Elon Musk has reportedly demanded the concession in return for building a new production plant in a car market dominated by low-cost vehicles

US lithium miner will meet investors in Allkem Australian in coming days ahead of vote on $10.6-billion merger next month

The two automaker groups joined the startup’s latest $33 million funding round as it works to develop permanent magnets built without rare earths

The auto firm’s joint venture with China's state-owned FAW Group is to reduce production by another three months

A basket of prices for the key electric vehicle battery metal has dropped by more than 60% this year

Nio has announced plans to cut its workforce by 10% as buyers shun pure electrics for more economical plug-in hybrids

The carmaker has said it is still looking for the right location and would make an announcement at the end of the year

Rare earths have emerged as particularly significant to the global clean energy transition as countries around the world race to meet their carbon emissions goals

Berkshire’s latest stake sale in BYD came on the heels of the EV-maker’s financial results this week, in which the carmaker reported its highest-ever quarterly profit

The move, proposed in a new debt-restructuring plan for offshore bondholders with about $19 billion of debt, would involve shares in its property services and new-energy-vehicle units, sources say

The Japanese auto giant is accelerating its efforts to catch up with its legacy rivals by boosting its investment in its North Carolina plant

The Tesla supplier dropped its full-year operating profit forecast to $769 million as a result of falling demand for luxury electric vehicles