Top American automakers, suppliers and dealers have launched a coordinated lobbying blitz ahead of the high-stakes Washington summit between President Donald Trump and Chinese President Xi Jinping. Industry executives are scrambling to neutralise potential trade deals that could open domestic auto manufacturing lines to state-backed Chinese competitors. “We urge your administration to maintain policies that…
A Hong Kong man has been sentenced to 22 months behind bars for driving his Tesla car dangerously and causing a 19-year-old student’s death at a pedestrian crossing two years ago. The District Court on Thursday also disqualified Ernest Au Yeung Shiu-hong from driving for five years and criticised his “extremely dangerous and irresponsible” attitude…
This article first appeared on GuruFocus. Tesla (NASDAQ:TSLA) shares slipped 1% Thursday as rising competition from Chinese automakers adds pressure across electric vehicles, hybrids, gasoline cars and automotive software, according to a Thursday report. Chinese manufacturers are expanding overseas as weaker domestic demand pushes them toward international markets. Their exports now include lower-cost combustion and…
Elon Musk’s latest praise for China comes as speculation around a possible Tesla-SpaceX combination puts the automaker’s Shanghai operations under fresh scrutiny. While Musk has dismissed reports of plans to separate Tesla’s China business, the country could still pose regulatory and geopolitical challenges to any future merger. Elon Musk has described China as “awesome” and…
Tesla has officially refuted reports claiming the company is considering spinning off, selling, or closing its China operations to facilitate a potential merger with SpaceX. The controversy erupted following a report by the Wall Street Journal, which cited sources claiming that Tesla executives had been instructed to prepare for a separation of the China business….
BYD Japan president Liu Xueliang (left) poses with actress Alice Hirose (centre) during the launch of BYD’s ‘kei’ electric vehicle Racco in Tokyo. (AFP pic) TOKYO: Chinese giant BYD launched an electric “kei” car in Japan today with an ad campaign featuring a top actor, taking on local rivals whose own pint-sized vehicles rule the…
The news came just days after the U.S. District Court for the Western District of Michigan dismissed a lawsuit challenging the procedure by which the Nuclear Regulatory Commission approved Palisades’ restart. Started under the Biden administration, the revival project was one of the first the Trump administration allowed to move forward after taking office, part…
There was no joint statement out of Trump’s China trip today. But there might as well have been. In one of the most secretive spaces in Chinese politics, the walled compound where China’s top leaders live and work, the number of cameras and journalists granted access at the start of the bilateral tea this morning…
Hong Kong is set to ban electric vehicles (EVs) equipped solely with electronic door handles, as authorities seek to align with mainland China’s decision to mandate physical manual releases on all new cars from 2027 to mitigate safety hazards. Secretary for Transport and Logistics Mable Chan said on Wednesday that the government was closely monitoring…
People walk in front of the Exchange Square, which houses Hong Kong Exchanges and Clearing Ltd, in the Central financial district of Hong Kong, April 10, 2026. (SHAMIM ASHRAF / CHINA DAILY) Chinese mainland battery materials maker Yangzhou Nanopore Innovative Materials Technology Ltd has filed confidentially for an initial public offering in the Hong Kong…