The International Energy Agency expects world oil consumption to hit its peak in 2030 at 103 million barrels per day – a decade faster than initially predicted

Prices of the key EV battery metal have already tumbled close to 80% this year with supply outpacing the rise in demand

The US Treasury is expected to block an EV tax subsidy for buyers of cars containing batteries, components or minerals made by state-owned Chinese companies

Huawei has said the new unit will engage in R&D, production, sales and service of intelligent automotive systems and component solutions

Spot lithium prices in the world's top producer of the battery metal were effectively down close to 80% year-on-year

A mass market EV known as the 'Model 2' is tipped to be one of the first Teslas that will go on sale in coming years; meanwhile the carmaker won a court base in China over a supposed brake failure

A unit of Beijing-based automaker BAIC has proposed to make two versions of Xiaomi's first-ever electric vehicle — the SU7 and the SU7 Max

China seems poised to the end the year on a high too, with the final two months of the year seen as seasonally high for vehicle sales

The carmaker has said it is still looking for the right location and would make an announcement at the end of the year

Rare earths have emerged as particularly significant to the global clean energy transition as countries around the world race to meet their carbon emissions goals

Berkshire’s latest stake sale in BYD came on the heels of the EV-maker’s financial results this week, in which the carmaker reported its highest-ever quarterly profit

The electric vehicle giant continues to preserve its domestic market leadership despite softer demand and increased competition