President Trump's Big Beautiful Bill Act slashes EV tax credits, stalling U.S. electric vehicle growth and transition to cleaner transportation alternatives.

Robert Li, executive vice-president and general manager of China for NXP, said this move reflects a shift from simply serving the Chinese market to co-creating within it — deploying global resources ...

The average car price in China is around $22,900 (165,000 yuan). BYD Co. Ltd., the world's largest EV maker, announced ...