Despite the Biden Administration’s push to finalise those rules, however, their implementation will come down to President-elect Donald Trump who takes office in a little over a week
China's central bank is expected to cut rates and deploy its biggest stimulus in years to bolster its economy and soften the blow from higher US tariffs
A brutal price war between automakers and millions of dollars worth of government subsidies fuelled a record boom in sales of EVs in China last year
Official data on Thursday showed factory-gate prices falling for a second straight year in 2024, while consumer prices only rose marginally
Brazilian authorities probing BYD’s labour practices in the country say the carmaker brought hundreds of Chinese workers on irregular visas to build the factory
Declaring an emergency would allow Trump to build a new tariff programme via the IEEPA law, which authorizes a president to manage imports during a national crisis
Some analysts think Musk's close ties with incoming President Donald Trump might allow Tesla some kind of waiver from potential future restrictions on the Chinese battery giant
Strict Covid-curbs have put 26 million lives on hold in Shanghai - China's most important economic hub. The resulting supply chain disruptions and revenue losses will spell fresh economic trouble for China, and the world.
The reason isn't just rising temperatures or battery quality but a lack of thermal-based safety precautions. The EV batteries are getting heated beyond 100 degrees, experts claim.
Tesla employees have returned to work at the giant’s Covid-hit Shanghai plant, and they aim to restart production with 1,000 cars a day after a stoppage of more than three weeks.
Hozon New Energy Automobile, an eight-year-old Zhejiang-based electric vehicle maker, startled industry watchers with growing sales of its affordable, spacious SUVs.