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Vietnam's VinFast recalls first batch of US-bound EVs over security risk

Vietnamese electric vehicle (EV) maker VinFast said it is recalling all of the first batch of vehicles it shipped to the United States last year following a safety warning issued by U.S. authorities.

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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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UPDATE 3-Lithium miners surge as Allkem-Livent tie up fuels M&A hopes

Shares in Australian-listed lithium miners jumped on Thursday after a $10.6 billion merger in the sector raised expectations for more consolidation among producers of the key metal in electric vehicle batteries.

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Argentina's lithium pipeline promises 'white gold' boom as Chile tightens control

In Argentina's mountainous north, a strong pipeline of lithium projects close to coming online looks set to unlock a wave of production that could see its output of the key electric vehicle battery metal as much as triple within the next two years.

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UPDATE 4-Chile plans to nationalize its vast lithium industry

Chile's President Gabriel Boric said on Thursday he would nationalize the country's lithium industry, the world's second largest producer of the metal essential in electric vehicle batteries, to boost its economy and protect its environment.

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Volkswagen, partners to invest over $20 bln in car battery business

Volkswagen said on Thursday it would invest over 20 billion euros ($20.38 billion) in a battery cell business jointly with partners, creating 20,000 jobs and reaching annual sales above 20 billion euros by 2030 as it seeks leadership in the growing market.

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UPDATE 1-Redwood Materials aims to start anode copper foil production by end of 2022 -CEO

The chief executive of battery recycling company Redwood Materials said on Tuesday his company aimed to start copper foil production used for electric vehicle battery anodes at its new Nevada facility by the end of this year.

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Hungary wins EU nod for $230 mln aid to SK Innovation battery plant

Hungary on Tuesday gained EU competition approval to grant 209 million euros ($230 million) in state aid to South Korea's SK Innovation Co's electric vehicle battery plant, its third in the country.

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UPDATE 1-Eramet sees high metal prices sustaining earnings this year

Eramet said on Wednesday that high metal prices are likely to continue to drive earnings this year after a surge in the French nickel and manganese miner's core earnings in 2021.

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