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Battery costs are the most expensive component in electric vehicles (EV) and a move toward lower prices by CATL, which had 37% of the global market last year, would ease a major cost pressure on automakers.

Sigma is finishing construction of a hard rock lithium mine in Brazil that will produce spodumene concentrate, which can be used to make lithium hydroxide, a type of metal preferred by some automakers including Tesla and BMW.

The team's second rider Sebastian Buhler suffered a mechanical issue and could not finish the stage

Ultraviolette has begun the deliveries of its F77 electric motorcycle in India. The company plans to open its first dealership in March 2023.

The Hyundai Alcazar with its new 1.5-litre Turbo GDi petrol engine competes against the Tata Safari, MG Hector Plus and the Mahindra XUV700 in the segment. We take a look at how it stacks up against the competition on paper.

The duo of riders finished fifth and seventh in the Prologue Stage competing in the rally class

The company said its profit came in at 7.11 billion rupees ($85.96 million) for the three months ended Dec. 31, a year-on-year increase of 3.6%.

Among those roadblocks, a looming shortage of battery raw materials could put government mandates "in conflict with manufacturing reality" - one of the macro trends charted in the 2023 Moving World Report, published by investment firm UP.Partners.