China is dominating Japan in the electric vehicle (EV) market, prompting two major Japanese automakers to collaborate in order to prevent being overshadowed
Lei Jun, the founder of Xiaomi, entered the electric vehicle market following in Apple’s footsteps. Now, he expresses being “very surprised” by Apple’s choice to withdraw from the same market
As China’s electric vehicle industry expands globally, traditional automakers emphasize the increasing significance of cost reduction over other priorities