China said to mull relaxing restrictions on foreign EV makers

China may allow foreign automakers to set up wholly owned EV businesses in its free-trade zones, Bloomberg reported. A relaxation of the country's joint venture rule would give companies such as Tesla the opportunity to set up fully owned manufacturing operations in China.


VW will recall nearly 5 million vehicles in China over Takata airbags

VW and its Chinese joint ventures will recall nearly 5 million vehicles in China due to potential issues with Takata airbags.

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