The new requirements, issued in December, seek to reduce US reliance on China in its electric-vehicle supply chain

Tesla paid 222.42 million yuan ($31.13 million) for use rights to a 19.7-hectare (48.7 acres) plot in Shanghai for $31.13 million

Prices of the key EV battery metal have already tumbled close to 80% this year with supply outpacing the rise in demand

Spot lithium prices in the world's top producer of the battery metal were effectively down close to 80% year-on-year

Japan has designated batteries for energy storage as important under an economic security law and earmarked close to $2.4 billion to support their supply and development

Vietnam, a global export hub, has been attracting global investments thanks to its array of free-trade deals and cheap labour, with the added allure of protection from increasing Sino-US trade friction

The investment, from a British consortium that includes mining giant Glencore, will go into a wind energy-powered industrial park on Sulawesi island

The South Korean government and battery producers LG Energy Solution, Samsung and SK On will together invest in the next generation of power cells

China's zero-Covid policy, which has snarled supply chains and hurt production, prompted LGES to seek EV-battery factory sites elsewhere in Asia

The company said it would establish an advanced energy materials research institute and a new energy technology industrialisation research centre in Beijing

Elon Musk, its chief executive, has demanded the company ramp up battery production, especially of its so-called 4680, denoting the diameter (46mm) and height (80mm)

Azis Armand, chief executive of Indika, Indonesia's third biggest coal producer, said a feasibility study for the proposed joint venture is being prepared