The European Union said China agreed to slash millions of hybrid car exports to the bloc, pointing to a potential trade detente before EU leaders meet next week to discuss further steps against Beijing.

China said it has reached an “understanding” with the European Union on hybrid car exports — a key source of friction between the two sides — without offering any details.

Geely Automobile Holdings Ltd. introduced an AI-powered electric vehicle charging technology that it says can bring a battery from 10% to 70% in under five minutes, intensifying the industry’s race for faster charging.

Boring Co. secured $3 billion in fresh investment backed by the United Arab Emirates and affiliated entities, in a funding round valuing Elon Musk’s tunneling startup at $23 billion.

Beijing’s No. 2 official played down worries about the disruption wrought by his country’s surging exports on the global economy, instead championing the benefits provided to the world by China’s development.

Beijing’s No. 2 official played down worries about the disruption wrought by his country’s surging exports on the global economy, instead championing the benefits provided to the world by China’s development.

Beijing’s No. 2 official played down worries about the disruption wrought by his country’s surging exports on the global economy, instead championing the benefits provided to the world by China’s development.

As electric vehicles become smarter and pack more powerful chips, they may handle work for artificial intelligence models in the future, according to Contemporary Amperex Technology Co. Chairman Robin Zeng.

China’s President Xi Jinping pledged support for neighboring Myanmar during a visit to Beijing by his counterpart Min Aung Hlaing.

China’s President Xi Jinping pledged support for neighboring Myanmar during a visit to Beijing by his counterpart Min Aung Hlaing.

BYD Co., the world’s largest electric vehicle maker, unveiled a series of technology advances including what it calls China’s most powerful chip for self-driving cars.

Pony AI Inc. raised its robotaxi fleet target for this year by 500 vehicles to 3,500 after reporting stronger-than-expected first-quarter revenue.

Ecarx Holdings Inc., a company backed by Chinese billionaire Li Shufu, said it reached an agreement to deliver robotaxis to US startup May Mobility Inc., in a deal it valued at about $750 million.

German businesses’ outlook on the Chinese economy improved from last year despite the Iran war impacting their operations and persistent geopolitical tensions.

China’s car sales fell 21.5% in April after deliveries of gasoline vehicles plunged due to the Iran oil shock, and electric car demand wasn’t strong enough to counter the slump.

As electric car sales soften in China after years of breakneck growth, electric trucks are taking off, with the emerging industry expected to get a boost from the Iran war.

China’s exports of electric vehicles and hybrids more than doubled in March to a record as the global energy shock stemming from the Iran war renewed interest in EVs.

Geely Automobile Holdings Ltd. is now the world’s best-performing electric-vehicle stock, following a torrid rally fueled by optimism about the reinvention of a combustion engine-era brand.

China’s exports of electric vehicles and hybrids more than doubled in March to a record as the global energy shock stemming from the Iran war renewed interest in EVs.

BYD Co.’s exports and overseas sales climbed 65% in March as surging oil prices due to the Iran war boosted demand for electric cars, though the automaker continues to struggle to regain momentum in the China market.