister said the country’s carmakers are “afraid” of retaliation from Beijing over potential EU duties targeting Chinese electric vehicles

Chinese visitors landing in Bangkok on Monday got a VIP welcome from Thailand's new PM, who is looking to rev up the economy, and has been wooing tech giants such as Tesla, Google and Microsoft

The Japanese auto giant has lagged behind rivals in the electric vehicle race but is now accelerating its efforts to catch up

The announcement came after customs data showed China had completely blocked its exports of germanium and gallium products in August