China’s top battery manufacturer, Contemporary Amperex Technology Co Ltd (CATL), said it signed a multi-billion dollar battery supply deal with Volvo Car Group, reported CNBC. The deal to su... Read more
China’s lithium production has become easier and significantly cheaper, thanks to a technological breakthrough, just as US concerns about China’s dominance in the supply chain are on the ris... Read more
Vehicles sales in China, the world’s largest auto market, fell 14.6% in April year-on-year, marking the 10th consecutive month of decline, said Reuters. Sales fell to 1.98 million vehicles,... Read more
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Chinese electric vehicle maker BYD Co Ltd, backed by US investor Warren Buffett, reported a 632% jump in its Q1 net profit, buoyed by strong demand for its new energy vehicles, said Reuters.... Read more
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