Elon Musk’s firm has seen its stock fall by about 31% so far this year with customers slow to transition away from fossil-fuelled motors
Scholz pressed his case for an open and fair European market for Chinese cars but warned against dumping, overproduction and intellectual property infringements
Lawmaker Sherrod Brown, who has also demanded steep tariffs on Chinese EVs, says they are a threat to American automakers
China says excess capacity claim is groundless and should be viewed from a global perspective and that its trade in key green sectors is based on innovation and complete supply lines
Chinese firms have ordered 47 ships, including car carriers, to cut export costs. Meanwhile, idle car factories are being shut amid huge industry changes; only two local carmakers out of about 100 are now said to be profitable
US Treasury chief winds up talks with China's financial leaders; she also warned that Chinese banks could face sanctions if linked to arms deals that aid Russia's war in Ukraine
With sales of electric vehicles expected to account for 40% of the 23 million cars sold this year, China’s demand for gasoline (petrol) is predicted to peak by 2025
Sources claim state-owned SAIC Motor plans to cut 30% of workers at its JV with General Motors, 10% at its unit with Germany's Volkswagen, plus half the staff at its Rising Auto EV unit
Huawei remained relatively muted about its achievement, doing away with the press conference and launch event it has held every year at least since the US restrictions began
BYD has set back plans for an EV factory in Vietnam, while CATL has said solid-state batteries are problematic and have safety issues
Chinese EV battery-maker is in talks with Tesla and other automakers to licence its battery technology in the United States, new report says
The Japanese automaker now plans for hybrids and fully electric cars to make up 60% of its sales by the end of the decade