Bloomberg Tesla Inc. helped electric vehicles gain a mainstream foothold in the US by starting with luxury cars and then moving down-market. India’s nascent transition to EVs is heading in the opposite direction. Many consumers will get their first taste of electric vehicles from public-transit systems and corporate fleets in India, where car ownership per 1,000 citizens is just 20, ...

Bloomberg Chinese smartphone maker ZTE Corp. aims to launch a smartphone with faster 5G internet capabilities in about a year, according to Lixin Cheng, chief executive officer of the company’s mobile device business. The device would be introduced in the US at the end of 2018 or early 2019, Cheng said in an interview with Bloomberg News. Plans may change ...

Bloomberg Alibaba Group Holding Ltd. was cited again as a marketplace for fakes on a US blacklist, another sign of increasing tension between the US and China. The Office of the US Trade Representative included Alibaba’s Taobao online marketplace on its list of “Notorious Markets,” citing a high volume of reported counterfeiting and piracy. The agency acknowledged steps Alibaba has ...