Battery-grade lithium carbonate prices have dropped from CNY600,000 (US$84,363) per tonne in November 2022 to the current value of CNY150,000, a decline of over 70%. Since batteries...
Poland is expected to play a greater role in driving Central Europe's tech industry forward as Warsaw awaits a new government in December. Donald Tusk. a veteran Polish politician...
Ford Motor Co. will take a direct stake in a battery-nickel plant under construction in Indonesia, deepening its role in the supply chain as carmakers try to secure materials for...
As battery cell prices slide following declining demand in the automotive and energy storage markets, some players have already dropped out of the increasingly heated competition...
China has seen plenty of EV companies emerge and the competition between car parts suppliers grows intense. Supply chain sources said if a component maker cannot offer indispensable...
Japan-based TDK will set up its first manufacturing facility in India, supplying battery cells for iPhones made locally. The latest development highlights Apple suppliers' accelerating...
China has imposed stricter export controls on graphite, a critical EV battery material, since December 1. Many Japan-based companies relying on China's raw materials have been diversifying...
The US government released guidance on EV batteries and materials sourcing, mainly targeting China. Starting in 2024 and 2025, EVs will not be eligible for tax credits provided by...
Tesla officially launched the long-waited Cybertruck on November 30, with three configurations available. The cheapest rear-wheel model has a price tag of US$60,990, over 50% more...
China-based EV company Nio secured a partnership with another traditional carmaker in China. Nio signed a strategic cooperation agreement with Geely Holding on November 29 for battery...
The Land Transport Authority (LTA) in Singapore recently announced that it will grow the country's electric bus fleet. The agency plans to spend SGD221.5 million (US$166 million)...
Supply chain experts note a deceleration in major carmakers' investments in electric vehicle (EV) self-production projects. This shift is attributed not only to considerations of...
Toyota Motor and its two affiliates, Toyota Industries and Aisin plan to sell 10% of their stakes in Denso, the world's second-largest tier-1 automotive supplier. The move likely...
Industry sources indicated that Europe's heavy dependence on imported lithium batteries could lead to a reversal of the current surplus in car component exports.
Infineon said it has secured more long-term contracts for automotive semiconductors, including MCUs and power semiconductors. The company accounts for the largest share of the automotive...
