Australia's Syrah Resources said it plans to expand its Louisiana graphite plant after receiving a $220m grant to boost resources for EV batteries
Tesla posted record delivery figures of 343,830 vehicles in the third quarter, up from 254,695 delivered in Q2. But its shares fell as its revenue was slightly below expectations
Carmakers in China delivered a million cars to dealers in the first nine months of this year – a record number, but a local brokerage said the market looks set to slow in 2023 as demand is softening
The group estimates net profit for the July-September quarter came in at $765 million-$820 million, which is a rise of 333% to 365% from the same period a year earlier
India is set to overtake Japan as the third largest car market by 2025, but it still lacks charging stations, the Chinese outlet reports.
Taiwan's politicians felt Musk's views were driven by his business interests in China, Taiwan News said.
Volkswagen will invest $2.33bn and take a 60% stake in a joint venture with Chinese tech firm Horizon Robotics for autonomous driving software and hardware
The vehicle will be equipped a Level 3 autonomous drive system and is likely to be made at one of Honda's plants in Ohio by 2026
Taiwan's military will no longer buy Tesla cars after Elon Musk proposed China should "figure out a special administrative zone for Taiwan"
The move comes after most other foreign companies pulled out of Myanmar, due to concern that their business could legitimize the hated military, who face a revolution raging on many fronts.
BYD will deliver 500 ATTO 3 cars to India by January. The ATTO is an electric SUV known in China as the Yuan Plus, Pandaily said.
EV battery maker expects third-quarter net profits to hit between $1.23 billion and $1.38 billion, rising from $460 million the same time last year, it said in a stock exchange filing