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Tesla has begun talks with the Modi government on plans to build an EV plant in the country that would sell cars locally at an affordable rate and export them across the Indo-Pacific, a source says
The 12% slump in outbound shipments was worse than expected in the year-on-year Customs data for June. Imports also contracted by 6.8%.
The baht was one of two Asian currencies to rise on Tuesday, but businesses in Thailand are closely watching the vote for a new PM, which will be held in parliament on Thursday.
China's looming export controls create doubt on the supply of a metal some say is a game changer for EV chargers. Carmakers may shift to silicon carbide if they can't find other sources
Yellen expressed concern about "unfair" and "punitive" actions against US companies in China after a meeting on Friday with US business representatives in Beijing
The world's largest battery supplier claims it has developed new materials that can deliver a 50% increase in efficiency in extreme cold at minus-20 Celsius
Industry players forecast the move will weigh on domestic prices even as overseas prices of the thinly traded minerals – gallium and germanium – jumped this week
Firms across the globe are scrambling to assess the impact on supply chains from restrictions China announced this week, with a focus on finding alternatives for key components
Chinese analysts say Yellen's speech in April, which ranked national security interests as the top plank of America's bilateral economic policy, did not inspire optimism for the visit
On Tuesday, the EU voiced concerns over China's planned curbs on exports of some gallium and germanium products and expressed doubts that the move was related to national security
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Energy: The Big Picture
India’s fast-rising Russian oil imports are being matched by its rising oil exports suggesting it may be reselling Russia’s oil to the West.
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Transport InsightsAnglo-American Puts World’s Biggest Hydrogen Truck to WorkMining giant Anglo-American has unveiled a prototype of what it says is the world’s largest hydrogen-powered mining truck
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Energy InsightsWhat is China’s Tokamak Fusion Reactor?The goal of the Experimental Advanced Superconducting Tokamak project is to unlock the secret to clean and limitless energy on earth, with minimal waste products
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Energy InsightsDoes US Warning to India Point to More Russian Oil Restrictions?The US state department says it is aware of talks between Russia and India concerning the purchase of oil. It has no objection to India buying Russian oil, provided it buys at discount
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Market InsightsKazakhstan Unrest Poses Risks for World EconomyHundreds of people have died and thousands have been detained in Kazakhstan during the worst violence seen in the Central Asian nation since it became independent in the early 1990s. The unrest in Kazakhstan poses risks for energy markets, and even cryptocurrencies.
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