German President Frank-Walter Steinmeier on Friday ordered parliament dissolved and set new elections for Feb. 23 in the wake of the collapse of Chancellor Olaf Scholz's governing coalition. Scholz

Nio’s CEO believes five of the world’s top 10 automakers in 2035 will be Chinese. The EV startup’s two mass-market brands will have to sell cars in high numbers to hit Li’s goal. Xiaomi is also