The battery plant, set to built in the state of Georgia, will have an annual production capacity of 30 gigawatt-hours, enough for 300,000 EVs, the battery giants said
The Japanese auto giant’s top scientist said finite resources mean petrol-electric hybrids will be a more viable option in many countries
Global temperatures are likely to be 1.5°C above pre-industrial levels at least once over the next five years, the WMO says, and an El Niño weather pattern looks likely to occur late this year
Big Japanese brands are struggling to match their Chinese rivals, as buyers in the world's biggest market transition to cheap electric vehicles
A mining tax windfall has helped Australia nearly balance the books, but a huge test looms from 2024 tax cuts passed by the former government that will slash revenue unless amended
Analysts say the move by Chile to nationalise its lithium sector, which could potentially curb long-term supply, may be negated by growing supply from other sources
Treasury Secretary says the US seeks "constructive and fair" economic ties with China and urges cooperation on global debt crises, climate change and ending the war in Ukraine
China's expertise in chemical refining and production could see it lead a shift to rechargeable batteries that use sodium rather than lithium, a new report says
The deal aims to strengthen their battery supply chains, by reducing dependence on China, and help Japanese carmakers access to a new tax credit for electric vehicles in the US.
Xi Jinping’s comment that he was “both pleased and concerned” about CATL’s EV battery market dominance has prompted industry executives to brace for government scrutiny
Xi was quoted as saying he was "both happy and worried" – glad about its lead position in the global battery market but fearful given intense rivalry with the West and risks over its high profile
"We are finalising negotiations with two big global car producers. We hope this new policy will make our position much stronger than before," senior cabinet minister Luhut Pandjaitan said