Asked on Tuesday how much Senate support he had secured, Pita said: "Enough for me to become prime minister"

The American investment company sold 2.53 million shares in the EV-maker and has now reduced its stake from 20.49% in August last year to 8.98%

Global lithium demand is predicted to exceed supply by 500,000 metric tons in 2030 despite 45 mines operating in the world last year and 11 more due to open

The two countries signed agreements on computer chips, tech, critical minerals, space cooperation, plus defence and cooperative arrangements aimed at countering China's influence

Technological advances have helped lithium-iron-phosphate batteries edge past EV batteries made of nickel and cobalt, experts say

Musk says it's "quite likely there will be a significant investment in our relationship with India in the future,” adding that he thinks "India has more promise than any large country in the world"

The Nikkei 225 in Japan was up by 0.56% on Wednesday, but the Hang Seng Index in Hong Kong slumped by nearly 2%; stocks also fell in Shanghai, Sydney, Bangkok and other markets

New energy vehicles purchased in 2024 and 2025 will be exempted from purchase tax of up to 30,000 yuan per vehicle, and half of that for purchases in 2026 and 2027

The ‘SiliconAuto’ joint venture will design and provide semiconductors for Stellantis’s Fiat and Peugeot brands as well as other automakers

The Korean automaker has raised its EV sales target to 2 million by 2030, will develop next-gen batteries and sell two China plants

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