Electric cars: Sales lose momentum, prompting tax cut calls The number of electric cars sold reached a record level last year, but their market share fell overall. Source
Tesla recalls more than 1.6 million cars in China over steering software issues The issues with assisted driving functions and door-locking systems will be fixed by remote updates. Source
Zhongzhi Enterprise Group: Chinese shadow bank files for bankruptcy The troubled firm reportedly told investors in November its liabilities had outstripped its assets. Source