Shares of Tencent Holdings sank 7% in Hong Kong trading Tuesday after the WeChat parent was added by the U.S. Department of Defense to its list of "Chinese military companies." ...

Good morning! It’s Wednesday, January 8, 2025, and this is The Morning Shift, your daily roundup of the top automotive ...

Vehicle production by car maker Stellantis in Italy fell by 37% last year, hit in particular by a steep plunge in car ...

The Department of Defense accused Tencent and EV battery giant CATL of having ties to China's military. Tencent calls the ...

It’s hard to overstate the reach Contemporary Amperex Technology Co Ltd (CATL) has in the world’s electric car market.

CATL’s market share in 2024 was about 37%, well ahead of Chinese rival BYD Co. at 17%, which considering it also makes cars, ...

NEW YORK - The United States has blacklisted Tencent Holdings and Contemporary Amperex Technology Co. Ltd. (CATL) for alleged ...

While capital expenditure may swell from $4.3 billion in 2024 to nearly $6 billion in 2028, CATL's net cash could nearly triple to roughly $60 billion over the same period, per analyst estimates.

CATL joined Tencent on a Federal Register of entities deemed to have ties with the PLA. Both companies protested their ...

The U.S. blocked CATL, citing military ties, impacting its market share and IPO plans amid concerns over its EV battery ...

Chinese internet giant Tencent’s shares slumped sharply on Tuesday after the company was added to a Pentagon blacklist for ...

Dana White, the president of and CEO of the Ultimate Fighting Championship, of UFC, and a staunch ally of President-elect ...