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Company puts its pedal to the metal despite slowing EV demand
Deal would turn facility into all-EV factory as Japanese group transitions models to green energy
Head of group seeking to be Europe’s first homegrown champion in the sector is not your average Swedish CEO
LG Energy Solution and SK On slowing their expansion in response to sluggish demand
Japanese carmaker expected to invest £1bn and allay any uncertainty over future of its UK factory
Brussels’ proposals led many industries from plastic producers to Camembert makers to push for exemptions
German group’s shares rally as investors hope unit will be spun off
Move comes after group was forced to accept €15bn state-backed rescue package
Agreement reflects pressure carmaker is under to lower the cost of its electric vehicles
Steel group seeks alternative source as concerns persist over high European energy prices
Swedish start-up has developed an energy storage technology with no critical minerals including lithium which could minimise reliance on China
Sale of automotive unit would free up ample cash to invest in rapidly changing battery technology
Sales expected to be affected by flatlining China performance next year
Group aims to save €400mn as it battles to remain competitive in electric vehicle era
Revenues in the third quarter were 11 per cent higher year on year
MEPs say bigger cuts would hurt carmakers and consumers but back curbs on microplastics in brakes and tyres
World’s biggest producer has scaled back its growth plans at a time when Chinese rivals pursue development
Hedge fund boss tells EV specialist not to accept bid, which puts its enterprise value at €3bn, from competitor that has ‘missed the boat’
Swedish brand eyes President Joe Biden’s green subsidies as it prepares to buy EV batteries from European start-up Northvolt
Japanese manufacturer works on new approach as it targets big increase in electric vehicle production
Exports of lithium ion-based products increase safety risks and pose ‘huge problem’ for shipping, says IMO
Strong demand for electric vehicles boosts German carmaker
Danish developer’s deepening difficulties come as top BP executive says US market is ‘broken’
Japanese electronics group slashes full-year operating profit for its car battery unit by 15%
Consumer appetite for battery-powered cars and trucks has fallen short of industry expectations
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