The initiative is part of president Joko Widodo's goal of developing a supply chain utilising the Southeast Asian country's mineral resources

American EV maker Tesla has been forced to put its China production line on hold because of Covid restrictions’ impact on staffing and suppliers

The price increases will take effect from Wednesday, BYD said, adding that customers who had paid deposits on vehicles prior to then would not be affected

Fitch Bohua said NEVs were indispensable if China is to achieve peak carbon emissions before 2030 and “carbon neutrality” before 2060

The company, formerly known as Daimler, said Japanese battery maker Envision AESC would supply battery modules for US-made EVs by the middle of the decade

Toyota said on Tuesday it would make additional production cuts in March due to a shortage of computer chips, days after reducing its domestic production target for the April-June quarter

Reliance's investment in Lithium Werks, which makes lithium iron phosphate batteries that are mainly used in EVs, includes funding for future growth

With new tailwinds from a commodities rally, driven largely by the war in Ukraine, the red-hot market for battery-grade lithium carbonate shows no signs of easing

The multipurpose facility could make microchips, electric-vehicle components and other electronics like displays

China's industry regulator has given China Evergrande New Energy Vehicle Group approval to start sales of its inaugural electric car, the Hengchi 5 sport utility vehicle

Musk retweeted an article saying the Ukraine-Russia conflict had sent commodity prices to their highest levels since 2008, and said his companies "are not alone"

The Chinese entities are facing major challenges after a local court told one of them to give up one of its mines