Wire flash
FinanceChina has initiated its largest-ever auto recall campaign, focusing on door handle safety in electric vehicles. The sweeping campaign involves 11 automakers, including Tesla and Xiaomi, and comes as Beijing intensifies oversight of the EV industry. Nine of the automakers will install warning labels free of charge to identify the handles, and most will also deploy over-the-air software updates. The recall underscores growing regulatory scrutiny on vehicle safety in China's rapidly expanding electric vehicle market.
The Business TimesRegional