Tesla exec denies EV maker has acquired troubled Chinese carmaker Zotye

Rumors of Tesla acquiring other car companies' production lines and building a second factory in China are popping up amid severe capacity constraints.

Ford terminates agreement to build new energy joint venture with Zotye

Ford China has terminated its agreement with Chinese automaker Zotye to build a new energy joint venture, as it cannot be continued after significant changes in China's pure electric vehicle industry and related policies.