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The facility is called Re.Wi.Re which stands for Recycle with Respect

The Vietnamese company, a unit of conglomerate Vingroup JSC, started to ship its first batch of 999 electric vehicles in November last year but has not delivered them to customers yet

"At the moment we don't feel pushed to do an IPO very quickly," Rosengren told reporters

Global benchmark Brent crude settled $1.02, or 1.2%, lower at $83.05 a barrel.

Analysts expect China's oil imports to hit a record high in 2023 to meet increased demand for transportation fuel and as new refineries come on stream.

Last month Russian oil accounted for about 27% of the 5 million bpd of crude imported by India,

FinDreams Technology, the Chinese company's battery unit, is aiming to build a facility with the capacity to produce 40 gigawatt hours per year of its Blade Battery in the city of Zhengzhou in Henan province

The move could help turn Tesla into the universal "filling station" of the EV era - and risk eroding a competitive edge for vehicles made by the company, which has exclusive access to the biggest network of high-speed Superchargers in the United States.