Cars News

Albemarle, the world's largest producer of lithium for electric vehicles, is the latest to join ILiA after mining giants including Rio Tinto and BASF.

No information was immediately available about who was behind the possible attack or the motive. The attack comes just after Japan joined Western allies in clamping down on Russia after it invaded Ukraine, although it was not clear if the attack was at all related.

Hitting that production target would depend on a stable supply of chips

There were no external investors participating in the round. The company did not provide any details on its valuation.

Panasonic unveiled the 4680 format (46 millimetres wide and 80 millimetres tall) battery in October.

Since merging Fiat Chrysler and Peugeot to create the world's No. 4 carmaker by production, Tavares has mapped out a 30 billion euro ($34 billion) electrification plan that helped Stellantis shares surge more than 60% in their first year.

Sales of EVs in the United States jumped to a record high earlier this month with 434,879 new units on the road, however, demand for their hybrid counterparts remained strong as many customers withdrew from EVs due to higher prices, limited driving range and fewer charging stations than required.

Great Wall plans to launch 10 new electrified products within three years in Brazil, four of which will be pure electric vehicles and six hybrids.