Battery-electric vehicles accounted for 8% of new vehicle sales in June and July of this year, while overall auto sales are set to drop 12% this month
Ottawa joined the US and the European Union in putting 100% tariffs on Chinese electric vehicles last month
The power pack, developed by SAIC-GM and CATL, would be the fastest charging electric vehicle battery to date
The world's no-2 crude steel producer has been consuming the metal at a fast pace with robust demand from the infrastructure and automotive sectors
Musk’s relationship with Donald Trump and endorsement of many right-wing conspiracies has seen his stock in Hollywood plummet
Sources say the Commerce Dept is set to propose a ban on Chinese software and hardware in cars on US roads due to national security concerns
China and EU have both vowed to intensify efforts to avert the tariffs, amid concerns that could trigger a 'trade war' between the economic powerhouses
Researchers claim forced and child labor issues were found in 75% of lithium battery supply chains – most of them in China
The planned tariffs, if approved by the EU's 27 members, will potentially raise prices for consumers at a time when the region's EV sales have plunged 44%
The world's richest man is in the spotlight again, but with Tesla shifting its focus to robotics and AI, some are predicting Musk could be the world's first trillionaire
The sector leader says its new Tianxing-B power pack will last 15 years and will be rolled out with the likes of Dongfeng, Golden Dragon and Yutong Bus
Weak industrial data causes Goldman Sachs and Citibank to cut growth forecasts, while Nomura says China may face a second wave of economic shocks