The American investment company sold 2.53 million shares in the EV-maker and has now reduced its stake from 20.49% in August last year to 8.98%
Global lithium demand is predicted to exceed supply by 500,000 metric tons in 2030 despite 45 mines operating in the world last year and 11 more due to open
From strict US laws governing weapons export to India's willingness to be "dictated to by the US State Department,” Biden and Modi's efforts to counter China through defence cooperation may face significant challenges
Two of the world’s richest men are locked in a battle over the Indian government's distribution of satellite broadband spectrum in a bid to tackle costs and competition
Technological advances have helped lithium-iron-phosphate batteries edge past EV batteries made of nickel and cobalt, experts say
The move would allow some Indian and other foreign workers on H-1B visas to renew those visas in the US, without having to travel abroad, sources said
New energy vehicles purchased in 2024 and 2025 will be exempted from purchase tax of up to 30,000 yuan per vehicle, and half of that for purchases in 2026 and 2027
Japan has designated batteries for energy storage as important under an economic security law and earmarked close to $2.4 billion to support their supply and development
The automaker aims to launch next-gen lithium-ion batteries in 2026, state-of-the-art solid-state batteries a year later and introduce a "self-propelling" assembly line
Tokyo’s benchmark closed above the key psychological 33,000 level for the first time since July 1990 thanks to tech sector optimism
Purchases of Nio models slid in April and May as a price war intensified, with Tesla's China sales more than five times Nio's over the same period
The Chinese electric vehicle maker said its new NEV brand symbolizes “the pursuit of the transformative rise and the exploration of digital realms”