May sales in China of NEVs rose 49.6% month-on-month despite a 12% fall in overall car purchases, as officials rolled out stimulus to support a market hit by the country's Covid-19 lockdowns.

The EV maker has set a target of 71,000 cars at its Shanghai plant for June. Added with 44,301 units produced in April and May, that would be about a third less than its first-quarter output

The company cancelled the three events for positions in sales, research and development and its supply chain that were originally scheduled for June 16, 23 and 30, respectively

The dispute started last August when the DRC government announced it had formed a commission to reassess the reserves and resources at the mine

Online hiring event for "smart manufacturing" roles proceeds, company posts two dozen new open positions in China.

The car, which doesn't have door handles and can be controlled by voice recognition, was launched at an online press conference held on Baidu's metaverse-themed app Xirang

China's Didi Global is in talks to buy a third of Sinomach Zhijin Automobile, a small maker of electric vehicles, sources revealed on Wednesday

GLy New Mobility Fund, a global mid-to-late-stage fund, said it made the investment in Vayyar Imaging, a 4D imaging radar-on-chip provider

BYD, the world's biggest manufacturer of electric vehicles and plug-in hybrids, has been working on a plan to supply batteries to other automakers including Toyota

Musk's lawyers wrote to Twitter on Monday warning he may walk away unless the social media company provides him with more data

While Sony will develop the software and entertainment content available in the car, Honda will provide the hardware and safety features for the vehicle, the report said

The mandate to invest in cleaner technologies and the industry's growing prospects have attracted private equity firms and venture capital firms to electric vehicle startups in India