Zijin has spent $16 billion buying three lithium mines over the past year, but its president says the group aims to become one of the top three to five mining companies in the world by 2030

The US Commerce secretary says Washington needs to bolster its export controls and strengthen supply chains to challenge China’s “economic coercion”

Analysts blamed Covid curbs for the latest data for November, saying Covid restrictions have been imposed in areas responsible for 25% of GDP, and with rising cases the economy may struggle until well into 2023

China claims nearly all of the South China Sea and the waters have become a flashpoint in the testy relationship between it and the United States

Production at two VW car plants in China has been impacted by the latest Covid wave sweeping the country, a VW spokesperson said on Monday

The combined market value of BYD's stock listed in Hong Kong and Shenzhen is $87.50 billion

The company said on Tuesday it will invest more than $3 billion to build a battery cathode factory in Tennessee. The cathodes will use NCMA chemistry, which is largely nickel and other metals

BYD pushed ahead of the likes of MG and Hyundai, but Elon Musk's Tesla remained far out in front

The news comes after China's biggest company reported a second straight quarterly sales drop, hit by the economic slowdown and China's regulatory crackdown.

Foxconn and its Indonesian parter Indrika Energy is looking to make EV batteries with a Thai firm, possibly the state-run energy giant PTT.

"We're going to compete vigorously. But I'm not looking for conflict," US President Joe Biden said after meeting Xi on the sidelines of the G20 summit

The EVs of the future — those arriving after 2025 — could shift to significantly cheaper sodium ion or lithium sulfur battery cells