The companies arranged for cars to be insured before they were sold to buyers, the documents show, enabling them under Chinese industry car registration practices to book sales early so they could hit ...

Chinese EV brands Neta and Zeekr reportedly inflated sales figures by pre-registering cars with insurance before actual sale ...

Sona Comstar forms a JV with Jinnaite Machinery to enter the Chinese electric vehicle market with a USD 12 million investment ...

Sona Comstar will invest $12 million and have a 60% stake, while JNT will contribute $8 million in assets and business to the ...

Chinese electric vehicle brands Neta and Zeekr inflated sales in recent years to hit aggressive targets, with Neta doing so ...

Chinese Ministry of Industry and Information Technology is reportedly preparing a crackdown on the insurance-first sales ...

Major automakers should push for "rational competition" in the electric vehicle industry, a senior Chinese official said on ...

President launches blunt attack on cadres who encourage reckless development then ‘pat their buttocks’ and walk away ...

Gurugram-based auto component maker Sona BLW Precision Forgings Ltd. (Sona Comstar) is entering China’s booming EV market ...

China has put export restrictions on technologies critical for producing electric vehicle batteries, in a move to consolidate its dominance in the sector that has contributed to the country’s lead in ...

Auto components manufacturer Sona BLW Precision Forgings Ltd (Sona Comstar) is entering the Chinese electric vehicle market ...

China is worried about overcapacity. Even President Xi Jinping was critical, asking if every province needed to invest in EVs ...