Bill Ford, the great-grandson of company founder Henry Ford, also addressed criticism from US senators like Marco Rubio on the automaker's plans to partner with Chinese battery company CATL

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

Yadea, which already has six production hubs in China and one in Vietnam, will build the new plant near Manila with an annual capacity of up to 5m units

Foreign minister Qin Gang said the US should interfering in China's internal affairs and harming its security interests in a call on Wednesday to Blinken, who is due in Beijing on Sunday

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

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

New president says moves to boost the bank's lending capacity could free up "tens of billions" of dollars, but not the trillions needed for energy transition to counter climate change, so private money is essential

Ola's founder Bhavish Aggarwal plans to travel to Singapore, the US and UK over next two weeks to meet investors such as BlackRock, Singapore wealth fund GIC, and T Rowe Price, sources say

The Chinese electric vehicle maker said its new NEV brand symbolizes “the pursuit of the transformative rise and the exploration of digital realms”

The path to Indonesia's new high-speed rail service, built and funded with Chinese aid, has been drawn-out and bumpy, and now there are tussles over when it should open and loan fees

Tata Group unit Agratas Energy Storage Solutions said work on the northern Gujarat plant was expected to start in the next three years

The investment, from a British consortium that includes mining giant Glencore, will go into a wind energy-powered industrial park on Sulawesi island