Wind power turbine prices drop 20% in three months; Apple supplier Luxshare jumps into carmaking; CATL works on output of sodium ion battery

Geely and Chery develop engineering hubs close to former GM unit’s headquarters

The governments of a city in Zhejiang and a district in Qingdao have fronted the majority of the money for the firms vying for a controlling stake in the struggling automaker

Province moves ahead with reported plan to bring cash into struggling Chery through share issuance

Investor would take on controlling stake; authorities would retain veto to keep firm in province