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

Auto giant BYD says it sold 193,655 new-energy vehicles in February – a big jump from a year earlier – amid a broader rebound in China's auto market

China has a 'stunning lead' in most of the 44 critical emerging technologies, an Australian Strategic Policy Institute study said, adding that democratic nations need to collaborate more

Nissan predicts that 55% of all cars will be 'electrified' by 2030, Green Car Reports said

With the "next-generation" system, Honda aims to bring costs down by two-thirds compared with its older fuel cell system

Faster-than-anticipated popularity of electric vehicles means India’s fuel consumption could peak a decade sooner than forecast, analysts and industry participants say

IEA data highlights China's key role in making photovoltaic wafers, cells and modules for solar panels, plus blades, towers and nacelles (turbine units) for wind-power generation

Warren Buffett-backed BYD took the lead among Chinese electric-car makers, with a 152.5% increase in EV deliveries

Firms from Hyundai Motor to BYD are set to focus on electric cars, while Maruti Suzuki and Toyota Motor are expected to also showcase hybrid and hydrogen fuel-cell vehicles