The move comes as New Delhi doubles down on PM Modi's "Make in India" campaign with Tesla only last year abandoning its India plans over tariffs

The JV, which started producing Acura cars in China six years ago, only sold 6,554 of them in the world’s biggest auto market in 2021, down 45% from 2020

The possible move by the French carmaker points to the growing perception of the auto market in India, which posted the fastest growth of any major market in 2022

EV and hybrid carmaker BYD, which only began making vehicles in 2003, is on target to top the monthly sales chart in China for the first time

The region’s major markets were weighed down by worries over China’s Covid fight and bad news on Japan inflation despite optimism on US rate hikes

Big Chinese, South Korean and Japanese firms are seen as more likely to follow through than local startups, as they have contracts with global carmakers and experience building large factories

As China's automakers close the gap with foreign automakers we are likely to see more joint ventures collapse in the coming years, Urban Science managing director Chee-Kiang Lim said

Toyota now plans to outlay $3.9 billion on an EV battery plant in North Carolina, it said on Wednesday, partly because of rising consumer demand.

CATL said the construction of the $7.6 billion plant in Hungary, to supply Mercedes, BMW and VW, will be its biggest overseas investment

About 200,000 tonnes of copper believed held at storage sites in Qinhuangdao port for Glencore and over a dozen Chinese companies is reportedly missing, the report says

Japan-based conglomerate announces plans to open $4-billion facility in Kansas to make EV batteries for Tesla.

Tianqi Lithium shares started trading at HK$74.50 ($9.49) each before bouncing back to its debut price of HK$82 - in a recovery important for the group and the Hong Kong Exchange