Transportation

The cash will be put toward manufacturing costs for the company’s first electric car.

India’s online car rental space is heating up due to multiple factors that include a change in car ownership.

Industry watchers say the move shows Tencent’s confidence in the loss-making auto manufacturer.

China’s largest ride-hailing platform is accused of dodging regulation on purpose and its app is at risk of being removed from the marketplace.

It seems that this is not Carsten Breitfeld’s first invitation to steer a Chinese EV startup.

WM’s two co-founders and CFO used to work for Geely.

Nio has only fulfilled less than 30% of its annual sales target.

A handful of players, including Didi and Ant Financial, have joined in the action but analysts aren’t sure if there’s even a market.