China's Tianqi Lithium Corp plans to open its books on Thursday, June 30, for a listing in Hong Kong in mid-July that could raise $1-2 billion, sources have revealed
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The carmaker laid off about 200 employees at the driver-assistant system unit. One man who lost his job said: "We're definitely shocked; we're definitely blindsided."
The company said it would accelerate production of ethyl methyl carbonate (EMC) and diethyl carbonate (DEC) - two types of electrolyte solvents
The agreement with the US carmaking giant comes on the heels of similar deals with Tesla and South Korean battery maker LG Energy Solution
LGES, South Korea's biggest player in the booming market for EV batteries, counts Tesla, General Motors and Volkswagen among its customers.
Chinese battery giant CATL is working on power battery structures and chemical systems, including previously unheard-of condensed matter batteries, a report by Pandaily said
Gotion said it would build total battery production capacity of 300 gigawatt hours (GWh) over three years against the 16 GWh it produced in 2021. It plans to have a third of that output overseas
Japan changed a key policy document that put hybrid vehicles on par with battery-electric cars after Toyota warned that carmakers could not back a government that rejected hybrid tech.
The accident involving a Nio test vehicle that reportedly plunged off the fifth floor of the company's headquarters in Shanghai had become "one of the most discussed topics on Weibo"
Petrol-electric hybrid models remain far more popular in Japan than pure EVs like the Solterra and bZ4X, which accounted for just 1% of passenger cars sold
The A$76 million ($52 million) investment would make Stellantis the company's second-largest investor with an 8% holding