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The U.S. Just Drew a Line in the EV War—China’s Car Industry Is Reeling

Under its rules, any EV using Chinese-made batteries or components is disqualified from receiving federal tax credits unless the vehicle is built within North America. This instantly eliminates ... Read More

An EV Avalanche Is Coming, And It Could Trigger a Massive Price War

With thousands of electric models leases ending soon, oversupply may force dealers into steep discounts and a full-blown EV price war. Read More

Half of China’s Car Factories Just Went Dark—and Its EV Industry Is Eating Itself Alive

Half of China’s car factories have gone silent, and the shockwaves across the industry are impossible to ignore. Once the unstoppable engine of the global EV boom, China’s auto sector is now stumbling ... Read More

China’s EV Market Is Imploding

China’s EV woes are a direct consequence of these interventions, which have engineered an unsustainable glut of vehicles. But instead of addressing these market problems, China’s leaders are cracking ... Read More

Trump’s EV retreat is a huge win for his No. 1 trade rival

A version of this story will appear in CNN Business’ Nightcap newsletter. To get it in your inbox, sign up for free here. Two years ago, as President Donald Trump was running for reelection, he ... Read More

Chinese EV sales are booming worldwide. Can the US catch up?

“Never in a hundred years has the auto industry witnessed such explosive growth in exports from a single country,” one analyst said. When world leaders gather in Brazil next month for the annual ... Read More

Inside China's EV 'involution': fierce competition, falling prices, and global ripples

China's electric vehicle (EV) sector, once a symbol of the nation's manufacturing ascendancy, is now showing signs of strain. As production far outpaces demand, the industry has entered a phase of ... Read More

China's car sales slow in October as some trade-in subsidies, tax breaks are phased out

China has reported its passenger car sales slowed in October, even for electric vehicle makers BYD and Tesla, as automakers cut prices to compete in an overcrowded market ... Read More

A New Trade War Begun? U.S.-China Tensions Back In The Spotlight

In recent weeks, trade tensions between the United States and China have visibly intensified, raising fears of a new wave of economic conflict between the world’s two largest economies. Rhetoric on ... Read More