Carmakers have responded to surging lithium prices by switching to lithium ferro-phosphate batteries, which China is best placed to supply worldwide, says Credit Suisse

The brisk business underscored how South Korean conglomerates are investing heavily in battery materials to make up ground lost to Chinese competitors

The latest wave of Covid-19, driven by the more contagious Omicron virus, has resulted in more than 20,000 infections all over the country

Financial hub reported a record daily surge in local Covid-19 infections on Monday as authorities scrambled to test residents and rein in the Omicron variant

The two deaths happened in China's northeastern region of Jilin that borders North Korea and Russia, where case numbers make up over two thirds of total domestic infections

Dubbed 'closed-loop management', the factory bubbles approach has been part of Beijing's efforts over the past two years to keep local transmission low by global standards

China Eastern seeks US aviation regulator's approval to move flights from New York to Fuzhou's Changle Airport in April amid Covid-19 outbreaks

Asian satellite operators are trying to wean themselves off the inexpensive Russian space launch services they have long relied on

China is allowing Apple supplier Foxconn's Shenzhen operations and construction sites in Shanghai to resume work on condition that employees live and work in a bubble to fight Covid-19

Queues of container ships building up at major Chinese ports as Covid outbreaks in manufacturing export hubs threaten to unleash a fresh wave of global supply-chain shocks

The price increases will take effect from Wednesday, BYD said, adding that customers who had paid deposits on vehicles prior to then would not be affected

The company, formerly known as Daimler, said Japanese battery maker Envision AESC would supply battery modules for US-made EVs by the middle of the decade