The European Union and China have agreed on a framework aimed at easing tensions over the import of Chinese-made electric vehicles into the European market, following months of trade friction triggered by steep EU tariffs. Under the agreement announced on Monday, Brussels outlined next steps through a new guidance document setting out conditions for Chinese […]
Singapore-based Grab Holdings has announced the acquisition of Infermove, a China-based developer of AI-powered robotics solutions, in a move aimed at enhancing its first- and last-mile delivery services. In a statement on Tuesday, Grab said the acquisition will allow the company to “bridge online and offline in better and smarter ways” by developing Infermove’s technology […]
China has criticised the United States over what it described as the use of force in Venezuela, warning that such actions threaten peace and stability across Latin America. The Chinese Foreign Ministry said it supports the convening of a United Nations Security Council meeting to address the situation. Speaking at a briefing on Monday, ministry […]
Tesla has reported weaker-than-expected vehicle sales for the fourth quarter of 2025, losing its long-held position as the world’s largest electric vehicle maker by annual sales to China’s BYD. The Elon Musk-led company delivered 418,227 vehicles in the final three months of the year, bringing its total EV sales for 2025 to about 1.64 million […]
