American multinational automotive giant Tesla Motors has announced that its all-electric Cyberquad for Kids ATV (All-Terrain Vehicle) is available in China.

Japanese automobile manufacturer Mitsubishi Motors has officially announced that it has pulled out of the Chinese market following a steep decline in sales.

Chinese automobile manufacturer NIO Incorporated has confirmed that it has decided to trim down the prices of its by more than $4,000 across the board to boost sales.

India and China have emerged as main buyers for Russian crude oil after European Union put a ban on import of Russian oil.

BYD Limited, a publicly listed Chinese company headquartered in the Shenzhen area of Guangdong, enjoyed an impressive jump of around 100 per cent in its plug-in car sales in April 2023.

The GWM Ora Lightning Cat, an all-electric car produced by Chinese automobile manufacturer Great Wall Motor's Ora EV brand, will enter the UK market in the first quarter of 2024.