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EV maker Lordstown Motors begins bankruptcy embroiled in disputes

U.S. electric truck manufacturer Lordstown Motors began its bankruptcy case embroiled in litigation, laying out disputes with estranged partner Foxconn, rival electric vehicle manufacturer Karma Automotive, the U.S. Securities and Exchange Commission and several investor...

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Australia's Element 25 to supply GM with manganese sulphate

Element 25 Ltd said on Monday it will supply manganese sulphate to General Motors Co from a new facility in Louisiana, as the automaker looks to secure supply of battery minerals for its North American electric vehicle production.

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UPDATE 2-British consortium to invest $9 bln in Indonesia mining, EV batteries, minister says

A British consortium that includes mining giant Glencore will invest about $9 billion in Indonesia's mining and electric vehicle (EV) battery sectors, a minister said on Wednesday, as the resource-rich country tries to lure a host of multinational firms.

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Indonesia's Halmahera Persada Lygend inaugurates nickel sulphate plant

Indonesian nickel company Halmahera Persada Lygend said on Thursday it has inaugurated operations at its first nickel sulphate plant, as the country ramps up its ambitions to dominate the electric vehicle (EV) industry.

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UPDATE 1-Europe's luxury stocks hit 7-week low as selloff continues

A gauge of top luxury stocks in Europe fell to seven-week lows on Wednesday as a selloff in the sector continued following a strong run this year that has been key for positive returns across broader European markets.

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ANALYSIS-Ford offers investors big bets but finds few takers

Ford Motor Co CEO Jim Farley has yet to convince investors the automaker’s next generation of electric vehicles can hit 2026 profit targets, but he is already worrying about the third generation of Ford EVs that will launch late in this decade.

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Belgium's ABEE seals $44 mln battery plant deal in North Macedonia

Belgium's Avesta Battery and Energy Engineering (ABEE) on Monday signed a contract with North Macedonia to build a factory for the production of electric batteries for cars, the government said.

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