In 2022, while lithium prices were soaring to life-time highs, CATL intervened in the market by opening a huge lithium hub in China. Prices have since slumped 86%
Before we head into Donald Trumpโs first full day in office on Tuesday, hereโs a look at what his first day back as president meant for technology, climate and markets
Beijing and Washington are painting a picture of bonhomie between the world's superpowers ahead of Trump's inauguration, but Chinese businesses remain cautious of a potential trade war
The group, which describes its business as "emissions intelligence," has raised an extra $5 million to enter the insurance sector to focus on emissions risk management.
Despite the Biden Administrationโs push to finalise those rules, however, their implementation will come down to President-elect Donald Trump who takes office in a little over a week
A brutal price war between automakers and millions of dollars worth of government subsidies fuelled a record boom in sales of EVs in China last year
Some analysts think Musk's close ties with incoming President Donald Trump might allow Tesla some kind of waiver from potential future restrictions on the Chinese battery giant
This is the second time BYD has overtaken Tesla as the worldโs biggest seller of electric vehicles in a quarter
The Shanghai Megapack facility, completed in December, is projected to produce about 10,000 Megapack units a year โ 40 GWh of annual capacity.
Despite the sales bump, though, Tesla is still close to losing its top global EV-seller crown to Chinese rival BYD
China's proposals could help it retain its 70% grip on global processing of lithium into the material needed to make EV batteries. It could also threaten expansion plans by groups such as CATL
The recall, announced last month, affects 22,883 EV9 electric SUVs Kia built between September 2023 and October 2024