Zhejiang Huayou Cobalt is splashing $300 million on the new plant, aimed at bolstering China's battery materials supply for the electric vehicle (EV) market, report says

Carmaker is set to raise $800 million in its Hong Kong initial public offering, which will be the city's biggest IPO this year, although only half what it initially hoped to raise

Embattled Huawei has seen its star rise and fall, when it was targeted by Western sanctions, but now it’s back again – as an automaker

The China Aviation Lithium Battery Co plans to use the proceeds to build new battery production lines

China EV makers Wuling, Xpeng, Nio and BYD have all put themselves in the perfect position to stake a claim in Europe’s lucrative market

Europe is "20 years" behind China and will have to rely on them for raw materials for some time, Livista Energy chief Roland Getreide was quoted as saying

Yoon will meet Biden in New York, where they are expected to discuss North Korea and concerns in Seoul over the climate bill cutting tax credits for electric vehicles made outside the US

BYD's market share dropped from 25.2% in July to 21% in August, while smaller maker Farasis took a 2.3% share, up from 0.5%, South China Morning Post said.

Tesla is ramping up hiring of technicians and service staff, while shutting some city showrooms and opening more suburban maintenance facilities after complaints over service delays

Nickel miner PT Vale Indonesia and China's Zhejiang Huayou Cobalt will work together on the Sorowako plant processing 60,000 tonnes of nickel

The cause of the blaze is yet to be confirmed, but there is concern it could reduce consumer confidence and derail growth of a sector that is key to India's carbon reduction goals.

The move followed concern that Imperial's research facilities were aiding China's latest army jets and high performance batteries, The Guardian said.