The market value of arms manufacturer Rheinmetall surpassed that of automotive giant Volkswagen Group on Thursday, marking a significant shift in Germany’s economy from automotive to...
Chinese Premier Li Qiang has urged officials to do their utmost in the race to achieve key targets, such as maintaining an economic growth rate of...
China’s leading electric vehicle (EV) manufacturer, BYD, has vowed to “work together” with rival Tesla to challenge gasoline-powered cars, while insisting that Beijing is “more open”...
Late last year, Nissan offered embattled rival Honda a lifeline: a $60 billion tie-up that would have helped both Japanese carmakers compete against Chinese brands disrupting...
Chinese automakers are intensifying efforts to export hybrid vehicles to Europe and introducing more models tailored for the region. Industry experts believe this reflects the limitations...
US President Joe Biden has been urged to ban the import of Chinese-made electric cars into the US. “Chinese electric vehicles pose an existential threat to...
Xiaomi, one of the world’s largest smartphone manufacturers, has entered the electric vehicle market with a model that costs less than half the price of electric...