Germany's Mercedes-Benz and Sweden's H2 Green Steel have signed a binding agreement for the delivery of about 50,000 tonnes of green steel to the carmaker's European production annually, they said in a statement on Wednesday.
Tesla Chief Executive Elon Musk is expected to visit China this week, three people with knowledge of the matter said, in what would be his first trip to the country in three years.
The U.S. Energy Department told lithium battery company Microvast Holdings it will not award it a $200 million grant, a source familiar with the matter said on Monday, after lawmakers cited concerns over its alleged links to China's government.
South Korea's Hyundai Motor Co said on Thursday it will invest 200 billion rupees ($2.45 billion) in the Indian state of Tamil Nadu over the next 10 years to beef up electric vehicle production in the world's most populous country.
Chile, the world's second largest lithium producer, said it plans to transfer control of the production of the mineral essential for electric vehicle (EV) batteries to a new state-owned company.