The acquisitions would give BYD access to more than 25 million tonnes of lithium oxide, which is used in the cathodes of EV batteries

The carmaker will procure electricity from renewable sources and use carbon-neutral vehicles at its factories, among other measures, it said in a statement

Guangzhou-based XPeng has run double-shift, 24-hour production since mid-May to clear its order backlog.

He Xiaopeng, the CEO of one of Tesla's biggest local rivals, says China is still at least ten years away from being a true global leader.

Attero Recycling, based near Delhi, plans to build EV battery recycling facilities in Indonesia, Poland and the US as it aims to be a global player

In a tweet, Musk said employees unwilling to comply with office work "should pretend to work somewhere else."

B&M’s capital investment in LG Chem’s Gumi EV batteries cathode production plant will result in a 49% stake in the JV, with the remaining 51% to be held by LG Chem.

Apple supplier Foxconn and chipmaker Taiwan Semiconductor Manufacturing Company (TSMC) are among firms looking to access Japanese know-how.

Although the certification is a significant milestone, the company still has hurdles to clear before its electrical vertical take off and landing aircraft can legally fly passengers.

Foxconn is aiming to capture around 5% of the global electric vehicle market by the end of 2025 and has said it is hoping to boost its capacity to make EV chips

Tata is thought to have offered $100-150 million for the Gujarat manufacturing plant, which will be adjusted to produce electric vehicles

Tesla chief Elon Musk pours cold water on the idea his company will set up a gigafactory in India in the near future