Battery makers like China's BYD and Korean rival Samsung SDI are teaming up with VW and Mercedes to create an EV-producing mega-hub in Europe
“China is actually free to up its game with respect to environmental standards... and eventually join the alliance," Canada's Natural Resources Minister Jonathan Wilkinson said
Toyota has been reviewing a $30 billion, three-stage plan for developing and releasing electric vehicles it announced late last year
If successful, the IPO would be the first major US float of a Chinese firm since Beijing tightened its grip over Chinese companies' overseas share sales in July last year
Sales of NEVs, which include battery electric vehicles, plug-in hybrid vehicles, and fuel cell vehicles, hit 786,000 units
Abnormal water quality has prompted concerns over the lithium being produced in the region, SCMP said
It has not been an established practice for the plant to shut down for a year-end holiday, which will cut planned production by a third
The firms aim to begin operations in 2025 and the joint plan will see $4-5 billion of investment in the factory
If successful, VinFast will be Vietnam's first company to list in the United States
The US automaker plans to start selling its EVs in Southeast Asia's second-biggest economy via online channels
Japan is one of the most competitive car markets in the world and is still seen as a stronghold for fossil fuel-powered vehicles
The company delivered 100,291 of its popular electric vehicles last month, which Xinhua said was its best month since opening for production in Shanghai in late 2020