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Western automakers face high costs, tariffs, competition, and strict carbon rules while shifting to EVs

Western automakers face high costs, tariffs, competition, and strict carbon rules while shifting to EVs

Auto makers across Europe and the United States are dealing with several crises simultaneously. Slimmer profits, workforce reductions, and cost-cut...
Guangdong faces weak growth as US-China trade strains bite

Guangdong faces weak growth as US-China trade strains bite

Once an economic hub, Guangdong now shows the strain of China’s shifting economy, with shut-down factories and quiet streets reflecting a wider slo...
Chinese EV firms spent more money on overseas factories than domestic ones in 2024 for the first time ever

Chinese EV firms spent more money on overseas factories than domestic ones in 2024 for the first time ever

Chinese electric vehicle companies are now investing more cash in overseas factories than inside China, with 2024 marking the first year that forei...
India, China move to mend economic ties after Trump’s tariff hikes

India, China move to mend economic ties after Trump’s tariff hikes

India and China are working to repair their weakened economic ties, marking a change as Prime Minister Narendra Modi strengthens links with other B...
Tesla's Europe sales test new lows as EV maker navigates legal loops in the U.S.

Tesla's Europe sales test new lows as EV maker navigates legal loops in the U.S.

In July, despite a rise in overall electric-vehicle purchases, Tesla’s deliveries in Germany suffered a sharp drop, according to figures released T...