Lei Jun, founder of Chinese tech giant Xiaomi, is now the fifth richest billionaire in China thanks to investors' confidence ...

Shares of Dongfeng Motor soared as much as 85.8% in Hong Kong on Monday after the Chinese automaker said its parent was ...

The move aims to enhance Europe's standing in the burgeoning industry, currently ruled by the US and China. Meanwhile, the ...

Volvo, the Swedish automaker owned by China’s Zhejiang Geely Holding Group, has announced plans to shift the production of ...

SONG YU/FOR CHINA DAILY Toyota, the world's leading carmaker by sales, has made a bold move to establish a wholly owned ...

Electric car companies in China welcomed the Year of the Snake with several incentives, after major automakers reported a ...

The need to develop new gas and plug-in hybrid models comes after Porsche, in 2024, abandoned its plan for EVs to make up 80% of sales by 2030. Due to the current slowdown in growth for EV demand, ...

Electric vehicle sales had a 25% increase in 2024, a record number, thanks to incentives and emission targets.

Electric vehicles are setting U.S. sales records, generating economic growth. But repealing government EV policies would ...

Recycling lithium-ion batteries presents a sustainable solution to meet the increasing demand for critical metals, reduce environmental impact, and challenge China's dominance in the rare earth market ...

Mazda is returning to the electric SUV market with a new model, aiming to outpace the smaller and less capable MX-30 in sales ...

Volkswagen and Xpeng just signed a memorandum of understanding that will give their customers access to both companies' super-fast charging stations in China.