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SYDNEY -- The company planning Australia's first cobalt refinery is pushing ahead with the project despite a prolonged price slump in battery metal prices. It is betting that U.S. and European efforts to break China's dominance in critical minerals will support alternative supply chains.
Tesla will explore locations in India this month to set up an electric vehicle factory with an investment of up to $3 billion, according to a Financial Times report, in a boost to Prime Minister Narendra Modi's plans to bolster domestic manufacturing.
Tesla could "go bust" while its stock could fall to $14, Per Lekander, a hedge fund manager who has been shorting Elon Musk's electric car maker since 2020, told CNBC on Wednesday.
BYD, China's biggest electric vehicle (EV) maker, reported first quarter 2024 sales fell 43% compared to the fourth quarter of 2023, handing back the title of world's biggest EV seller to Tesla after winning it last year.
PALO ALTO, California -- Tesla has reclaimed the title of the world's top EV seller in the first quarter after losing it to BYD last year.
BEIJING (AP) — Xiaomi, a well-known maker of smart consumer electronics in China, is joining the country’s booming but crowded market for electric cars.
NEW YORK -- South Korean automaker Kia says it will start making its electric SUV in the U.S. by May and expects it to qualify for full tax credits that America offers on EV purchases by early next year.
China-made electric vehicles will make up more than a quarter of the EV sales in Europe this year, with the country's share increasing by over 5% from a year earlier, according to a new policy analysis.