CHINA-ECONOMY

    GM Doubles Down on China with New 20-Year SAIC Deal

    General Motors and its longtime Chinese partner SAIC Motor are extending is joint venture, already one of the automotive industry’s oldest, signing a new agreement that will keep SAIC-GM operational through 2047 as the two companies continue their push into electric vehicles. The 20-year extension renews a partnership that began in 1997, and one that…

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    electric sports car showcased at an event with an audience

      China’s Rocket-Powered EV Claims Zero to 62 in 0.9 Seconds

      Believe it or not, Chinese company Dreame is not the first vacuum cleaner manufacturer to dream (dreame?) of being a big player in electric vehicles. Britain’s Dyson had big plans to build seven-seat EVs with solid-state batteries—the company paid $90 million for Michigan battery startup Sakti3 in 2015, and planned a Singapore factory—but then abandoned…

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