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Business & Tech

China’s electric car sales grew in 2024 as sales of gasoline cars plunged

BEIJING (AP) — Sales of all types of electric vehicles rose more than 40% in China last year, while those of gasoline-powered automobiles plunged, industry data showed Monday. A total of 31.4 million vehicles including buses and trucks were sold last year in the world's biggest market by ...

Taiwan iPhone maker Foxconn sets its sights on the ever more crowded EV market

BANGKOK (AP) — Auto industry newcomers like Taiwan-based iPhone maker Foxconn and China's Huawei Technologies are maneuvering to gain an edge in the electric vehicle sector, prompting automakers like Japan's Nissan and Honda to announce plans to join forces against a flood of ambitious ...