At Tesla’s German plant, 3,000 of the carmaker’s roughly 12,000 staff have been reportedly fired.

Tensions have been rising between China and the West over increasing exports and competition to local players.

Piedmont still needs to obtain local regulatory approval in North Carolina and financing amid low lithium prices.

BP Pulse has reduced the number of countries it operates in from 12 to four, focusing now on the US, Britain, Germany and China.

In December last year, the Treasury issued guidelines aimed at weaning the U.S. EV supply chain away from China.

VinFast last year sold 35,000 EVs, quite below its 50,000 target, representing just a tiny fraction of its 300,000 vehicle production capacity.

Rivian’s quarterly production figure rose around 50% y-o-y but was quite below the 17,541 vehicles it produced in its preceding three months.

Xiaomi SU7 has entered a crowded Chinese EV market with a price tag under USD 30,000 for its base model.

Musk’s increasing right-wing politics and public statements are weighing on Tesla’s brand and demand.

The Luxeed S7 electric sedan developed by Huawei and Chery Auto has started mass delivery after delays caused by production issues.