This significant sell-off comes in the wake of Baglino’s resignation from his senior leadership position at Tesla.

Tesla will utilise its established foundations and production lines to present the so called ‘more affordable’ models by early next year.

Honda has announced plans to collaborate with South Korean steel giant POSCO for battery cathode materials production.

While automakers are trying to cope with the competitive EV landscape, Mercedes has confirmed its continued investment in Chinese tie-ups.

Due to a strike at a plant run by supplier MA France, three Stellantis assembly plants have halted production

According to announcements made at the Beijing auto show, Toyota Motor will team up with Tencent and Nissan will pair up with Baidu for China’s …

This move comes amid intensifying competition and shifting dynamics in the global automotive industry.

This move represents a significant shift in strategy, as BYD transitions from a low-cost automaker to a formidable competitor in the luxury vehicle space.

With 117 new models unveiled, including 278 new energy vehicles (NEVs), this year’s show surpasses its predecessor in Shanghai.

Xiaomi has secured 75,723 orders for its SU7 electric sedan as of April 24, setting a new record for an EV startup.