The acquisition comes as the nickel market is tightening with a surge in battery demand after an increase in global stainless steel production in recent years
The precious metal has dropped 5% this year, even with investors looking for protection as consumer prices soar across the globe
Group plans $5bn factory in Georgia, but its CEO said ramping production of three different vehicles within a few months was a challenge, given supply-chain constraints and other issues
Tomoko Yoshino described a barrage of efforts to derail her promotion to the presidency of the Japanese Trade Union Confederation
Retail sales slowed as new Covid-19 outbreaks hit the world's second-largest economy
Musk, who is now the world's wealthiest person, wields impact with his Tesla electric cars and his SpaceX rockets, but a US senator says he's a freeloader who should pay more tax
South Korea is planning to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP)
Agreements with MP Materials and privately-held Vacuumschmelze are the latest push by GM to reduce reliance on China
India's second largest carmaker will launch affordable and premium electric models, starting with its first EV in 2022
The former chair's remarks come after investors gave the Japanese carmaker’s $17.7-billion plans a poor reception
Battery maker wants funds to expand and meet booming demand for EV batteries. Its IPO early next year could be South Korea's largest listing
Tesla CEO slams federal efforts meant to spur electric vehicle adoption, including the roughly $2 trillion social-spending and climate bill