Some of the biggest rare-earth companies outside of China are facing challenges in refining elements for the green energy transition

India and Thailand are contenders for production sites for a small electric vehicle made by Foxconn's Mobility in Harmony, CEO Jack Cheng said

The deals follow the introduction of the US's Inflation Reduction Act, designed to wean the US off the Chinese supply chain for electric vehicles

Analysts say the price tag on VinFast's planned merger is not realistic given that the EV-maker continues to burn cash and is in very early stages of its US business

The US commerce secretary said the rules "will deny some revenue to American companies but we think it's worth it”

French automaker Renault is to hack back costs by 40% while Peugeot-Fiat carmaker Stellantis described the competition with China as “brutal”

The deal is win for Xpeng, one of the smaller players in China's EV sector, that is less than a decade old

The battery giant is shadowed by increasing competition from rivals like BYD, a capacity glut with its production facilities and headwinds in its efforts to expand globally

"Security concerns with respect to Chinese investments in India" led officials to decline the EV-maker's proposal, a report by the Economic Times said

Unspectacular earnings reports from Tesla and Netflix dampened the mood on trading floors with chip giant TSMC’s downbeat forecast adding to the gloom

Over a dozen state agencies said regions would be urged to increase annual car purchase quotas and efforts made to support sales of second-hand vehicles

A Wall Street tech slide dragged on Tokyo’s benchmark index while elsewhere investors weren’t wowed by Beijing's plans to boost its economy