Nissan Motor unveiled four new electric vehicle models at the Beijing Auto Show and vowed to build more EV products ‘in China, for China’ in an attempt to recover lost sales.

The carmaker hopes to lure high-end Chinese consumers amid an escalating price war among some of its top rivals.

Oil consumption in China’s transport sector will peak next year ‘at the latest’ as rapid adoption of electric vehicles (EVs) pulls the plug on petrol consumption, according to the nation’s largest oil and gas producer.

The Chinese tech giant already counts more than 100 carmakers and various automotive industry players as partners.

The plan would next be submitted to the relevant ministries in each of the 21 member economies of Apec before appearing on the agenda of the Apec Leaders’ summit in Lima in the week of November 10.

Further discounts offered by carmakers in a price war in mainland China’s electric vehicle market could ensnare even the likes of top seller BYD, Goldman Sachs says.

The German carmaker, which saw its market share shrink in China last year, said it plans to launch 30 new electric cars on the mainland by 2030 as it vies to keep up with the rapid pace of electrification in the world’s largest vehicle market.

Tesla launch of ‘new models’ by early 2025 in an advanced timeline would use its current platforms and production lines

Though trade ties have taken a hit in other areas, the EU’s agriculture commissioner says a stronger relationship between China and Europe can and should exist in food and farming products.

Foreign buyers have returned to China’s largest trade exhibition, drawn by the array of new energy vehicles and other green products on offer at the Canton Fair.

Lawmakers hear 40 petrol stations have agreed to install 100 quick chargers by March next year.

Readers discuss the competition among electric vehicle manufacturers in China, and what the country’s leadership should prioritise.

Li Auto , Tesla’s nearest rival in mainland China, reduced the price of all its vehicles by up to 5.7 per cent, just a day after the US carmaker offered discounts to local customers amid an escalating discount war.

Musk has ordered the company’s biggest lay-offs ever and staked its future on a next-generation, self-driving vehicle concept called the robotaxi. People familiar with his directives are unsettled by the changes the CEO wants to push through.

Tesla has cut the prices of its Shanghai-made vehicles by more than 5 per cent in mainland China, joining an intensifying discount war in the country amid a slowdown in the carmaker’s sales globally.

Hesai, which released new products based on its ATX technology on Friday, is seriously considering building plants outside mainland China to capitalise on the growing use of the technology, CEO Li says.

The president’s announcement, which follows backlash to the ban, gives hope to advocacy groups who hope for a reconsideration of the ban.

The affected vehicles have a fault with their accelerators that could cause the pedal to jam, Tesla said.

China is the world’s top producer and consumer of electric vehicles, and Beijing is now seeking the lead in hydrogen-powered vehicles.

The internet giant’s Intelligent Driving Group will strive for ‘100 million yuan of revenue and 100 million yuan of profits’, unit head Wang Yunpeng writes in a letter to employees.

Beijing-based Li Auto has priced the new L6 SUV from 249,800 yuan (US$34,509) onwards, 5 per cent cheaper than Tesla’s popular Model Y.

Only a few dozen employees at the Gigafactory 3 in Shanghai were told to leave, representing a tiny portion of the workforce of 20,000 assembling Model 3 and Model Y vehicles, say two people with knowledge of the matter.

Report claims nickel mining in Sulawesi is causing severe environmental damage and endangering the livelihoods of indigenous communities

Ampace is betting on a boom in home energy storage systems and the ‘batterification’ of tools and electronic devices as it aims to solidify an already dominant position in a part of the market away from electric cars and smartphones.

Banma Network Technologies, an Alibaba-backed autonomous-driving software start-up, has replaced its CEO amid an overhaul.