Investment plans for U.S. battery production have increased since President Biden signed a law that offers generous incentives for electric cars and green energy.
An unexpected decline in the price of an essential battery material, along with those of other commodities, is good news for buyers. But experts disagree on how long low prices will last.
A $7.8 billion factory planned by a Chinese company in eastern Hungary has become divisive even within the party of Prime Minister Viktor Orban, who championed it.
The German automaker announced a plan to accelerate its transition to battery-powered vehicles and bolster operations in China and North America.
President Biden and the European Commission president are set to discuss how to effectively counter Russia and a potential trade deal for electric vehicles.
BYD is a powerhouse in China and sells the most electric vehicles of any company in the world. Now it has a plan to attract buyers in Europe’s largest economy.
BYD is a powerhouse in China and sells the most electric vehicles of any company in the world. Now it has a plan to attract buyers in Europe’s largest economy.
Ford’s $3.5 billion plant in Michigan will draw on technology from CATL, a Chinese company that is the world’s No. 1 maker of electric-car batteries.
The electric car company is facing intensifying competition, supply chain disruptions and concerns about the behavior of Elon Musk.
Worry about the carmaker’s sales in the world’s largest car market is one reason the shares have plunged.