Domestic carmakers are rapidly gaining market share in China as they embrace electric vehicles faster than their foreign rivals who are grappling with unused manufacturing capacity of gas and diesel vehicles

Chinese carmakers will continue to offer discounts well into the second half of the year as the debilitating price war shows no signs of slowing down in the world’s top market, industry insiders said at the Shanghai Auto Show.

The Toyota Prius hybrid and all-electric Nissan Leaf had early-mover advantage, so why is no Japanese company among the top 20 makers of electric vehicles now?

Three years after the coronavirus pandemic triggered a global shortage of semiconductor chips and crippled car manufacturing, Ford, GM and others are raking in huge profits.

Geely subsidiary Aerofugia has completed the trial run of its five-seater AE200 flying car, moving the Chinese auto giant closer to its goal of delivering electric vertical take-off and landing vehicles to market.

ByteDance-owned cloud service Volcano Engine and Haomo.AI have established the largest dedicated computing centre for autonomous driving in the world’s biggest car market.

Hainan officials arrive in Germany on Monday, seeking collaboration with institutions and companies, after trips to Japan and Hong Kong yield deals with Swire Group, PwC and Charles Li’s Micro Connect.

Beijing’s zero-Covid stance may be doing what Donald Trump didn’t manage to fully achieve during his term as US president – shifting global supply chains away from China for the first time in 40 years.

Nio plans to enter the US market in late 2025 and launch more affordable models to compete against the likes of Tesla’s Model 3 and Model Y.

Plan offered by seven dealers of 17 car brands, such as BMW and Toyota, is likely to be approved by Competition Commission.

Tesla’s crash rate per 1,000 vehicles is substantially higher than data from other carmakers given to the Associated Press.

China’s vehicle industry took a deep dive last month, as Shanghai went into a citywide lockdown, which idled car plants from General Motors to Tesla and Volkswagen.

The list is still growing as more firms report financial results in the days and weeks ahead.

Volkswagen will close part of its factory in Shanghai because of the difficulty in procuring parts during the city’s lockdown, although it is also looking at ways to keep production running while pandemic restrictions are in place.

FAW, which produces a range of marques, from Volkswagen and Toyota to China’s iconic Red Flag limousines, initially halted production between March 13 and 16. But the severity of Changchun’s Covid-19 outbreak has stopped it from restarting production.

Firm will halt work at its 14 plants in Japan on Tuesday, after parts supplier hit; Japanese government to investigate incident and whether Russia is involved.

To retake its leadership position, GM will have to return to something closer to the 2.5 million vehicles the company delivered in 2020.

Top carmakers’ electric car sales have disappointed so far this year, as they are yet to hit upon a winning formula in China, say industry observers.

Strict government mandates to combat climate change are driving demand in Europe and China, where automakers and consumers face rising financial penalties for selling and buying traditional petrol and diesel-fuelled cars.

China’s largest maker of SUVs is launching production at its Thai factory, which is capable of churning out 80,000 cars a year initially

The magazine named Tesla’s top-selling Model 3 a “Top Pick” in the US$45,000 to US$55,000 price range, saying it offered “an otherworldly driving experience, with punchy acceleration,” but said the brand’s Model S, Model Y and Model X vehicles showed shortcomings in “build quality,” including back hatches that don’t close properly and poor paint finish.

Electric carmaker will set up R&D facility before building production plant, possibly in suburbs of Bangalore.

Toyota, Subaru and Nissan are all using smart technology and even AI to make cars more user-friendly and safer.

Lockdowns and travel restrictions are prompting housebound shoppers to snap up more phones, game consoles, smart TVs and laptops, which in turn has fuelled demand for the chips used in those devices.