The potential battery JV may cost 4 trillion won ($3.4 billion) and have an annual capacity of up to 40 GWh of batteries

Steel production curbs imposed to combat pollution dented demand and pulled prices of the key ingredient off a historical high

Lithium allows electricity to be stored and transported and is essential to battery production as carmakers turn to new energy vehicles

The company's international segment reported record first-quarter results, while revenue and profits declined in Japan and mainland China

Melbourne-based miner signed a deal to invest up to $100 million in Tanzania’s Kabanga nickel and cobalt project, two metals vital for EVs

A highlight is that project units will no longer be required to provide duplicate documents that can be obtained by mutual recognition

One bright spot was new energy vehicles (NEV), which include battery-powered electric cars, hybrids and hydrogen fuel-cell vehicles. Over half a million were sold in December.

Ronnie Chan, chairman of Hang Lung Group, said it is important to have capital from outside the city and constantly keep it flowing in

South Korean battery maker's $10.7bn IPO has received bids worth around $80 billion from institutional investors, sources have said

Volkswagen said it would likely double sales of its battery electric vehicles in China this year and aims to do even better but it could be hamstrung by a shortage of semiconductors.

India would need 400,000 public charging stations to serve an estimated two million EVs by 2026, according to a June 2021 report, but it only has 1,038 currently

Executives have spent years talking up ambitions, allocating billions of dollars to add more electrics to their global lineups