Global sales of fully electric and plug-in hybrid vehicles reached a new monthly record of 1.4 million units in November

The Biden administration's curbs are designed to wean the US electric vehicle battery supply chain away from China

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

A basket of prices for the key electric vehicle battery metal has dropped by more than 60% this year

China is the world's top graphite exporter and refines more than 90% of the world's graphite into the material used in virtually all EV batteries

The breakthrough batteries can be swapped at Reliance stations or recharged at home using rooftop solar panels, which the firm also plans to sell

The US auto giant refused to say why it has paused construction but some lawmakers said it was a chance to call off its tie-up with the Chinese firm

France’s decision — which follows an EU investigation into Chinese state subsidies for EV production — is aimed at reducing the country’s carbon footprint through imports, an official said

Gotion will be eligible to receive US tax benefits totalling $213 million over 30 years and also get $125 million in capital funding from Illinois

The researchers say they’ve developed a high-performance ultra-long-life aqueous zinc-ion battery

The deals follow the introduction of the US's Inflation Reduction Act, designed to wean the US off the Chinese supply chain for electric vehicles