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The carmaker said on the weekend it would offer a new, cheaper version of its Model Y in Canada at C$10,000 ($7,378), while Ottawa said the car should also qualify for a hefty subsidy.
The plant will produce 50,000 tonnes per year of lithium iron phosphate (LFP) for cathodes, using lithium carbonate as an input
Treasury Secretary says the US seeks "constructive and fair" economic ties with China and urges cooperation on global debt crises, climate change and ending the war in Ukraine
German foreign minister Anna Baerbock said China wants to follow its own rules at the expense of the international rules-based order and is increasingly a systemic rival.
Delhi is considering restarting talks with Moscow on a free-trade agreement as bilateral dealings have soared since the Ukraine war started
Battery giant is working with partners to ensure the battery is safe and qualified for aviation use. It also aims to start production of a condensed matter battery for electric vehicle uses
Provisional data from India's Commerce Ministry showed that trade between the two countries rose by 7.65% in the 2022-2023 fiscal year to $128.55 billion
India last year implemented a broader framework to facilitate overseas trade in rupees through vostro accounts
China's expertise in chemical refining and production could see it lead a shift to rechargeable batteries that use sodium rather than lithium, a new report says
Beijing has doubled down on proposals for more coal mines to head off the threat of power blackouts across the country
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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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