The cutthroat price competition in China in the past year has pressured many local automakers, resulting in significant losses. Some companies might have accepted their falling EV...
Elon Musk's artificial intelligence startup X.AI Corp. is slated to complete a funding round in June that could value the company at more than US$24 billion including its latest influx...
Tesla no longer emphasizes a sales target of 20 million vehicles by the end of this decade as the company accelerates the development of autonomous driving, its 2023 impact report...
Foxtron Vehicle Technologies, an Electric Vehicle (EV) joint venture between Hon Hai Precision Industry (Foxconn) and Yulon Motor, is targeting sales in North America and Southeast...
In a reasonably competitive environment, Foxtron Vehicle Technologies enjoys an overall competitive advantage, according to company president Andy Lee.
In a bold display of military might, China initiated extensive drills encircling Taiwan on May 23, a clear signal to the newly inaugurated Taiwanese president, Lai Ching-te. The exercises,...
The first group of China-made products that the US Biden administration targets will see their tariffs rise on August 1, 2024, according to an announcement from the Office of the...
Cheap electric vehicles from China are already pushing into Europe, undercutting one of the region's biggest industries. BYD Co., which overtook Tesla Inc. last year to become the...
Five years after commencing its automotive ambition, Huawei said the unit has come out of the red. Richard Yu, Huawei's chairman of the smart car solutions business unit, recently...
The rivalry among China, Europe, and the US – the world's three largest EV markets – heats up as America and Europe are poised to raise tariffs on Chinese EVs. China has...
