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Move comes as Biden administration prepares guidance on qualifying for tax credits under IRA
The Swedish business with plans to build four gigafactories is a young company in a hurry
Industry executives say they are encouraged by Brussels’ response to the IRA but urge quick action
Swedish start-up has become the main European challenger to the big Asian companies that dominate the industry
Founder of Tsingshan, world’s largest producer of the metal, plans first IPO after 35 years
Money will be used over next five years to produce batteries and fund expansion in US and China
Battery start-up had just £1.8mn and no IP when it went into administration in January
The company is helping the region compete with the US and Asia in a sector that is crucial to the green transition
Washington’s subsidy rules benefit northern neighbour as German carmaker puts European plant on hold
Share of global output expected to reach 50% over next two years
VW’s choice of battery factory in North America highlights risks of losing talent and technology across Atlantic
Company unveils strong results days after warning from Xi over risks of success as geopolitical rifts deepen with west
Europe’s largest carmaker is ‘waiting’ for an EU response to Biden administration’s subsidies
President Joko Widodo wants domestic processing and production of metal, batteries and cars
Ford and other manufacturers pursue cheaper energy storage technology prevalent in China
German carmaker also seeks site for its first battery factory in North America
Critical investment decisions are due from companies including Jaguar Land Rover, Nissan and Toyota
LG Energy Solution sees most potential in North American market
Tata Motors will decide between Somerset and Spain for new plant within weeks
US electric-car maker has set an example other big manufacturers should follow
A rise in cost of the commodity would create relative advantage for better-hedged companies
Australian group has until end of next month to close deal to buy site of UK start-up
Cost of clean energy’s ‘white gold’ still eight times what it was a year ago
Strategies for reuse and recycling will be vital as the auto sector faces up to resource constraints
Carmaker cites US Inflation Reduction Act in deciding location of $3.5bn Michigan factory
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