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BAIC BJEV, another leading NEV company in China, initiated a program in November last year that allowed customers to swap or recycle batteries, in a bid to enhance their utility rate.

BAIC's plant in South Africa is to become operational in June.

Avalara beat Wall Street expectations in each of the first three quarters in 2019, posting rapid revenue growth and narrowing losses a little more than a year after going public. The company reached more than 25,000 overall customers last year.

BEIJING - A Chinese official said Monday that progress has been made in expanding the China-Europe express freight train service.

Automakers are expected to produce about 9 million vehicles in the US this year, the lowest number since 2011, according to LMC Automotive, a Detroit-based industry research firm.