In 2022, while lithium prices were soaring to life-time highs, CATL intervened in the market by opening a huge lithium hub in China. Prices have since slumped 86%

While CATL's board has approved the plan, the proposal still requires approval from regulators in Beijing

China is currently the world’s dominant supplier of clean technologies, and the EU has been uneasy over its dependence on Beijing for them

China’s announcement last week on ending export tax rebate means exporters of affecting products — ranging from aluminium to used cooking oil — will look to pass on the resulting extra costs

Lawmakers say the US should ban imports from the battery-makers because their supply chains are linked to Xinjiang and 'deeply compromised'

Solid-state batteries hold the promise of improved safety, a longer lifespan and faster charging compared with conventional lithium-ion batteries, but mass adoption remains some way off

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