Chinese electric car company Nio revealed Wednesday that the first car for its new, lower-priced brand, Onvo, will be about $4,000 cheaper than Tesla's comparable Model Y. Onvo aims to set a "new ...

Chinese generative artificial intelligence model maker Stepfun has reportedly closed on a bumper funding round worth “several hundred million dollars” from a host of investors including state-owned ...

Brussels imposed hefty import tariffs on China-made EVs in 2024 Volkswagen's deal highlights model-by-model tariff exemption approach Europe has become crucial market for China after blocked access to ...