Over a dozen state agencies said regions would be urged to increase annual car purchase quotas and efforts made to support sales of second-hand vehicles

Chinese carmakers' exports of passenger cars to Russia in January-May 2023 rose over five-fold year-on-year to almost $3.6 billion, according to Chinese customs statistics

This will be Tata’s first gigafactory outside of India and will have the capability to produce an initial output of 40 gigawatt hours

Prospects for this year are unclear; even steady growth of 3-4% a year must seem small for a country that averaged around 7% last decade, and more than 10% in the 2000s

India is concerned that tie-ups like the one proposed by BYD are “controlled by the foreign partner” and reduce the partnering Indian company to a “dummy entity”

Chinese diplomat Wang said China and the EU should enhance mutual trust, deepen cooperation, and not encourage backpedalling, on 20th anniversary of their strategic partnership

The investment proposal also includes a plan by BYD to set up charging stations in India and build research and development and training centres

Tesla has begun talks with the Modi government on plans to build an EV plant in the country that would sell cars locally at an affordable rate and export them across the Indo-Pacific, a source says

Freiberger Compound Materials CEO Michael Harz doesn't believe China will disrupt gallium trade flows for long, as such a move would quickly damage its own electronics industry

The baht was one of two Asian currencies to rise on Tuesday, but businesses in Thailand are closely watching the vote for a new PM, which will be held in parliament on Thursday.

China's looming export controls create doubt on the supply of a metal some say is a game changer for EV chargers. Carmakers may shift to silicon carbide if they can't find other sources

China's faster transition to electric vehicles has helped carmakers such as BYD and Great Wall Motor establish a foothold in a sector that Japanese automakers have long dominated