Wingtech , the Chinese parent company of Netherlands-based Nexperia, said on Friday that the Dutch unit was conspiring to create a non-Chinese supply chain and permanently strip it of its control.
Chinese electric vehicle maker BYD will immediately recall 88,981 plug-in hybrids over power battery-related safety hazards, the market regulator said on Friday.
The EU executive will unveil next week measures to cut the bloc's over-reliance on China for critical raw materials as Europe seeks to keep up with fierce global competition from the U.S. and Asia.