Warren Buffett-backed BYD took the lead among Chinese electric-car makers, with a 152.5% increase in EV deliveries

Russia has been diverting oil exports from Europe to Asia as the US and its allies try to choke off its energy revenues to limit its ability to fund the Ukraine war

India sold crude products worth $588 million to the US in November after snapping up sanctioned Russian oil at deep discounts

The US sees the participation of other top producers of chipmaking equipment as essential to making its sweeping chip export controls against China effective

Japanese Prime Minister Fumio Kishida is set to meet US President Joe Biden on Friday, with a focus on chip export controls, critical technologies, global economy and joint security issues

Firms from Hyundai Motor to BYD are set to focus on electric cars, while Maruti Suzuki and Toyota Motor are expected to also showcase hybrid and hydrogen fuel-cell vehicles

Several Tesla owners in Shanghai also said they felt misled by Tesla sales staff who told them they would face higher prices in the new year

The solar energy project aimed to employ the world's longest undersea cable to deliver power from northern Australia to Singapore and Indonesia, but project 'not dead', key backer says

Tesla has chosen to lower prices and take some additional downtime at the Shanghai factory to bring supply and demand back in balance

More countries around the world are, meanwhile, demanding that visitors from China take Covid tests as the country battles a ‘tidal wave’ of infections

The battery-maker aims to produce LFP batteries that can be made at lower cost, but deliver less range than comparable nickel-cobalt electric vehicle batteries

Rival Chinese electric vehicle maker BYD and the budget-EV joint venture of General Motors in China both outsold the US carmaker