Indonesia wants Tesla Inc. to make cars — and batteries — locally. That might be the smartest bet Elon Musk can make, and it won’t be so hard. “What we want is the electric car, not the battery. For Tesla, we want them to build electric cars in Indonesia,” President Joko Widodo said in an…

Industrial China is alive and well despite concerns of an economic slowdown. It just doesn’t look like it did before — or at least, what everyone is used to. Data this past week showed a dismal picture: Industrial output rose 3.8% from a year earlier, which was below expectations, fixed…

The world’s biggest car company had a rough quarter, and its supply-chain problems aren’t going away any time soon. That’s a warning for other large manufacturers — and their stakeholders. Toyota Motor Corp.’s profits fell 18% for the quarter ended June. Much of the hit came from raw material…

The financial capitals of the world have lost their luster. The bright lights of New York City seem to have dimmed. London has far too many issues to contend with, from inflation, messy politics and homes not built for the heat to a dysfunctional international airport. Hong Kong is a dark shadow of…

When it comes to electric vehicles, there is no great American supply chain. Storied automakers General Motors Co. and Ford Motor Co. have just proved as much. General Motors last week signed three significant deals. They include a $10.8 billion dollar agreement with South Korea’s Posco Chemical…

As the battery provide chain will get concentrated within the palms of some international locations, a forgotten metallic might assist rising and growing markets keep away from getting left behind The world’s largest battery firm is popping to abundantly obtainable supplies because it seems to…

With the rush to electric vehicle adoption, charging networks are being rolled out across countries, government-backing is growing and automakers are promising a host of green cars. Yet, even if all this happens, it’s worth wondering how power grids will handle the demand for all this electricity. …

Everyone wants a Rumpelstiltskin in their lives, spinning straw into gold. So when Softbank Group Corp’s Rajeev Misra comes knocking on your door looking for a few billion dollars, you’re in luck. The former Deutsche Bank credit trader, who was instrumental in building up the $100 billion…

It may not have enough electric vehicles, powerpacks or the capital, but India has found a way towards mass electrification: swap batteries. The solution, where empty batteries can be exchanged for charged-up ones, is still in nascent stages in China, the world’s largest EV market, where it is…

If you lean toward supporting Russia in its invasion of Ukraine, or if you’re a pacifist convinced of the inherent criminality of armed conflict, you’ll find evidence that, for all of its adroit messaging, Ukraine’s conduct during the war is hardly impeccable. There’s the recent United Nations…